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Over the years, the
University of Pennsylvania School of Veterinary Medicine has received
generous support from donors who have made gifts through a variety of
planned giving programs. These gifts have been designated by donors
for a variety of purposes, including to fund scholarships,
professorships, and cutting-edge research at the School.
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Planned gifts are flexible,
tax-advantaged arrangements that enable donors to make substantial
gifts in ways that complement their personal financial planning. They
can be designed to generate life-long income, obtain significant
income tax deductions and reduce or eliminate estate taxes. Planned
gifts can also be a means of converting low-yielding assets into a
higher income stream at a reduced capital gains cost.
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Penn's Office of Gift
Planning offers a variety of life income arrangements including
charitable gift annuities and charitable remainder trust. Planning staff can also help donors tailor bequests and structure
gifts of life insurance and other assets for the benefit of the
School.
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Gifts made by will are one
of the School's most important sources of individual support. Bequests
can be made in the form of a specific gift of cash or property, or a
percentage of the remainder of an estate. The latter allows more
flexibility in planning. We are pleased to provide this sample wording
for bequests to the School of Veterinary Medicine for you and your legal
adviser:
I give, devise, and bequeath to the
Trustees of the University of Pennsylvania, a nonprofit corporation
organized and existing under the laws of the Commonwealth of
Pennsylvania, the sum of $__________ (or _____% of the rest, residue
and remainder of my estate) to be used for the unrestricted purposes
(or for a specific program of your choosing) of the School of
Veterinary Medicine.
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Participation in any of Penn’s planned
giving programs also bestows the benefits of membership in the
Veterinary Heritage Circle of The Charles Custis Harrison Society.
Those benefits include annual luncheons, seminars and the University’s
planned giving newsletter, Partners in Penn’s Future.
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Gift Planning staff are
always willing to meet with donors and their financial advisors to
design the most advantageous ways of giving to the School. For more
information, please visit their web
site or call toll-free at (800) 223-8236.
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