Last Updated: 05/18/2010
Deferred gifts, although given today, will not realize their benefit to the University until some years into the future. Large deferred gifts have a major impact on the University and its fundraising mission. Since deferred gifts are integrally connected to donor's financial and/or estate plans, deferred gifts are often referred to as planned gifts.
Life income gifts and estate gifts are two general categories of deferred gifts. Life income gifts provide either an income or the use of some assets for the duration of the donor's life. Estate gifts are normally associated with donor's wills or final distribution of estates. All donors who have documented a deferred gift are eligible for membership in the Heritage Society.