Planned Giving
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Planned Giving

Planning Giving

Through imagination and smart charitable planning, you can shape Converse’s future beyond what you thought possible and propel Converse further forward. Including Converse in your long-term financial or estate plan is a decision that encompasses more than financial goals and tax benefits. It’s about harnessing your passion to make a lasting impact on the people and places important to you.

Planned gifts are as unique as the people whose passion and creativity inspire them to give.

Planned gifts are as unique as the people whose passion and creativity inspire them to give. Whether you want to endow a scholarship for future students or give a boost to a particular program, planned gifts provide meaningful support to Converse while helping you achieve your own personal and financial goals. Converse offers a range of imaginative giving strategies which allow you to unleash your inner philanthropist while maximizing tax advantages and financial flexibility.

By including Converse in your will or by making a planned gift you become part of the Miss Gee Legacy Society. The Society is comprised of individuals who, like Miss Gee, support the mission and traditions of Converse.

Our Philanthropy Officers can help you find the best option to bring your love for Converse to life. Our Officers will assist you and your financial advisors in developing a gift plan that meets your financial and philanthropic goals. A properly planned gift may help you reduce or eliminate capital gains and gift and estate taxes. Additionally, you may realize immediate tax savings.

Other benefits of planned giving at Converse include:

  • Life Income Gifts can provide you and/or your loved ones with an income for the duration of your lives or for a specific number of years.
  • Charitable Lead Trusts can be used to transfer assets to a loved one with a significantly reduced tax liability.
  • Real estate, tangible property, and securities can be turned into gifts with immediate tax benefits.
  • Bequests, retirement accounts, and other testamentary gift plans can allow you to make a more substantial gift than you imagined possible.

Naming and Endowment Opportunities

Providing a named endowment to support Converse provides a perpetual source of income for scholarships, faculty support and programming. Endowment assets are invested and each year, a portion of the value of the fund is paid out to support the fund’s purpose with any earnings in excess of this distribution are used to build the fund’s market value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity. It is the most important element in ensuring permanent financial stability for today’s students and for the generations of Converse students to come.

Converse also offers current-use naming opportunities to provide immediate impact.

Need based Scholarship

An endowed, need-based scholarship can provide qualified, admitted students the opportunity to join the Converse community.

Merit Based Scholarship

An endowed, merit-based scholarship provides a young woman with distinctive academic, artistic and/or athletic abilities the opportunity to join the Converse community.

Scholarship: Minimum $25,000

Full Scholarship: Minimum $350,000

Full Scholarship with room & board: Minimum $500,000

Faculty Support

Committed faculty members are core to Converse’s educational mission. Endowed funds for faculty support underwrite professors’ teaching and research projects and can offset start-up costs associated with new faculty appointments. Contributions of any amount may be added to an existing scholarship at any time.

Faculty Support: Minimum $50,000

Professorship: Minimum $1,250,000

Academic Chair: Minimum $2,500,000

Deanship: Minimum $3,000,000

Programming

Many ongoing special and innovative programs are funded by endowments. Research projects, lessons, lectures, guest artists and special series, campus-wide learning activities and more are funded through endowments created by specific ongoing programs.

Programming: Minimum $25,000

For additional information regarding ways to give or giving opportunities at Converse College, please contact Mike Kennedy, Associate Vice President for Philanthropy, at 864.596.9390 or mike.kennedy@converse.edu.