Legacy giving enables you to support important causes beyond your lifetime, ensuring that your vision for a better world continues. Thoughtful legacy gifts allow you to influence the future and leave a lasting mark on future generations.
What Is Legacy Giving?
Legacy giving, also known as planned giving, involves integrating a charitable gift into your estate planning. This form of giving is not just an act of generosity; it is a strategic approach to aligning your philanthropic passions with your financial goals. Through instruments like wills, trusts, and annuities, you can arrange for substantial gifts to be made after your lifetime, ensuring continued support for your chosen causes.
At the National University of Singapore (NUS), legacy gifts allow you to contribute to the University’s long-term success and stability. it is about ensuring that your values live on, making a lasting impact that echoes through the corridors of time.
Why Is Legacy Giving Important?
Legacy giving ensures that your philanthropic impact endures, creating lasting benefits for future generations. These benefits include:
Empowering Social Mobility
By leaving a legacy gift, you can play a pivotal role in empowering social mobility. Funds directed towards scholarships or education programmes can remove financial barriers for talented students, who might otherwise be unable to afford higher education. At NUS, such gifts have enabled countless students to rise above their socioeconomic constraints, fulfilling their potential and contributing positively to society. Your legacy can be the beacon of hope that lights the way for future generations, allowing them to achieve dreams that might have once seemed out of reach.
Promote Gender Equality
Legacy gifts can also be targeted to support specific causes, such as gender equality initiatives. By funding programmes that address gender disparities in education and leadership, legacy donors can help ensure equal opportunities for all. This can include supporting women’s leadership programmes, research in gender studies, or scholarships specifically for women in underrepresented fields. Through your gift, you can help dismantle barriers and create a more equitable world where everyone has the chance to succeed.
Establish a Sustainable Future
Investing in education through legacy giving creates a powerful ripple effect and shapes a sustainable future. By supporting NUS, you’re not only empowering today’s students but also inspiring them to become tomorrow’s innovators, leaders, and philanthropists in Singapore. Your gift can ignite a cycle of generosity, where beneficiaries of your legacy continue to give back, fostering continuous progress.
Moreover, your legacy can drive breakthroughs in sustainable technologies, environmental conservation, and social justice. By funding research and educational initiatives, you help address global challenges and create lasting solutions. This enduring impact ensures that your commitment to a sustainable future lives on, inspiring positive change and innovation for generations to come.
How to Leave a Legacy
Leaving a lasting impact at NUS can be achieved through several methods, each allowing donors to fulfil their charitable goals:
- Named Scholarship: You can start a university scholarship in Singapore in your name or in honour of someone else, creating a lasting education legacy. This allows you to directly support the education journeys of future leaders and innovators, aligning your legacy with the empowerment of youth and the pursuit of excellence in education.
- Charitable Bequest: Including NUS in your will or trust through a charitable bequest is a straightforward way to make a significant impact without affecting your finances during your lifetime. This method ensures that your commitment to education and research continues, supporting NUS in advancing its mission to transform lives and serve society.
- Endowed Funds: Establishing an endowed fund is another impactful way to leave a legacy. Endowments provide perpetual support to NUS by using the interest generated from the principal gift to fund scholarships, research, or specific programmes.
While named scholarships and endowed funds are not forms of planned giving, they still provide ways to create lasting educational legacies at NUS. These options ensure that the impact of your generosity endures, continually benefiting students and the university community.
By choosing to leave a legacy gift, you ensure that your values and vision for a better world continue to thrive through the work of NUS. Your contribution can create opportunities, drive innovation, and empower future generations to achieve greatness. Join us in making a lasting impact — leave a legacy with NUS today and create a cycle of impacting lives!
