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Legacy Gifts

Legacy gifts or planned giving is a great way to support Kappa Omicron Nu as one of your non-profit organizations of choice. They allow our faithful members a way to preserve their memory and pay forward opportunities and generosity shared with them in their lives. Planned giving provides important income to help KON improve programs for today’s membership and provide more and better resources to those members. These programs are a great way to preserve your legacy, support your honor society, and create opportunities for tomorrow.

Legacy gifts also put you in control. Givers can donate to an established specific scholarship fund or give to the general fund. For assistance in setting up a financial gift, talk to your financial adviser. To confirm tax benefits, talk with your tax consultant.

  • Will and/or trust: By naming KON in your will or trust you can fund your support your honor society into the future, creating leaders of tomorrow.
  • IRA accounts: You don’t have to list KON in your will or trust to give. By naming KON as a beneficiary on your IRA you can still donate. KON gets this money tax-free because we are a non-profit. You can name KON as a recipient by a percentage of the account balance.
  • Non-IRA beneficiary (TOD) accounts: Be it a CD, a savings account, a brokerage account, or some other non-IRA, you can still give to KON. By naming KON as a beneficiary on a non-IRA financial account with a Transfer on Death or TOD. Like an IRA, you can name KON as a recipient by a percentage of the account balance. An IRA or TOD also keeps your money from going through probate – letting your charity of choice get their distribution right away.

 


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