Rosemont College

The Cornelian Associate Society

The Cornelian Associate Society is a distinguished group of friends, parents and alumni who have provided for Rosemont College through their estate planning. Today, Rosemont College is pleased to have over 75 Cornelian Associates. Generations from now, Rosemont College and the students it serves will benefit from the foresight and generosity of these donors. Their intentions will benefit the College and build strength that will help Rosemont plan for its' future challenges and opportunities.

Through Rosemont College's planned giving program you have the opportunity to make a lasting gift to the College even if your current resources do not permit you to make an immediate gift of the size and significance you would like. As a Cornelian Associate, you may select the allocation of your deferred support. Every gift is invaluable to Rosemont College's future and will have a direct impact on the quality and character of the College.

For more information on how to include Rosemont in your will, please contact Christyn Moran, Vice President for College Relations at 610-527-0200, extension 2216 or via email at christyn@rosemont.edu.

Cornelian Associate downloadable form

Listed below are planned giving options available which enable you to make a significant gift to help ensure Rosemont's future and add to the financial strength of the College. In some instances, while realizing certain tax advantages, you will also be able to produce income for yourself and your heirs.

It is important to obtain the advice and assistance of an attorney or other professional advisor in arranging for a planned gift to Rosemont College.

Gifts of Real Estate
Real estate, such as a piece of land, a house, or a farm, may be given outright to the College. Rosemont will then sell the property and use the proceeds immediately. A donor may chose to donate a home but retain the right to live in it during her or his lifetime. This type of gift provides the donor with an immediate charitable deduction and may also allow her or him to claim deductions throughout her or his lifetime on maintenance costs for the property.

Life Income Plans
Several life income plans are available to the donor who wishes to make a significant gift but cannot relinquish current income. These plans require an irrevocable decision to give and can create income tax relief for the donor as well as a potential reduction of estate and inheritance taxes. Donors may actually increase their income through careful planning of a life income gift. These plans include the Pooled Life Income, A Charitable Remainder Unitrust, and a Charitable Remainder Annuity Trust.

Bequest
Cash, securities, or other assets may be left to the College through your will. If you are creating a new will or updating an existing will, simple language can be inserted that will prompt a bequest to Rosemont. If you already have a will, Rosemont can be included by means of a simple rider without needing to redraft the document. Sample bequest language is available through the Development Office.

Life Insurance
Life Insurance is usually purchased for the protection of one's family to minimize financial loss caused by the death of a family member. As one ages or becomes more financially secure, the need for life insurance decreases. Many alumni and friends are discovering that gift of life insurance to Rosemont can become a very meaningful gift.