Alpha Sigma Phi Fraternity
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  • Home
  • FRATERNITY
    • About the Fraternity
    • Awards
    • Board Members
    • Events
    • Fraternity Resources
    • Headquarters
    • History
    • Media
    • Philanthropy
    • Recruitment
    • Responsible Sig
  • FOUNDATION
    • About the Foundation
    • Foundation
    • Guide To Giving
    • Our Endowments
    • Recognition
  • CLVEN
    • CLVEN
    • About CLVEN
    • Our Properties
    • Housing Resources
    • Buildium
  • myAlphaSig
  • Resources
  • Chapters
  • Buildium
  • Shop
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FOUNDATION

PLANNED GIVING

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PLANNED GIFT

The Alpha Sigma Phi Foundation offers several options for our alumni members and supporters to leave a planned gift. Any planned gift option leads to recognition as a member of the Foundation's Manigault Society. If you are interested in learning more, please contact us at tbtm@alphasig.org or by phone at 317-843-1911.

BEQUESTS

Made through a will or living trust. Donors may designate the Alpha Sigma Phi Foundation as the beneficiary of a death-time gift by cash or other assets. Making a bequest enables a donor to make a larger gift without impacting the donor’s financial position during their lifetime.

BENEFICIARY DESIGNATION

The donor names the Alpha Sigma Phi Foundation as a direct or contingent beneficiary of one or more retirement accounts, IRA’s, life insurance policies, annuity contracts or other assets. Because the benefits are paid at death without jeopardizing the donor’s financial security during life, this option allows for a larger or supplemental gift than might be possible during the donor’s life.

LIFE INSURANCE POLICY

During the donor’s life, he assigns an unneeded life insurance policy to the Foundation. If the policy is a “permanent” (not a “term”) policy, the cash value of the donated policy is tax deductible, in addition to any future premiums the donor pays on the Foundation owned policy. The Foundation would be named the owner and beneficiary and will receive the death benefit upon the donor’s death.

BANK ACCOUNTS & CDs

You can name the Alpha Sigma Phi Foundation as the “payable-on-death beneficiary” of your bank accounts (savings or checking) or on any certificates of deposit. Upon your death, the assets will pass directly to the Alpha Sigma Phi Foundation without going through probate. Visit your bank and request a beneficiary on your accounts or CDs. You can change beneficiary designations any time you wish.

CHARITABLE GIFT ANNUITIES

A charitable gift annuity is a simple contract between you and our Foundation. In exchange for your irrevocable gift of cash, securities, or other assets, we agree to pay you a fixed sum each year for life. The older your designated annuitants are at the time of the gift, the greater the fixed amount Alpha Sigma Phi Foundation can agree to pay. In most cases, you may receive an immediate deduction for a portion of the value of the contract and part of each payment may be tax-free, increasing each payment’s after-tax value. Payments may be made annually, semiannually, or quarterly.

ESTATE & PLANNED GIVING RESOURCE GUIDE

Estate Gift Form (pdf)Download
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Alpha Sigma Phi Fraternity

Alpha Sigma Phi Fraternity | 710 Adams Street Carmel, IN 46032 | tbtm@alphasig.org | 317.843.1911

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