Membership in the Heritage Society enables you to make a meaningful and lasting impact on the students who attend Old Dominion University through a variety of Planned and Deferred Giving options. Heritage Society membership is open to any individual who has made a deferred commitment to the University. Membership is automatically conferred upon the University's receipt of documentation of the gift. The University encourages donors to allow their names to be published in its annual listing of Heritage Society members so that their generosity serves as an example to those who may want to consider similar gifts. However, Old Dominion respects the wishes of members who prefer to remain anonymous.

Deferred gifts provide invaluable benefits to donors by offering flexibility not found in other forms of charitable support. Through planned giving, supporters are able to make larger gifts than would otherwise be possible. A deferred gift may be the only way in which a person can support Old Dominion University. It often will be the largest gift a person makes to the University.

For more details, please contact
Anita Friedmann
Assistant Vice President, Development
757-683-5789

 In addition to wills and trusts, which are the most common ways to make deferred gifts to Old Dominion, other qualifying gifts include:

• Naming Old Dominion as a beneficiary of a life insurance policy or retirement plan;
• Granting Old Dominion a future interest in real estate;
• Entering into one of a number of life income agreements that provide a future gift to the University.

The different ways to make a planned/deferred gift include:

1. Bequests
2. Life Income Gifts such as charitable annuities
3. Charitable Lead Trusts
4. Life Insurance Gifts
5. Retirement Plan Designations
6. Retained Life Estates

Each of these options offers various advantages. Depending on the nature of the gift, potential advantages include:

• Income or estate and gift tax deductions
• Avoidance of capital gains taxes
• Avoidance of income or estate/gift taxes
• Attractive income flow
• Removal of an asset from your taxable estate
• The capacity to direct how the gift will be used
• The personal satisfaction of making a gift to Old Dominion University
• Induction into The Heritage Society