Hartford Seminary

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Legacy Giving

For most people, gifts that benefit others at the time of your death are the largest gifts of a lifetime.   Therefore, such charitable gifts are an opportunity to share something of your legacy and to benefit others for generations into the future.

Legacy gifts can be made in several forms including bequests and planned gifts.  Legacy gifts are critical especially important for Hartford Seminary as we seek to build endowment resources especially to provide scholarships for students and to strengthen support for teaching and research.

Gifts That Cost You Nothing Over Your Lifetime

Bequest graphic boxThere are several ways to support Hartford Seminary that will not affect you and your family during your lifetime.  While making a bequest is the most common way to make a legacy gift, there options that are simple, straightforward and accomplish the same goal.

Bequests (Gifts by Will or Living Trust)

Make a gift of endowment to Hartford Seminary without affecting your cash flow during your lifetime.

Gift of Life Insurance

Make Hartford Seminary the beneficiary of a life insurance policy that you no longer need.

Gift of a Retirement Plan

Your retirement plan or IRA may be worth more when donated to Hartford Seminary than to your heirs.


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Gifts That Pay You Back

“Planned Gifts”, also known as life income gifts, are frequently an important source of retirement income.  Gifts that pay life income have many benefits including dependable income for you and your family, current and future tax savings, and a means to make a generous gift to Hartford Seminary.   As you are planning for retirement or the care of a loved one, life income gifts are a helpful way to meet both your personal and charitable giving goals.

Depending on your situation, there are several different kinds of planned gifts that may meet your needs.

Charitable Gift Annuities

A Gift Annuity’s rate of return is based solely on your age at the time of the gift. Annuities may be funded with cash or appreciated securities, and provide fixed income payments for life to you and/or another person, successively. A significant portion of the income may be tax-free. You may defer income payments to a later date, such as retirement age, which may produce a substantial increase in the rate of return.

Charitable Remainder Trusts

Trusts may be funded with cash, securities or real estate and income payments may be fixed or flexible. The most common type, the Unitrust, is valued annually and the donor is paid a fixed percentage of the value over the following year.

Pooled Income Fund

The Pooled Income Fund is like a mutual fund; it accepts gifts from many donors, manages them, and distributes each gift’s portion of the earnings to the designated one or two life-income beneficiaries, successively.

Hartford Seminary welcomes your inquiries about life income gifts and stands ready to assist you. All inquiries are strictly confidential.  We also strongly advise and encourage donors to always consult with their own attorney or financial advisor as well. For more information, please feel free to contact the Development Office at (860) 509-9520 or send an email to giving@hartsem.edu.

Legacy Society

The Hartford Seminary Legacy Society was created to recognize and thank alumni, family, and friends who have made a bequest or planned gift.  By becoming a Legacy Society member, you join with others who have made the commitment to provide for generations of students and scholars to come.

Bequests and other planned gifts have a profound and lasting impact supporting generations of students as well as teaching, and research.

However you choose to support Hartford Seminary, your membership in the Legacy Society will serve as an inspiration to all who share your vision for Hartford Seminary’s future.

As a Legacy Society member, you will be acknowledged in honor roll listings recognizing your support. You will also be invited to join your fellow members at occasional special events.

Membership in the Legacy Society

You are eligible for membership in the Legacy Society if you have named Hartford Seminary as a beneficiary of your:

  • Will or trust
  • IRA or other retirement plan
  • Life insurance policy
  • Life income or other planned gift (charitable gift annuity, pooled income fund, charitable remainder trust)

To learn more

To learn more about becoming a Legacy Society member, please contact Patrick Byrne at pbyrne@hartsem.edu or 860-509-9520.

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