Consider this: You can make a difference at Herron School of Art and Design today without spending your cash resources. If you care about Herron and those it serves, there are ways for you to touch the lives of others—today and in the future.
Herron is pleased to formally establish the Herron Legacy Society—the school’s planned giving society recognizing the generous individuals of our community and beyond who have remembered Herron with charitable estate or deferred gifts.
It’s a surprising statistic: Less than 10 percent of America’s donors’ assets are in spendable cash. Yet many don’t realize that there are several ways to be philanthropic outside of gifts of cash. That’s why support to the Herron Legacy Society allows you to take care of your loved ones and the causes most important to you.
You don't have to be a certain age or extremely wealthy
Whether you think of yourself as wealthy or poor, or somewhere in between, your gift can make a difference. Even a small amount can have a big impact over time. If you value Herron, there are ways for you to leave a legacy that will forever support what’s important to you. Most of all, your generosity will continue to touch the lives of others. All you need is a plan and Herron’s development staff can help.
Philanthropy has always been important to Herron
In May of 1895, Mr. John Herron’s philanthropic legacy provided the funds for what we now know as Herron School of Art and Design. Through his bequest of $200,000 he established what is now Indiana’s only professional school of art and design which proudly serves approximately 850 undergraduate and graduate students from around the world. Just imagine if his bequest would not have transpired.
Philanthropist Ruth Lilly, alumnus and professor emeritus Robert Berkshire, alumna Doris Brinkman, James Esamann and community leaders Frank and Katrina Basile each remembered the impact Herron had on their lives and named Herron as a beneficiary of their estate. Learn more about:
Herron continues to keep the legacies of its donors alive through endowed scholarship funds as well as other endowed programs. Two of the earliest endowed scholarship funds are the Mary A. Dye Scholarship and the Cornelia McKay Scholarship, both established in 1920. Learn more about Herron's scholarships
We want to celebrate with you…today!
A legacy gift is an important decision and is cause for celebration. Herron’s staff and faculty look forward to learning about your philanthropic plans so that your generosity can be recognized during your lifetime. Herron will make it a priority to show you how your generosity will make a difference. As always, your support may be given anonymously, or recognized through the Herron Legacy Society. Simply notify Herron’s development staff about your philanthropic plans.
How do you get started?
Think beyond cash gifts made today. Herron can be named as a beneficiary of the asset you choose. You may decide to endow a favorite program, create a professorship or give unrestricted support to help provide resources the school can use to seize its greatest opportunities.
Some ways to create your Herron Legacy:
- Create a bequest to Herron in your will
Bequest language: “We/I give, devise and bequeath the (sum of/percentage/residue of my estate) to Indiana University Foundation, a not-for-profit corporation with principal offices located in Bloomington, Indiana to benefit Herron School of Art and Design located on the campus of IUPUI, Indianapolis.”
- Make Herron a beneficiary of your 401(k) or 403(b)
- Turn an unneeded life insurance policy into a useful asset
- Establish a charitable gift annuity to provide for Herron and your loved ones
As a professional school of Indiana University, Herron works closely with the IU Foundation as it stewards and maintains your gift. To learn more about other types of gifts and various ways to give visit IUF’s website.
To learn more about leaving a legacy at Herron School of Art and Design, contact Kim Hodges at (317) 278-9472 or firstname.lastname@example.org or Glennda McGann at (317) 278-9477 or email@example.com