Franklin Guild
The
Franklin Guild
I want to be useful......
Over two hundred years
ago, Benjamin Franklin made an important decision. He drew his Will and left
charitable bequests of $4,400 each to the cities of Boston and Philadelphia.
In his Will, dated in 1789, Franklin stated “I want to be useful even after
my death”. The funds were to be used to assist young men educate and establish
themselves professionally.
The name and image of
Benjamin Franklin has meant a great deal to our Brotherhood since he was adopted
as our Fraternity’s “patron saint” in 1913. Theta Xi continues to use “Franklin’s
example as one guiding star” because he was such a forward thinker.
Become a member
of The Franklin Guild
The Foundation Board of Trustees established the Franklin Guild
in 1991 to recognize and honor those alumni who provide for Theta Xi’s future
by including a bequest in their Will or establishing some other form of planned
gift to benefit future generations of young men. In order to be recognized for
Franklin Guild membership, just let the Foundation
know that you have provided
for a bequest or other planned gift to Theta Xi Foundation in your estate plan.
Or, contact us to set up a gift annuity or another form of life income gift.
In either case, there is no minimum gift amount.
Sample wordings for a
bequest provision and a Will kit are available on request from the Foundation
Office . All such requests are treated as confidential information.
Bequests and other planned
gift options:
Bequests to Theta Xi Foundation
can be:
• unrestricted
(used for general educational purposes)
• restricted
in use for a particular program (for housing loans, an endowed scholarship,
educational program, etc.)
• restricted
for use by a particular chapter or chapters
Bequests can be in the
form of:
• cash
• owned securities
(stocks, bonds or other investments)
• real-estate
or personal property (works of art, equipment, etc.)
• naming the
Foundation as the primary beneficiary of a life insurance policy
• part of a
life income trust agreement
• the residual
of your estate (what remains after all other loved ones and/or charities have
received their inheritances and/or bequests)
It is suggested that you
consult your attorney or tax counsel to help you make the best decisions regarding
your own estate and your wishes.
In addition to a bequest,
other forms of planned gifts include:
• a gift annuity
• a charitable
trust
• a share of
a life insurance policy
• retirement
plan proceeds
All of these planned gifts,
including a bequest, provide you with tax advantages in addition to the ability
for you to make a larger gift to Theta Xi than might otherwise be possible.
P.O.
Box 411393
St.
Louis, MO 63131
Phone: (800) 783-6294 Ext. 101
david@thetaxi.org
Franklin
Guild Members
