4 Steps for Planned Giving  

Planned gifts are an expression of love for Pi Beta Phi and are the ultimate gift to ensure the future of our sisterhood. Often, these gifts provide donors with the greatest personal ability to have significant impact, leaving a lasting legacy for future generations of Pi Phis. The Marianne Reid Wild Society honors sisters and friends who have made these commitments. We celebrate these donors every November — and if you’ve included our Foundation in your estate plans, we want to celebrate you, too. If you've included Pi Beta Phi Foundation in your estate plans, now is the time to share your commitment with Pi Phi. 

Are you interested in learning more about planned giving? It is never too early, or too late, to establish your legacy, and planned giving is easier than you might think! Below we outlined four steps to help you get started.  

1. Discuss giving options with Pi Beta Phi Foundation 

Many members know they want to leave a lasting legacy on our sisterhood, but don’t yet know how. The great news is – you don’t need to have all the answers! Pi Beta Phi Foundation staff can provide guidance and insights to find a giving plan that will work best for you.  

2. Designate the area of impact  

Once you’ve determined your gift amount, you should consider how you want your gift  designated. Designating your gift allows you to personalize the impact your gift will have for  generations to come. Are you interested in establishing a scholarship to help members achieve  their academic goals? Do you want to support Pi Phi’s areas of greatest need with a gift to The  Friendship Fund? Foundation staff can talk through areas of support you feel most passionate  about to create a planned giving strategy that matches your priorities. 

3. Discuss the type of asset and amount 

When it comes time to plan your gift, there are many things to consider. Will you gift a dollar amount or a percentage of your estate? Will you make a cash bequest or gift specific assets? While planned giving is commonly associated with cash bequests, there are many different ways to make a legacy gift. Some options include assets such as a life insurance policy, an IRA account or a charitable trust. Your estate may be larger than you think and non-cash assets like those listed above are often a significant part of your wealth.  

4. Share your giving commitment  

Whether it be your estate lawyer or a financial advisor, you’ll want to be sure all stakeholders are brought along in the process. Once you’ve determined your planned gift, submit a Planned Giving Form to our Foundation staff. Have you already made a commitment? Let us know at pibetaphi.org/planned-gifts

Have questions? We’re here to help! Contact our Foundation to talk through your estate plans and determine the legacy you want to leave with Pi Beta Phi.

Published November 18, 2021