Holloway Society

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Would you like to leave your own legacy at Salisbury University?

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Planned Giving at Salisbury University

The Holloway Society was established in memory of Salisbury University’s heritage and founding President, William J. Holloway, and honors those who have already made planned gift provisions for the University. As we look to the future, there are a number of opportunities for members of the Salisbury community to join the Holloway Society and to help build the Salisbury University Foundation, Inc.’s endowment through tax deductible gift arrangements.

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Planned Giving Opportunities


The simplest and most traditional way is through a bequest under your will, either as a specific sum, a specific percentage of your estate, or the rest and remainder of your estate after debts, taxes, expenses, and specific bequests to your heirs.

In addition, there are a number of instruments you could utilize to benefit you and your family, as well as Salisbury University. With many of these vehicles, you can have the fun and satisfaction of seeing your gift go to work for you and for Salisbury University within a very short time.

Charitable Gift Annuity

A charitable gift annuity is a simple contract between you and the Salisbury University Foundation, Inc. that offers a tax-advantaged way to provide for income during retirement. In the future your gift will provide support for Salisbury’s mission. You can begin to receive income right away, or at a predetermined future date. You also can decide when the income payments begin within a future time frame, determined when you make your gift. In any case, your income is taxed at a favorable blended rate.

Charitable Remainder Trust

You might consider a charitable remainder trust with the Salisbury University Foundation, Inc. as the beneficiary. A charitable remainder trust is created when you irrevocably transfer cash, securities, or other property to a trustee, who may be yourself, the school, a bank, or another individual. This trust provides you with income during your lifetime. Upon termination of the trust, the principal would pass on to the Salisbury University Foundation, Inc.

Charitable Lead Trust

A charitable lead trust might be the appropriate vehicle for you. A charitable lead trust provides for the payment of income to Salisbury and /or charitable beneficiaries selected by you for a period of years. Upon the expiration of the trust, the remainder reverts to you or to members of your family, as you choose.

Other Planned Giving Options

You might also consider naming the Salisbury University Foundation, Inc. a beneficiary of the remainder of a pension fund or an IRA; transferring ownership of a life insurance policy to the Salisbury University Foundation, Inc.; or donating art, a home, or other property to the school.

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We hope you will include Salisbury University when you are considering your lifelong financial planning priorities.

If you would like to talk further about these opportunities, please contact the Assistant Vice President for Development and Alumni Relations, Jason E. Curtin ‘98 (410-543-6176 or at any time.

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