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R.A. Booth Society

The R.A. Booth Society is an expression of appreciation to those individuals who, in the spirit of its namesake, provide for future generations at Willamette University. R.A. Booth Society members have affirmed Willamette’s motto – “not unto ourselves alone are we born” – by establishing planned gifts that benefit the University. These gifts include bequests, gift annuities, charitable trusts, retirement plan designations and life insurance policies.

R.A. Booth Society members share the satisfaction that their contributions will have a lasting impact. They also receive special recognition from the University.

To learn more about the R.A. Booth Society, please contact the Office of Gift Planning at (866) 204-8102 or giftplanning@willamette.edu.

Who was R.A. Booth?

Robert Asbury Booth (1858-1944) is remembered at Willamette for his generosity, commitment, and vision. A successful Oregon businessman and Willamette Trustee, his contagious efforts over four decades were the foundation of Willamette’s endowment.

In 1922 he wrote:

“I am led to the belief that what is placed as permanent endowment for education is the highest contribution that I can make to my fellow man. Nothing less than the best I can do is adequate; anything less will leave a broken track and an incomplete earthly existence.”

His financial and leadership contributions helped shape the positive educational experiences shared by generations of students attending Willamette.

A charitable bequest is one or two sentences in your will or living trust that leave to Willamette University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to Willamette University [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Willamette or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Willamette as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Willamette as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Willamette where you agree to make a gift to Willamette and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.