Commitment to Education: Waller Horsley Former U.Va. Board of Visitors' member Waller H. Horsley (College '53, Law '59) has generously contributed his time and expertise to numerous University programs over the years. Through the Pension Protection Act, he was able to directly transfer funds from his IRA to the University and provide unrestricted support to the College and the School of Law. "I have a strong desire to give someone else the same opportunity I had to get a good education."
A growing number of alumni and friends choose to support the University of Virginia through financial or estate planning. This process is known as "gift planning" and the gifts are referred to as "planned gifts."
Planned Gifts may be of three types:
Plans from your estate
Bequests are gifts you establish through your estate plans. These plans include:
Plans that pay you an income
You make a gift to the University and receive income for your life or for the lives of the beneficiaries you choose. These plans include:
Plans that help the University now and your family later The University uses the income from a gift you make for a specified period of time, and then returns the remainder to you or your heirs. This plan is called a