OVERVIEW
The Lawn Society, established in 1975 by the University's fifth president, Frank L. Hereford Jr. (Col ’43, Grad Arts & Sciences ’47), celebrates UVA's leading benefactors. Lifetime membership in the Lawn Society is extended to those who have made cumulative gifts of $500,000 or more in support of UVA.
MEMBERSHIP CRITERIA
Gifts qualifying donors for membership may be either undesignated or designated for a particular purpose. Qualifying gifts include:
- Cash, including matching gifts
- Securities or other appreciated assets
- Gifts in kind, including real estate, with value substantiated by appraisal
- Irrevocable planned gifts, including funded charitable remainder trusts, charitable lead trusts, and charitable gift annuities
- Documented estate planning gifts made through a will, revocable trust, or beneficiary designation
- Fully paid life insurance policies with the University as the beneficiary (based on cash surrender value)
- Gifts made by family members from family foundations or closely held corporations
