Making an Impact With Your Philanthropy at Brooklyn Law School

outside front view of Brooklyn Law School with hanging banners

The fundamental mission of Brooklyn Law School is to provide talented students with access to the transformative power of a world-class legal education. Realizing this vision is possible only through the generosity of friends and supporters like you, who make a profound difference in the lives of our students and ensure the success of Brooklyn Law School. Your gifts to fund scholarships, faculty excellence, innovative academic programs, and life-changing clinics enable the Law School to recruit and retain top-tier faculty. Below are some examples of the ways donors choose to make an impact on some of the Law School’s highest funding priorities. Thank you for considering how you can make a difference with your philanthropic investment in Brooklyn Law School.

Scholarship Support

By establishing a named scholarship, alumni and friends can provide potentially life-changing support for Brooklyn Law School students, either in their own name or to honor a loved one.

You may consider one of the following options to create a named scholarship:

Opportunity Scholarships

Opportunity Scholarships make an immediate impact by providing critical funds to open the doors of a Brooklyn Law School education to talented students, regardless of their capacity to pay. These scholarships are often what make the financial difference in a student’s ability to follow their dreams of a career in law at Brooklyn Law School. Funds donated for Opportunity Scholarships are used entirely for student support until they are exhausted or renewed by additional gifts.

A minimum commitment of $15,000 is required to establish an Opportunity Scholarship, which can be paid in annual installments over a period of up to three years.

Impact Scholarships

Impact Scholarships create an opportunity to target scholarship support in a variety of ways, including on the basis of financial need, academic merit, or both, or for students focusing on a particular field such as a career in public service. Impact Scholarships can also be used to benefit a number of students or concentrated to provide larger financial support for a single student, depending on the donor’s preferred impact. All funds donated are used entirely for scholarship support until they are exhausted or renewed by additional gifts.

A minimum commitment of $100,000 is required to establish an Impact Scholarship, which can be paid in annual installments over a period of up to five years.

Endowed Scholarships

Endowed Scholarships are an exceptional way to provide an enduring and reliable source of scholarship support in perpetuity. Strategically invested to provide growing support in future years, they provide a uniquely meaningful legacy of support in your own name, or to honor a loved one. As with Impact Scholarships, Endowed Scholarships can direct support on the basis of a student’s academic merit, financial need, or interest in a particular legal field.

A minimum commitment of $250,000 is required to establish an Endowed Scholarship, which can be paid in annual installments over a period of up to five years.

Faculty Support

By establishing a named professorship, alumni and friends help Brooklyn Law School recruit and retain ambitious, high-impact faculty, raising the school’s national standing and ensuring that students benefit from the very best teacher-scholars. Endowed professorships can be named to honor a donor or a loved one and can be directed either to support outstanding faculty in a given field or a given clinic.

Physical Spaces

At Brooklyn Law School, numerous spaces are available to be named at a broad range of gift levels. Some examples of available spaces include moot court seats, study carrels, classrooms, conference rooms, libraries, and lecture halls. Naming gifts for these spaces provide an opportunity to create a legacy for yourself or for a loved one, while also providing a vital source of flexible funding for the Law School.

Planned Giving – Creating a Legacy

Often, donors choose to support the mission of Brooklyn Law School by making a planned gift — which can be an excellent solution for those wishing to achieve certain philanthropic goals, as well as personal, financial, and estate-planning objectives.

There are various ways to make a planned gift that may be customized to suit different situations, including some commitments that cost nothing to make today, and others that may provide significant tax benefits during your lifetime, provide an income to you, or offer estate tax benefits. These include gifts through your will; making the Law School a beneficiary of your tax-deferred retirement account; and making transfer-on-death gifts from your savings account or brokerage account. In many cases, taking advantage of one of these gift-planning vehicles also maximizes the impact of your philanthropy at Brooklyn Law School by increasing the size of your gift.

A commitment at any level is tax deductible and can be made through an outright gift of cash, stock, a documented bequest commitment, a pledge with multi-year installments, or any combination of the above. Depending on your particular circumstances, there may also be opportunities to leverage tax strategies to maximize your intended philanthropic impact.

www.brooklaw.edu

To learn more about these and other opportunities, contact: Kamille James Ogunwolu, Interim Chief Advancement Officer kamille.james@brooklaw.edu or 718-780-0399

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