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Annuities
Charitable Gift Annuities
Contracts between the donor and our University,
where you make a donation of cash, securities or property and in
return, we pay you a fixed and guaranteed payment for life. The
amount of the fixed payments is based upon your age and rates
recommended by the American Council on Gift Annuities.
Business
Interests
Proprietorships and Closely Held Stock
If you have spent a lifetime building your
business, wouldn’t it be great to pass it on? A gift of a
proprietorship, or even closely held stock to our University can
result in tax benefits to you, but also provide future
opportunities for our students in the fields of business.
Cash
Checking and Savings Accounts
Gifts of cash are always an excellent way to leave
a legacy for future generations, while decreasing the amount of
money that will be taken from your estate as a result of taxes and
other fees.
Intellectual Property
Patents, Trademarks, Royalties
Gifts of intellectual property are another way to
build a legacy for the next generation. A gift of copyrights,
mortgages, notes, trademarks and patents allow you to receive tax
benefits, while leaving your mark for future generations to share.
Real
Estate
Homes, Vacation Homes and Farms
Gifts of real estate are extremely flexible and can
be made outright, or as part of a trust. Real estate may also be
donated through your will. By retaining a “life estate” in a gift
of real estate, you can receive tax deductions based on the value
of the gift, while you continue to use and enjoy your property
for life, after which, the University will receive your property
as a gift.
Securities
Stocks, Bonds, Mutual Funds
A gifts of securities is another way to make a
lasting gift, while receiving tax benefits and avoiding gift and
estate taxes.
Trusts
Charitable Remainder and Charitable Lead Trusts
Perhaps one of the most powerful of the planned
giving tools is the establishment of either a charitable remainder
or lead trust. Through a
Charitable Remainder Trust,
you can donate assets to a trust, after which the
trustee will sell/invest those assets and make monetary payments
to you for your lifetime, or for a set number of years. At the end
of the trust term, the trust funds will go to our University.
A
Charitable Lead Trust
places your donated assets in a trust, the trustee
sells/invests the funds (capital gains tax free), and then
monetary payments are made to our University for a set number of
years. At the conclusion of the trust term, the remainder will go
to your estate. Under each trust, you, the donor, may receive a
significant income tax deduction based upon the amount of your
gift, and you make a gift that will make a lasting impact on our
University and our students.
Wills
Testamentary Bequests
Through your will, you can leave a certain
percentage of your estate, or a fixed dollar amount, to our
University to establish an endowed school, professorship or
scholarship, or to support a non-endowment account to support our
University’s operating expenses.
For
more information about how you can change lives forever, please
contact:
Kimberly Conway Dumpson, Esquire
Director for Alumni Affairs and
Planned Giving
(410) 651-7686
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