A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities. The new – and higher – annuity rates announced may make this gift a perfect fit for you.
A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets, and benefit STU.
Sample bequest language is offered below for your legal counsel’s consideration in preparing your will or trust.
While you may transfer many of your assets through your will or living trust, a document called a beneficiary designation controls distribution of your retirement plans, life insurance policies, commercial annuities and a variety of financial accounts.
Donate your home, farm or a second home to STU and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes. If you cannot use your entire deduction in the year of your gift, you may carry forward all unused deduction for up to five additional years if you are able to itemize in each of those years.
Receive immediate cash and make a gift to St. Thomas University by selling to us a valuable asset, such as real estate, for less than it is worth.
The planned gift that is best for you depends on your goals for the gift. We’ve created a chart that lets you compare the characteristics of your choice of gift plans.