Outright Gifts Count, Too
Many donors prefer to make outright gifts to Carleton and the College certainly appreciates receiving funds that can be put to good use right away.
Tax-wise Gifts of Appreciated Assets
Whether you are thinking about a special reunion gift or your regular Alumni Annual Fund contribution, consider giving stock or mutual fund shares that you have owned for more than a year. Outright gifts of long-term capital assets offer a two-fold tax savings. First, you avoid paying capital gains tax on the increased value of your stock or mutual fund shares; and second, your income tax deduction will be based on the full fair market value of the stock or mutual fund on the date of the gift. Subtracting these tax savings from the current value of your gift significantly reduces the cost of supporting Carleton. If you have questions or would like written information on how to make a gift of stock or mutual fund shares to Carleton, call the Development Office.
Give Efficiently by Check or Credit Card
It is also easy to make outright gifts by check or credit card. Gifts by check should be made payable to “Carleton College” and designated by writing “1954 Fiftieth Reunion Fund” on the memo line of the check. If you wish to include your Alumni Annual Fund gift in the same check as your reunion gift, then enclose a note with brief instructions on how you would like your gift allocated. For example, a check for $1,000 could be designated as follows: “I would like $500 to go to the Alumni Annual Fund and $500 to the Class of ’54 Fiftieth Reunion Fund.”
Gifts by credit card can be completed efficiently and safely. Either call Carleton’s Gift Accounting Office at its toll-free number: 800-758-9441, or log on to the College’s secure giving page. If you use Carleton’s Web form, be sure to include information in the box entitled “Message/Additional Instructions,” indicating that your credit card gift should be designated for the Class of ’54 Fiftieth Reunion Fund or divided between the Reunion Fund and the Alumni Annual Fund.
