50th Reunion Gift Types

Outright Gifts

  • Cash

    Benefits

    Simple to make

    Donor receives maximum charitable income tax deduction

    A gift Carleton can use today

    Planning Tips

    If your credit card gives you benefits (such as frequent flyer miles or cash back), and you don’t carry a balance on your card, making a gift to Carleton via credit card can earn you extra rewards.

  • Stock or mutual fund shares

    Benefits

    Can be used to remove an appreciated, but underperforming, asset from a portfolio

    Donor receives maximum charitable income tax deduction

    Donor avoids paying capital gains tax

    A gift Carleton can use today

    Planning Tips

    Trying to decide between a gift of cash and a gift of stock? Consider this an opportunity to diversify your portfolio: Give stock to Carleton, then use the cash you saved to buy into a different stock.

    Is your real estate more appreciated than your stock these days? A charitable gift of real estate can offer the same benefits as stock.

Life Income Gifts

  • Charitable gift annuity

    Benefits

    Creates a guaranteed source of fixed income

    Donor receives a charitable income tax deduction for a portion of the gift value

    The remainder of the gift can be used by Carleton after the death of the annuitants

    Planning Tips

    Can be funded with cash, stock, or mutual fund shares

    To receive a higher payout rate and charitable deduction, make a gift today, but defer your first payment until later.

    Suggested gift minimum: $10,000

  • Charitable remainder unitrust

    Benefits

    Donor creates a variable stream of income, with a potential hedge against inflation

    Donor receives a charitable income tax deduction for a portion of the gift value

    The remainder of the gift can be used by Carleton after the death of the income beneficiaries

    Planning Tips

    Can be funded with cash, stock, mutual fund shares, or real estate

    Can be used to simplify asset management

    Can be used to benefit multiple charities

    Suggested gift minimum: $100,000

Estate Gifts

  • Will or trust provision

    Benefits

    Donor makes a commitment to Carleton today with little or no impact on current cash flow or investments

    Donor retains maximum flexibility and asset control

    Planning Tips

    Gifts expressed as a percentage (e.g. “20% of the residue of my estate”) allow donors to maintain the same relative gifts to heirs and charities, regardless of changes in estate value.

  • Retirement plan provision

    Benefits

    Donor makes a commitment today with little or no impact on current cash flow or investments

    Donor retains maximum flexibility and asset control

    Donor maximizes inheritance preserved for heirs

    Planning Tips

    Gifts expressed as a percentage (e.g. “20% of my IRA”) allow donors to maintain the same relative gifts to heirs and charities, regardless of changes in account value.

Other Opportunities

  • Retained life estate

    Donor deeds a home or farm to Carleton today, but retains the right to use the property for life.

    Benefits

    Donor receives a current charitable income tax deduction

    Donor continues to use the property during life

    After the donor’s death, Carleton receives the property

    Planning Tips

    Real estate that is unencumbered by a mortgage is the best choice for a charitable gift.

  • Charitable lead trust

    Donor irrevocably transfers assets to a trust, which pays income to Carleton for its term. When the trust term ends, the assets are passed along to heirs.

    Benefits

    Donor creates a stream of income for Carleton

    At the end of the term of the trust, the remaining assets are transferred to heirs

    Can reduce estate taxes

    Helps donor time inheritances

    Planning Tips

    These types of trusts are complex. For best results, discuss this option with your tax attorney and financial planner.