Gift Planning Benefits of Planned Gifts By making a planned gift, you can make a significant gift to the Collegeville Institute and gain financial tax benefits for you and your family. There are several types of gifts that pay income to you and your family and then help the Collegeville Institute. Gifts from Wills and Trusts The lasting impact of bequests—both large and small—has helped shape the Collegeville Institute. A charitable bequest in your will or trust is the easiest and best way to make a gift to the Collegeville Institute. By means of your will or other estate plan, you can name the Collegeville Institute as a beneficiary of a portion of your estate plan, or of specific assets in your estate. Many of the most powerful gifts with an enduring impact have been bequests. How to Make A Bequest Following is sample language for a bequest to the Collegeville Institute: “I give (_dollars or _percent of the residue of my estate) to the Collegeville Institute (for its general purposes) or (for the benefit of the endowment or a specific program).” Charitable Annuity A charitable gift annuity (CGA) provides guaranteed payment to you and your beneficiaries age 65 or older for the payee’s lifetime. The remainder then goes to support the Collegeville Institute programs of your choice. Gifts from your Traditional IRA Current tax law now affords the opportunity for those who are 70 ½ or older to give up to $100K per year to the Collegeville Institute through the IRA Charitable Rollover, also known as a Qualified Charitable Distribution (QCD). For more information please contact Amy Fistler, Director of Development at afistler001@CollegevilleInstitute.org or 651-353-6941. The Collegeville Institute Federal Tax ID is 41-6057644.
