Outright Gift of Appreciated Assets
Receive a Tax Deduction for Using These as Gifts
Assets that have increased in value and been held for more than one year are one of the most popular gifts to give when donors want to make a lasting impact at Albion College while realizing important benefits for themselves.
When you donate appreciated assets you have held more than one year to us in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the assets at the time of the transfer.
Appreciated assets are most often used to support our work in the form of:
An outright gift. When you donate appreciated assets to Albion College, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A donor advised fund.
- A memorial gift.
- An endowed gift.
- A charitable gift annuity.
- A charitable remainder trust.
- A charitable lead trust.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.
- Contact Steve Oursler, CEP at 517/629-0897 or firstname.lastname@example.org for additional information on appreciated securities.
- Seek the advice of your financial or legal advisor.
- If you include Albion College in your plans, please use our legal name and federal tax ID.
Legal Name: Albion College
Address: 611 East Porter Street, Albion, MI 49224
Federal Tax ID Number: Please contact us for our federal tax ID number.