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Gifts in Kind
Gifts-in-kind are donated tangible and intangible assets and
property. Examples include real estate, artwork, limited
partnerships interest, equipment, books, inventory, royalty or
copyright interests, notes and mortgages, and other physical
assets that represent value to the University.
Corporate Matching Gifts
Many donors can have their gifts to NSU matched through their
employer’s Corporate Matching Gift program. More than 1,000
companies throughout the country have a matching gift program
that matches their employees’ gifts to educational
institutions.
Most companies will match an employee’s gift on a 1-to-1
basis, but some companies provide a 3-to-1 match.
Some companies will even match gifts made by retired
employees, spouses of active or retired employees, widows or
widowers of retired employees, and non-employee directors of
the company. Check with your company’s human resources
department to see if your gift to NSU can be matched.
Gifts That Give Back to You
Charitable Gift Annuity
A charitable gift annuity is a simple contract between you and
a charitable organization that pays you a fixed dollar amount
(an annuity) for your lifetime and that of another individual,
if desired, based upon your age (s) at the time o your gift.
The older you are, the higher the annuity. If you use
appreciated property, such as stocks, to fund the gift
annuity, you will escape the capital gains tax on the gift
portion of the transaction and the remaining gain will be
apportioned over your lifetime. This is a wonderful way to
increase income from stocks that pay small dividends and carry
heavy capital gains.
A Deferred Charitable Gift Annuity
A deferred charitable gift annuity offers current tan benefits
but delays the income until you reach a specified age. In
exchange for agreeing to defer your income for a period of
time, you will receive a higher interest rate, depending on
your age and length of the deferral period. If you are
considering a gift annuity, but do not need the income
immediately, you may wish to compare the benefits of a
deferred gift annuity to determine which method is most
advantageous.
Another variation is the flexible deferred charitable gift
annuity. With this plan, you do not have to choose a date to
begin payments in advance. You can elect to wait a period no
sooner than 10 years, but no more than 20 years. With this
plan, however, the charitable deduction is determined by the
payout’s lowest possible starting date, which would be a
minimum of 10 years.
Pooled income fund
A pooled income fund is a common trust fund established and
maintained by a charitable organization to receive
contributions from many individual donors. The donors to the
fund retain an income interest in the fund for their
lifetimes. The payout to income beneficiaries is determined by
the interest and dividends earned by the fund each year.
A charitable remainder annuity trust (CRAT)
A charitable remainder trust is a trust that will pay the
donor (and one or more other named beneficiaries, if desired)
a specified annuity income either for life or for a period of
time not to exceed 20 years.
A charitable remainder unitrust or CRUT has many of the same
attributes as CRAT, but with more flexibility and planning
opportunities.
For more information on other types of gifts contact Chris
Maggio at 318-357-4414 or
maggioc@nsula.edu.
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Northwestern State
University Office of Alumni and Development
535 University Parkway | Natchitoches, LA 71497
Phone (318) 357-4414 or Toll Free (888) 799-6486 |
