Match Your Gift to Your Goals
Deciding your goals is the best way to determine which planned giving method will benefit you the most.
Listed below are nine goals common to most contributors:
If your goal is: |
Suggested Options: |
Benefit to you: |
Additional Information on these ways of giving |
To Make an Outright Gift |
Gift of appreciated property creates charitable deduction for full market value and bypasses capital gains tax. Cash remains the simplest form of a gift. |
Maximum income tax deduction and immediate impact on NAU. |
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To Maintain Flexibility and Control |
Charitable bequest of property or a portion of your estate through will or revocable trust reduces potential estate tax. There may be significant tax advantages in a charitable bequest or beneficiary designation of retirement plan assets. |
A revocable gift allows you to maintain control of assets during your lifetime and may reduce estate tax. |
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To Convert Property to Fixed Income |
Gift to an annuity trust or gift annuity can provide you or others with fixed income payments while reducing estate taxes. Annuity trust or gift annuity created with appreciated property can also bypass capital gains tax. |
Immediate income tax savings. Fixed income for life. Current income may be increased. Possible avoidance of capital gains tax. |
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To Convert Property to Variable Income |
Gift to a unitrust made with cash can provide you or others with variable income payments while reducing income and estate tax. Unitrust created with appreciated property can also bypass capital gains tax and provide income to donor. |
Immediate income tax savings. Variable income for life. Current income may be increased. Possible bypass of capital gains tax. |
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To Make a Sizable Gift with a Modest Investment |
A series of smaller outright gifts can be invested and permanently endowed fund which will have a lasting impact on NAU. Gift of life insurance policy allows leverage of premiums into a larger death benefit. |
A small investment can, over time, have a large impact on NAU. |
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To Provide for Heirs (Principal) |
Charitable lead trust makes gifts to benefit NAU for a period of years after which assets can be returned to your heirs at greatly reduced tax cost. Tax savings and possible increased income from life income gift can fund life insurance to replace those assets given to the foundation. |
Benefit NAU and leave assets to heirs with reduced estate and gift taxes. |
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To Provide for Heirs (Income) |
You can arrange a life income gift to provide income to your heirs, either now or only upon your death. |
Provide income to your heirs while you receive tax benefits and control the ultimate use of assets for the benefit of NAU. |
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To Make a Gift of Real Estate |
Make an outright gift for maximum deduction. Make a charitable bequest of real estate to maintain control during your lifetime. Use real estate to fund a unitrust with income for you or others while bypassing capital gains tax. Use life estate gift to gain tax benefit now while continuing to use your home or farm. |
Convert appreciated real estate into suport for NAU and a variety of tax and financial benefits for you. |
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To Make a Gift of Art or Other Items Related to NAU's Mission |
Make an outright gift for immediate benefit of NAU. Make a charitable bequest of property to maintain control during your lifetime. |
Outright gift creates immediate income tax deduction. Estate gift may reduce capital gains and estate taxes. |
University Advancement
PO Box 4094
Building 10, Old Main
Flagstaff, Arizona 86011
Fax: (928)523-8877
Phone: (928)523-2012
Toll Free: (888)628-2586
Advancement@nau.edu