ALWAYS BERRY (HOME) >> GIVING OPPORTUNITIES >> HOW TO GIVE >> PLANNED GIVING >> ASSETS
Securities
A gift of appreciated securities, including stocks or bonds, is an easy way for you to support Berry College and our students. Some of the additional benefits for you include:
- Avoid paying capital gains tax
- Receive a charitable income tax deduction
- Enjoy possible increased income
Email us today for stock transfer delivery instructions.
Real Estate
Appreciated real
property (such as your home, vacation property, vacant land, farmland, ranch or
commercial property) can make a great gift to Berry College.
Here are some of the benefits
you may enjoy:
- Avoid
paying capital gains tax
- Receive
a charitable income tax deduction
- Leave a lasting legacy for Berry students
Your real property may be gifted to Berry College by executing or signing a deed transferring ownership. You may deed part or all of your real property to Berry College. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal. Please contact us if the property you wish to give has existing debt or a mortgage.
Life Insurance
This is a simple way for donors of all ages to make a gift of transformational size. One recent donor found that it would take 83 years of annual gifts to equal the eventual impact of the $50,000 life insurance policy she purchased listing Berry as the beneficiary. Transferring ownership of the policy to the college provides the added benefit of claiming your annual premium payment as a charitable deduction.
Retirement Accounts
A gift of this type can be a smart tax decision for alumni and friends who wish to leave a legacy by designating Berry as a beneficiary of a retirement account, IRA, etc. Though not a planned gift in the traditional sense, an "IRA Rollover" is a popular form of giving for those 70.5 and above that allows you to "rollover" up to $100,000 directly from your IRA to Berry without claiming the transferred assets as income. As an added benefit, rollover gifts can also qualify as your required minimum distribution.
