Frequently Asked Questions?
How can I accomplish my goals?
- I want to give a cash gift which immediately benefits AU.
- What is a planned gift?
- I have stock, real estate or other personal property which has appreciated in value. Can I save capital gains tax and benefit Anderson University?
- I have closely held stock in a family business. Can I use this as a gift?
- Are there ways I make a gift to Anderson University without significantly reducing my present life income?
- How can my life insurance policy or pension plan benefit Anderson University and still help my heirs or loved ones?
- How do I include Anderson University in my will?
- Are only people with large estates able to do something for AU in their will?
- How will Anderson University use my gift?
- There are so many things to consider when making a gift. Do you have a graph or chart that will help me gain a clear picture of giving options and the resulting benefits?
- Can someone contact me about my questions?
I want to give a cash gift which immediately benefits AU.
"Cash" gifts are gifts made to Anderson University by credit card or check. Once we receive these gifts we can put them to immediate use for students. Cash gifts can be made at any time, by either mailing your gift to us or by using our online gifting service.- For online gifting, simply click on this "Making a Gift Online" link.
- You may mail your gift to us at the:
Development Office
Anderson University
1100 East Fifth Street
Anderson, Indiana, 46012
What is a planned gift?
A planned gift is simply a gift that is carefully crafted and implements tax-wise solutions that allow you to meet your personal financial goals while making a significant gift to support Anderson University students.Frequently our friends will say, "I love Anderson University and I am doing all that I can today to support our students. Someday I hope to be able to make a much more substantial gift." Almost in the next breath we hear, "But, considering my current circumstances and obligations, I don't know when or how I will be able to do that. How do others accomplish their dream of making a larger gift to support AU?"
There is no simple answer to this question, but certainly you may be pleasantly surprised to learn that through thoughtful analysis of your own personal financial resources and goals and careful use of tax-wise gifting strategies, you can make a much larger financial gift to support AU.
Both your needs and the tax laws are changing all the time. We would be happy to help you meet your goals. Ask us to contact you about Planned Gifts by clicking on this link or learn more about creative gifting options by visiting "Specific Tools for Making a Gift."
I have stock, real estate or other personal property which has appreciated in value. Can I save capital gains tax, and benefit Anderson University?
The answer to this question is yes. Giving gifts of greatly appreciated property (stocks, real estate, and other specific properties) can have tremendous tax advantages to the donor. Ask us to contact you about the benefits of making a gift of greatly appreciated property, or visit the following AU Web pages:I have closely held stock in a family business. Can I use this as a gift?
Yes, in many cases you can make a gift of closely held stock. There are a number of things to be considered by you and the university before completing such a gift. Ask us to contact you about gifts of Closely Held Stock, and visit the information in "Closely Held Stock."Are there ways I can make a gift to Anderson University without significantly reducing my present life income?
Yes, there are ways to make a significant gift to AU, using your current assets without significantly reducing your present income. In some cases, you can structure a gift to AU that provides you or your designee with additional life income in return. Ask us to contact you about Life Income gifts, or visit "Life Income Gifts - Gifts that give back."How can my life insurance policy or pension plan benefit Anderson University and still help my heirs or loved ones?
Most people own a life insurance policy as protection for their loved ones upon their death. A life insurance policy can also be used to make a gift to Anderson University, or it can be used to replace another asset you may have given to the university. A donor can make the university a beneficiary or the owner of a life insurance policy. The tax benefits and the rules that govern these options are fairly straightforward.Some friends have chosen to use a life insurance policy as a way of "replacing" another asset they have given to the university. A donor can use tax savings funds they have given to the university to pay for the premiums on a life insurance policy. The life insurance policy's value should be equal to or nearly equal to the value of the asset / gift they have already given to AU. In this way, the life insurance policy will replace the wealth / benefit to the donor's heirs.
Most of us have planned and saved for the future through our pension plans. Did you know that the gifting of your pension plan upon your death could have significantly positive tax implications on your estate? Contact us for information on how a pension plan gift makes good tax sense by visiting "Pension Plan Gifts."
