Goals and Benefits
For Giving to BJU
| Your Goals | Your Strategy | Your Benefits |
| Make a gift for Bob Jones University’s future that doesn’t affect your cash flow or portfolio now | Put a bequest in your will (cash, specific property, or a share of the estate residue) |
Today — a gift that costs you and your family nothing
Tomorrow — an estate tax deduction |
For Giving to Entities Friendly to BJU*
| Your Goals | Your Strategy | Your Benefits |
| Maximize your deduction; minimize the gift details | Use cash to make your gifts | Claim your deduction against a larger portion of your adjusted gross income, and make an immediate impact |
| Afford a larger gift — and avoid capital gains liability | Give appreciated securities or bonds held over one year | Buy low and give high — while avoiding capital gains tax |
| Retain income benefits from the assets you give — and thus afford a larger gift | Create a charitable gift annuity or a charitable remainder unitrust or annuity trust | Receive income for your lifetime; receive a charitable deduction; diversify your holdings |
| Reduce high tax liability now; gain additional income later | Establish a deferred gift annuity | A larger deduction and a higher income rate than our other life-income gifts offer |
| Tap one of the most valuable assets in your portfolio to make a gift | Use real estate to make your gift | Avoid capital gains tax, receive an income tax deduction — and have the option of a gift that doesn’t affect your lifestyle |
| Reduce gift and estate taxes and control the timing of passing assets to your children and grandchildren | Create a charitable lead trust which supports programs for a fixed, finite period with the principal going to your heirs | Reduce gift and estate taxes, and freeze the taxable value of growing assets before they pass to your family |
| Locate an overlooked asset that you can easily give | Name the entity as beneficiary of your retirement plan, leave other assets to family | Eliminate income tax on retirement plan assets; free up other property to pass to your heirs |
| Make an endowment gift from income rather than capital | Create a new life insurance policy, or donate a paid-up policy whose coverage you no longer need | Increase your ability to make a significant gift |
*BJU does not qualify as a 501(c)(3) tax-exempt organization, and gifts to it may not be deducted for federal income, gift, or estate tax purposes. The BJU M&G, MSF, HAF, DNSF, S&E Endowment Fund and GFA are all 501(c)(3) tax-exempt organizations, and gifts to these organizations may be deducted for federal income, gift, or estate tax purposes.
Planned Giving content © 2006 VirtualGiving
