Endowed & Planned Gifts

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Baker University.

The following are benefits of gifts of stocks and bonds:

• You will avoid paying capital gains tax on the sale of appreciated stock.
• You will receive a charitable income tax deduction.
• You will further our mission today.

Make a gift of stocks and bonds by electronic transfer or by certified mail.

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property can make a great gift to Baker University.

The following are benefits of gifts of real estate:

• You avoid paying capital gains tax on the sale of the real estate.
• You will receive a charitable income tax deduction based on the value of the gift.
• You will leave a lasting legacy to Baker University.

Your real property may be given to Baker University by executing or signing a deed transferring ownership. You may deed part or all of your real property to Baker University, and your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.

Donating part or all of your unused retirement assets, such as your IRA, 401(k), pension, or other tax-deferred plan, is an excellent way to make a gift to Baker University.

The following are benefits of gifts of retirement assets:

• You will avoid potential estate tax on retirement assets.
• Your heirs will avoid income tax on retirement assets funded on a pretax basis.
• You will receive potential estate tax savings from an estate tax donation.

To leave your retirement assets to Baker University, you need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate Baker University as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift

A gift of your life insurance policy is an excellent way to make a gift to Baker University. If you have a life insurance policy that has outlasted its original purpose, consider making it a gift to Baker University. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

The following are benefits of gifts of life insurance:

• You will receive a charitable income tax deduction.
• If Baker University retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums.
• If Baker University cashes in the policy, you will be able to see firsthand how your gift supports our work.
• If we retain the policy to maturity or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to us so that we can use the proceeds to further our work.

To make a gift of life insurance, please contact your insurance provider, request a beneficiary designation form from the insurer, and include Baker University as the beneficiary of your policy.