It Begins with YOULegacy Society

 The Anna Maria Legacy Society was established to honor those individuals who strengthen the future of the College through their estate plans. Anna Maria is delighted to recognize alumni, parents, and friends who want to provide opportunities for future generations by including Anna Maria in their will or by establishing a planned gift. These long-term arrangements are crucial to the growth and development of the College.

Your investment in the College’s mission and in the educational pursuits of its students strengthens every aspect of the Anna Maria experience. The academic offerings, professional focus, internships, and culture of faith and caring all enable students to pursue their passions and educate them to become individuals who will transform their world as ethical leaders and community-oriented professionals. Your visionary planning provides a legacy of leadership for Anna Maria’s future. 

 

TYPES OF PLANNED GIFTS

The College’s future depends in great measure on the continuing generosity of our alumni and friends. There are many ways to craft a planned gift. 

 

Bequest

A charitable bequest is the easiest way to provide a lasting gift. By making a provision in your will, you can perpetuate your support for the College while retaining the right to change your mind should circumstances change. Typical gifts are cash, appreciated securities, real estate, and personal property.

Benefits to you

  • Your estate receives a charitable-gift tax deduction at the time of the donation.
  • Assets remain in your name during your lifetime.

 

Charitable Gift Annuity

A gift annuity is an agreement between you and Anna Maria College whereby you make a gift of cash and we agree to make fixed annual payments to you for life. The payout rate is determined at the time of your gift and is based on your age. You can secure a fixed income while avoiding market risks, which donors over the age of 60 often prefer. There is a gift minimum of $10,000, which is usually funded with cash or appreciated securities.

Benefits to you

  • You receive fixed annuity payments for life.
  • There is an immediate income-tax charitable deduction.
  • There is a reduced capital-gains tax on appreciated assets.

 

Charitable Remainder Trust

You may establish a trust that pays you a fixed income for life or term years. With a minimum donation of $100,000, this type of gift is usually funded with cash, appreciated securities, or real estate.

Benefits to you

  • You receive a fixed income for life.
  • There is an immediate income-tax charitable deduction.
  • There may be a savings on estate taxes.
  • The trust is simple to administer.

 

Other Giving Possibilities 

  • Establish an endowed scholarship fund.
  • Name Anna Maria as the beneficiary of your retirement plan.
  • If you have life insurance that is no longer essential to your financial planning, consider transferring ownership of the policy to Anna Maria College.
  • Donate tangible personal property that is related to the College’s mission and/or real estate, either outright or retaining the right to use the property for your lifetime.

 

 

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