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Ways to Give

 

There are almost as many variations on ways to make a donation as there are needs to be met.  Please explore this chart to discover new ways to make a gift to Broward College that also takes into consideration your personal circumstances, your goals and the needs of your heirs.

 

Your Gift

Your Goal

How to Make the Gift

Your Benefits

Outright Gift of Cash

Make a quick and easy gift

Write a check or make a cash donation now

Immediate income tax deduction

Bequest

Defer your gift until after your lifetime

Name Broward College Foundation in your will (for a specific amount, percentage, or residue of estate)

Donation is exempt from federal tax

Revocable Living Trust

Make revocable gift during your lifetime

Name Broward College Foundation as beneficiary of assets in living trust

You maintain control of trust during your lifetime

Outright Gift of Securities

Avoid tax on capital gains

Gift of long-term appreciated stock or other securities

Immediate income tax deduction and avoidance of capital gains

Outright Gift of Personal Property

Share your enjoyment of a collection or other personal item(s)

Gift is a tangible personal property that relates to Broward College’s tax exempt mission

Charitable tax deduction is based upon fair market value

Gift of Life Insurance

Make a large gift at little cost to yourself

Change ownership or beneficiary to include Broward College Foundation

Possible current income tax deduction and future deductions if paying premiums

Gift of Retirement Assets

Avoid double taxation

Name Broward College Foundation as a beneficiary of residual after your lifetime

Provides for a way to gift highest taxed asset to allow for better distribution of assets to beneficiaries

Gifts of Real Estate

Gift unneeded asset and receive an income tax deduction

Donate or sell property to Broward College Foundation at a bargain price

Immediate tax deduction and reduction or elimination of capital gains taxes

Retained Life Estate

Give your personal residence but continue to live there

Designate partial ownership of property to Broward College Foundation, but continue to live there

Charitable gift deduction of gifted portion and lifetime use of property

Charitable Remainder Unitrust

Create a hedge against inflation over the long term

Create a trust that pays a fixed percentage of the trust’s assets as revalued annually

Receive a variable income for life and immediate income tax deduction

Charitable Remainder Annuity Trust

Secure a fixed and sometimes increased income

Create a trust that pays you a set income annually

Immediate income tax deduction and fixed income for life, often at a higher rate of return

Charitable Gift Annuity

Supplement income with steady payments that are partially tax-free

Enter into a charitable gift annuity contract that pays a set amount for life

Current and future savings on income taxes and fixed payments for life up to two beneficiaries

Charitable Lead Trust

Reduce gift and estate taxes on assets you pass on to your children and grandchildren

Create a charitable trust that pays a fixed or variable amount to Broward College Foundation for a specific term of years; principle is retained for your heirs

Reduces your taxable estate