Giving Today

Gifts of Cash

Gifts of cash are a popular and convenient way to give to the campaign. Gifts of this nature may be given by check, credit card, or electronic funds transfer, and are tax-deductible to the extent of the law.

Gifts of Securities

Donors may contribute bonds, stock, mutual funds, and other investment vehicles to the College.

Donor Advised Funds

Donors who use a Donor Advised Fund in their philanthropic planning, may advise their DAF provider to make a distribution to Carthage College. It is worth noting that Donor Advised Funds may not be used to fulfill binding pledges.

Matching Gifts

Many companies encourage their employees to make charitable donations through a corporate gift matching program, where the employer will match personal donations with a company contribution.

IRA Rollovers

An IRA Rollover allows people age 70 ½ and older to reduce their taxable income by making a gift directly from their IRA.

Non-Cash Gifts

Non-cash gifts can include art collections, equipment, vehicles, antiques, sculptures, real estate, and others. Gifts officers at the College are prepared to help with gifts of this nature.

Charitable Lead Trusts

You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings.


Deferred Gifts

Bequests

Bequests are a provision in your will or living trust that names Carthage College as a beneficiary of a portion of your estate.

Beneficiary Designations

Donors may elect to name Carthage as a full or partial beneficiary of a qualified retirement plan, IRA, bank account, brokerage account, or Donor Advised Fund.

Charitable Gift Annuities

The benefits of a charitable gift annuity include a fixed income for the life of the annuitant(s) and an income tax deduction. At the end of the annuitant’s life, the remaining fund balance is released to the College for its beneficial purposes.

Charitable Remainder Trusts

You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.

Retained Life Estate

You give your property to Carthage, but retain the right to use your property during your lifetime.

Life Insurance

Beyond naming Carthage College as the beneficiary of a life insurance policy, some donors opt to transfer the ownership of the policy to the College. This irrevocable commitment provides an added tax benefit at the time of the transfer.