Sacramento State - University Development

Planned giving helps you make a larger gift than you may have thought possible — often with financial benefits for you.

Make a bequest to Sacramento State in your will, naming the University as a contingent beneficiary. If your loved one survives you, he or she will receive your estate; if not, you make a very precious gift to Sac State.
Certain assets (including savings bonds and non-qualified annuities) will generate a tax bill for your survivors. Consider naming Sacramento State to receive these assets. Or, simply name the University as contingent beneficiary for insurance policies, mutual funds, retirement plan assets, etc.
Gifts can be created to pay income for life(pdf) to a loved one, with the remainder coming to the University. These gifts include charitable gift annuties and charitable remainder trusts. The gifts can be set up during your lifetime or through your will. This can provide an allowance for your loved one while making a significant gift to Sac State, and it can reduce the tax bill if your estate exceeds the threshold for estate taxes (currently $1.5 million).
Conversely, there are gifts called charitable lead trusts that pay income to the University for a period of time, then pass the remainder to your loved ones. This can be a way to delay an inheritance for heirs who may be too young to handle it wisely, and again it can reduce the bill if your estate exceeds the threshold for estate taxes (currently $1.5 million).

We don’t want you to impoverish yourself to make a gift to the University! Please consider a bequest from your estate after your lifetime.
Sometimes, a gift to the University can help make your money last longer. Charitable gift annuities(pdf) pay the donor a fixed income for life, with rates from 5.0% to 11.3%, depending on your age. The annuities can be funded with cash or appreciated securities.

You can make a gift and save some taxes by giving the University a fractional interest in the building. You escape capital-gains taxes on the percentage that is given to Sacramento State, while receiving a deduction for its value.
Donate the property (or a fractional interest) to a charitable remainder trust(pdf). The trust sells the asset, and you receive income based on the property’s full value, without erosion to capital-gains taxes. You also receive a partial income tax deduction.

Charitable gift annuities(pdf) pay the donor a fixed payments for life, with rates from 5.0% to 11.3%, depending on your age. The annuities can be funded with cash or appreciated securities.

Think about a deferred gift annuity(pdf) as a way to diversify. You donate the stock and receive fixed payments at a later date, based upon the stock’s full value. You also receive a partial income tax deduction.
Not interested in the security of a fixed income? Donating the stock to a trust(pdf) may work better for you. The trust sells the stock, and you receive a percentage of its value each year providing the opportunity for growth of income.

Will you have capital gains tax on the proceeds? You can avoid the tax and set an income by donating a fractional intrest in the house to a charitable remainder trust(pdf).
Consider using some of the proceeds to fund a charitable gift annuity(pdf). Donors receive fixed payments for life, with rates that range from 5.0% to 11.3%

For more information contact Deborah J Rice , Director of Planned Giving or Click here to go to Planned Giving Publications