Gift options that match your goals

Gift Type

Your Goal

How to make the gift

The benefits

Gifts with current benefits

Gift of cash

Make a quick and easy gift

Simply write a check or make a credit card donation online

Immediate income tax deduction, subject to some limitations

Gift of securities

Avoid long-term capital gains tax

Contribute appreciated stock or other securities prior to their sale

Immediate income tax deduction and elimination of capital gains tax

Gift of personal property

Give the enjoyment of a collection or other personal items

Donate tangible personal property for SJSU’s use

Immediate income tax deduction available subject to certain valuation requirements

Gift of real estate

Avoid capital gains tax on sale of home or other real estate

Donate the real estate prior to its sale or make partial gift, called a bargain sale

Immediate income tax deduction, elimination of some or all capital gains tax

Gift of life insurance

Make a large gift with little cost to you

Name the Alumni Association as the owner beneficiary of a new or current policy

The gift of ownership yields an immediate income tax deduction.  The gift of beneficiary designation removes asset from your estate

Gifts with future benefits

Bequest

Defer a gift until after your lifetime

Name the Alumni Association in your will (designate a specific amount, a percentage or a share of the residue)

Gift qualifies for federal and state tax deductions

Revocable living trust

Make a gift now that give benefits later

Name the Alumni Asscoiation as the beneficiary of assets in your living trust similar to that of a will

You maintain control of the trust during your lifetime. Tax benefits are the same as for a will and your estate passes free of probate

Gift of retirement plan assets

Simple method to avoid income tax, inheritance tax and federal estate tax

Name the Alumni Association as the beneficiary (partial or complete) of IRAs or other retirement plans

Avoids triple tax which may be due at your death and provides charitable deductions to your estate

Gifts with combined benefits

Retained life estate in real estate

Give personal residence or farm now but continue to live there for life

Change title to the real estate with provision that you live there for life

Current income tax deduction for remainder value; lifetime use; removal from your estate

Charitable remainder trust

Create a secure stream income for life with ultimate gift to the Alumni Association

Create a trust which provides you with income annually, either at a fixed of changing amount

Immediate income tax deduction, assets are removed from your estate

Charitable lead trust

Reduce gift and estate taxes on transfers to heirs while providing income to the Alumni Association

Create a trust which provides income to the Alumni Association for a term of years with the remainder to heirs

May reduce your taxable estate while transferring rapidly appreciating assets to your heirs