Planned Giving

Eligible Assets

Life Insurance Policy (Whole Life)
Retirement Account
Bank Accounts, Certificates of Deposit, or Brokerage Accounts

Beneficiary

By naming C-SC as beneficiary of a life insurance policy, retirement account, or financial asset (bank account, certificate of deposit, or brokerage account), you reduce the future tax burden for your loved ones.

Policy Owner and Beneficiary

There is further opportunity to take advantage of potential tax savings benefits by transferring policy ownership of an asset to Culver-Stockton College while you are still living. When C-SC is named both owner and beneficiary, any premium payments still due on the policy can be made directly to C-SC as a charitable gift (and, therefore, a tax deductible contribution for you) and C-SC pays the premium payment directly to the insurance company or other holder. Once ownership has been transferred, Culver-Stockton College maintains complete control of the policy or account.

Property, Securities, Real Estate

There are many ways to gift property, securities, and real estate to Culver-Stockton College, including options which provide tax-savings benefits during your lifetime such as taking advantage of a federal income tax charitable deduction and avoiding paying capital gains tax. For more information about how to make a gift of property, securities, or real estate, please consult your tax advisor or attorney. Because of the nature of these gifts, it is important to consult the Advancement Office at Culver-Stockton College before establishing a gift of this sort.

Charitable Gift Annuities

A Charitable Gift Annuity is a contractual agreement in which the donor gives assets in exchange for the organization's promise to provide the donor with payments for life. When you create a charitable gift annuity with Culver-Stockton College, your donation is divided into two parts: an amount attributable to the charitable gift portion (donation to the scholarship, program, or fund of your choosing) and the amount attributable to your annuity payments. Charitable Gift Annuities can be funded with cash, appreciated securities, closely held stock, real estate, or tangible personal property. Consult your estate planning attorney for current annuity rates and applicable ages for gift annuity eligibility.

*Deferred Annuity: If you are younger than 60 or do not need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement.

Trusts

Together with your estate planning advisor, tax advisor, or estate planning attorney, you can determine which option best fits your needs. Both Charitable Remainder Trusts and Charitable Lead Trusts offer multiple payment options which can benefit you and your loved ones while making a significant impact on Culver-Stockton College.