1. An outright gift of cash or securities.
For gifts of cash, you are entitled to an income tax deduction
of up to 50 percent of your adjusted gross income with a five-year
carry-over period for the excess. For gifts of long-term appreciated
securities, the limit is 30 percent of adjusted gross income,
and you may be able to avoid the capital gain that would have
applied had you sold the securities.
2. A five-year pledge. We want to accommodate
your unique circumstances and are happy to have installment gifts
of up to five years. Additional arrangements can be made for a
portion of your annual pledge payment to fund your scholarship
as you build the endowment.
3. A gift in trust. We are happy to work with
you and your financial advisor to create an income arrangement
that suits your unique circumstances. For example, you may choose
a fixed or fluctuating payment, the rate of such payment and many
other features to suit your needs. You may incur no capital gain
tax on the transfer of appreciated, long-term securities or real
estate to the trust, and you will receive an income tax deduction
for part of the gift. Upon the death of the beneficiary (you or
another person), the Texas A&M Foundation will have the use
of the trust funds for the purpose you designate.
4. An outright gift of real estate. Most real
estate has appreciated faster than the rate of inflation and offers
great potential in charitable gift planning. We would be happy
to explore with you a gift of a home, vacation property, condominium,
undeveloped land or other real estate in support of the program
that you select.
5. A gift of a personal residence or farm with a retained
life estate. It is possible to transfer ownership of
your personal residence or farm to the Texas A&M Foundation
Trust Company while retaining the enjoyment of the property during
your lifetime. This may be an excellent way to support the university,
receive a current income tax deduction for the property's discounted
value and continue to use the property for as long as you live.
6. The purchase of a new life insurance policy benefiting
Texas A&M Foundation. You can make a magnificent
commitment to the university through a life insurance gift. Through
relatively modest annual gifts, you can create a major gift. Plus,
your annual premiums will be deductible for income tax purposes.
7. A gift of an existing life insurance policy.
Many people own insurance policies that are no longer needed for
their original purposes. Such policies can be given to the Texas
A&M Foundation. In general, you will be entitled to an income
tax deduction for the cash surrender value, and can deduct the
amount of future premiums paid.
8. A gift of an income stream. You can provide
annual payments to the Texas A&M Foundation from a pool of
assets that later will be distributed to your heirs. This plan
allows you to transfer assets to family members at a reduced transfer
tax while providing meaningful support to our institution for
a period of years.
9. A bequest. You can provide a gift by naming
the Texas A&M Foundation as a beneficiary of your will. Upon
your death, these funds will go to the university program you
have designated.
10. Creative combinations. You can make a major
commitment through any one of the above gift arrangements, or
you can combine them in creative ways to suit your unique circumstances.
