Legacy Giving Options

This summary chart will give you a quick overview of many of the planned giving options available to you. Another page to consider if you are exploring Planned Giving for the first time is our Planned Giving factors. Please keep in mind that your individual circumstances need to be considered before taking any action. As with all tax and estate planning, please consult your attorney or estate specialist.

A primary question to consider first is have you made out a will? If you have not yet written a will, regardless of your charitable intent, please consider this.


If your goal is to:

Then you can:

And your benefits are:

Make a quick and easy gift.

Simply write a check now, or give through our secure online process. An income tax deduction and immediate impact for us.
Avoid tax on capital gains. Contribute long-term appreciated stock or other securities. A charitable deduction plus no capital gains tax.
Defer a gift until after your lifetime. Put a bequest in your will (give us cash, specific property, or a share of the residue of your estate). Your donations are fully exempt from federal estate tax.

Receive guaranteed fixed income that is partially tax-free.

Create a charitable gift annuity.

Current and future savings on income taxes, plus stable income.

Achieve diversification usually reserved for very large investments Contribute to a Pooled Income Fund. Receive income for life and an immediate tax deduction on a portion of the contribution.
Avoid capital gains tax on the sale of a home or other real estate. Donate the real estate to us, or sell it to us at a bargain price. An income tax reduction plus reduction or elimination of capital gains tax.
Avoid the twofold taxation on IRA or other employee benefit plans. Name us as the beneficiary of the remainder of the retirement assets after your lifetime. It lets you leave your family other assets that carry less tax liability.
Give your personal residence or farm, but retain life use. Create a charitable gift of future interest, called a retained life estate. It gives you tax advantages plus use of the property.
Make a large gift with little cost to you. Contribute a life insurance policy you no longer need. Current and possibly future income tax deductions.

Secure a fixed life income while avoiding market risks.

Create a charitable remainder annuity trust.

It gives you tax benefits and often boosts your rate of return.

Give income from an asset for a period of years but retain the asset for yourself or your heirs. Create a charitable lead trust. Asset is returned to the donor or heirs with federal estate tax savings and income tax deductions for income donated.
Create a hedge against inflation over the long term. Create a charitable remainder unitrust. It pays you a variable income for life and gives you tax benefits.
Make a revocable gift during your lifetime. Name us as the beneficiary of assets in a living trust. Full control of the trust terms for your lifetime.


For more information or a confidential discussion of your charitable options, please email or call the Senior Director of Development, Jean Maginnis, at 207-893-7899.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice, either in whole or in part. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Legacy Giving section has been developed for Saint Joseph's College by Future Focus. Please report any problems to section webmaster.