Ways to Give
You have several options when it comes to making a gift to Marlboro. You can:
A gift sent by check through the mail works for us!Development Office
P.O. Box A
Marlboro, VT 05344-0300
Your recurring gifts are electronically transferred from your checking or savings acount to the college's account, using secure software. Although these ACH bank transfers are now common, did you know that Marlboro was the first college in the country to offer this convenient way to make a donation? Simply print and fill out this ACT I Authorization form (PDF) and mail or fax it to us. Please do not send the form or a voided check over the internet.
Gifts of appreciated securities-stock, bonds and mutual fund shares-held long-term (more than a year and a day) may provide significant tax benefits if they are transferred to the College before they are sold. The donor receives an income tax deduction equal to the fair market value of the securities at the time they are contributed, and capital gains tax is avoided. Giving securities to Marlboro is quite simple but does require specific transfer instructions. Please notify the Development Office by phone at (802) 251-7624 or by email that you are making such a gift.
Delivery should be made to:Attention: Andrew Rome
Wells Fargo Advisors
P.O. Box 2469
West Brattleboro, VT 05303-2469
Account name: Corporation of Marlboro College
Account Number: 4382-2044
Marlboro College's IRS EIN: 03-0179593
Appreciated property such as personal residences, vacation homes, farms and undeveloped land may offer significant tax benefits now and relieve potential estate problems if given to Marlboro as an outright gift. Or you may consider creating a Retained Life Estate, giving the property now while retaining the right to use the property for life or a specified number of years.
Gifts in-kind are gifts of tangible property such as works of art, equipment, furniture and books, that can be used for teaching, outreach or in other ways that support the core educational mission of the College. While it is not possible for Marlboro to accept all types of in-kind contributions, we are happy to talk with you about such gifts. It is the donor's responsibility to determine the value of the gift for charitable purposes. The IRS requires that the donor obtain an independent, qualified appraisal, which in itself qualifies as a miscellaneous deduction, for the purpose of a tax deduction for gifts-in-kind over $5,000 in value.
You can easily increase your gift if the company you work for or the board on which you serve matches contributions. Obtain a matching gift form from the personnel, community relations or foundation office, complete as instructed, and send it along with your gift to Marlboro. Some companies place restrictions on the type and amount of gift they will match, so you should check the matching form before sending it to us.
Planned giving is a way to include charitable giving in your overall financial plan and is usually deferred, meaning the gift is created now and fulfilled later. Certain planned gift arrangements offer an opportunity to diversify holdings or turn highly appreciated assets into gifts, often ones that provide income during your lifetime. With careful planning today, you may reduce or eliminate estate, inheritance, or gift taxes, allowing your family to receive the full benefits of your life's work. Often these tax advantages allow you to make a greater gift than you otherwise thought possible, while also benefiting your family and heirs, and Marlboro College.
A bequest to Marlboro in your will is the most common planned gift. Bequests are the simplest way to make significant gifts to both Marlboro and members of your family, while retaining control of your assets. We can work with you and your attorney to determine what assets might come to the college from your estate and, with documentation of an irrevocable bequest, we will recognize your support of Marlboro in your lifetime. A bequest can be unrestricted, or can be restricted to a specific purpose, for example, to establish a scholarship fund or endow a curricular area.
Naming Marlboro as the owner and irrevocable beneficiary of a paid-up whole or variable life insurance policy gives an immediate charitable deduction for income tax purposes equal to the fair market value of the policy.
If you have an IRA or are part of a Keogh or qualified pension or profit-sharing plan, you can name Marlboro College as the beneficiary of any funds not used in your lifetime. You retain complete access to the funds to ensure a comfortable retirement. When the assets pass to the college, your estate is relieved of significant estate or income taxes.
Charitable Remainder Trusts
(Unitrust or Annuity Trust)
Funded by cash, securities or property, charitable remainder trusts provide the donor and/or other beneficiaries an annual income for life or a set period of time. Estate and income tax deductions apply; funding with appreciated property also avoids capital gains. Upon death of thedonor or expiration of the time period, the trust's assets (remainder value) are given to Marlboro College.
Charitable Lead Trusts
Unlike a remainder trust, a charitable lead trust is a gift of income to Marlboro. Assets are placed in an irrevocable trust for an amount of time you specify, and the college receives the annual income. When the trust terminates, the assets or principal are returned to you or any beneficiary that you choose. This type of trust allows the donor to make a significant gift and can be an excellent way to pass substantial assets along to family members at a reduced transfer tax cost.
Gift Annuities - Immediate or Deferred
In exchange for a gift of cash or marketable securities, Marlboro contracts with you to pay you or your beneficiary a specified annual payout amount for life. Payments may begin immediately or be deferred. The fixed payment amount and charitable deduction are based on the age of the annuitant; part of the annuity may be a tax-free return of principal. The minimum gift is based on the age of the annuitant and level of the gift. Marlboro's annuity program is regulated by the State of Vermont and backed by the assets of the college.
To memorialize a loved one, you can establish a named endowed fund to create a scholarship, prize or faculty chair, or to preserve or restore a room or building. The basic plan underlying a named endowed fund is simple. The principal of the fund is never spent. It is invested, either by Marlboro or a trustee chosen by the donor, and the earnings are used to fulfill the purpose or purposes for which the fund was created. Donors may use either outright or deferred gifts to establish named endowed funds. Marlboro works with each donor, on an individual basis, to prepare guidelines for the administration of each named endowed fund. Contact the development office to learn more.
Endowed or not, any gift to any fund may be designated in honor or in memory of a member of the Marlboro College community, or of another person of your choosing.
Bi-weekly gifts can be made by filling out a payroll deduction form (PDF). Please give the form to any Development staff member or leave it in our mailbox in Mather!
Donors often use one or a combination of gift vehicles to fulfill their philanthropic objectives. If you are interested in learning more about a particular type of gift, please contact a member of the development staff. We will work closely and confidentially with you (and your advisors, if you wish) to ensure that your gift achieves your personal goals and expresses your philanthropic vision for Marlboro College.
Some donors choose to give unrestricted gifts, which are applied toward whatever funding area is most in need of support. You can also direct your donation to specific areas such as student scholarships, faculty chairs, and library enhancements. Any gift can be made in honor of a faculty member, graduate, or loved one. For more information on where your gifts can go, see our funding areas.
Marlboro's tax ID number is 03-0179593. For more information about making a gift or to request copies of our audited financial statements, please contact the development office at (802) 251-7624. Read the Marlboro College Gift Acceptance Policy (PDF).