We hope that you will consider including Marlboro College in your estate through a planned gift. There are a wide variety of giving options to choose from, and many have financial benefits to you.
WILLS AND TRUSTS
A common and simple way of supporting Marlboro College is by making a provision in your will or trust.
We can work with you and your attorney to determine what assets might come to the college from your estate. Bequests can be unrestricted or restricted to a specific purpose, for example, to establish a scholarship fund or endow a curricular area. You can leave as much or as little as you’d like; there is no minimum or maximum gift amount.
Contact the Development office so we can suggest specific bequest language or help you steward your planned gift.
GIFTS THAT PROVIDE YOU WITH INCOME
Charitable Gift Annuities
In the place of a cash gift or marketable securities, you can open a charitable gift annuity to benefit Marlboro College.
Marlboro College partners with The Vermont Community Foundation (VCF) to issue fixed payments to charitable gift annuity donors. In this partnership, the annuities are issued by VCF, and backed by all of its assets.
Charitable Remainder Trusts
Funded by cash, securities, or property, charitable remainder trusts (Unitrust or Annuity Trust) provide the donor and/or other beneficiaries an annual income for life or a set period of time. Upon death of the donor or expiration of the time period, the trust’s assets (remainder value) are given to Marlboro College.
CHARITABLE LEAD TRUSTS
This type of trust allows the donor to make a significant gift to Marlboro and can be an excellent way to pass substantial assets along to family members at a reduced transfer tax cost.
Assets are placed in an irrevocable trust for an amount of time you specify, and the college receives the annual income on those assets.
When the trust terminates, the assets or principal are returned to you or any beneficiary that you choose.
DONOR ADVISED FUNDS
To set up a donor advised fund you transfer cash or other assets to a tax-exempt sponsoring organization. You can then recommend—but not direct—how much and how often money is granted to Marlboro College. It is a great and simple way to be charitable and receive tax benefits.
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.
Likewise, 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.