Ways to Give
You have several options when it comes to making a gift to Marlboro. You can:
Use our online giving form for one time or recurring gifts via credit card. You can also make a gift through electronic bank transfer using secure Automated Clearing House (ACH) software. 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.
A gift sent by check through the mail still works for us!Development Office
P.O. Box A
Marlboro, VT 05344-0300
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, First Vice President–Investment Officer
Wells Fargo Advisors LLC
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
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.
Supporting Marlboro College will allow for future generations of students to continue to have an individualized and enriching educational experience. Please consider remembering the college in your estate through a planned gift. When you earmark a gift to Marlboro College in your estate, you automatically become a member of the college's Potash Hill Society. There are a wide variety of giving options to choose from. Many of the opportunities have financial benefits to you.
Wills and Living Trusts
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. Contact the development office so we can suggest specific bequest language or help you steward your planned gift.
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. 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. When the assets pass to the college, your estate is relieved of significant estate or income taxes. You should also know that a new law passed in 2015 allows qualified charitable distributions of up to $100,000 from some IRAs.
Donor Advised Funds
A donor advised fund, which is like a charitable savings account, it a great way to be charitable and receive a federal income tax charitable deduction. To set up a donor advised fund you transfer cash or other assets to a tax-exempt sponsoring organization such as a community foundation. You can then recommend—but not direct—how much and how often money is granted to Marlboro College or other charities.
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.
Gifts that Provide IncomeCharitable Gift Annuities
In exchange for a gift of cash or marketable securities, you can open a charitable gift annuity to benefit Marlboro College. Fixed payments are calculated based on several variables and may begin immediately, or be deferred with a flexible start date. When opening a charitable gift annuity you also receive a variety of tax benefits including a federal income tax charitable deduction. Marlboro College partners with The Vermont Community Foundation (VCF) to issue charitable gift annuities to Marlboro donors. In this partnership, the annuities are issued by VCF, and backed by all of its assets. The remaining value of the contract at termination is set aside solely for the benefit of Marlboro College in a special fund from which the college receives an annual distribution.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. Estate and income tax deductions apply; funding with appreciated property also avoids capital gains. Upon death of the donor or expiration of the time period, the trust's assets (remainder value) are given to Marlboro College.
To memorialize a loved one, you can establish or add to 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.
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.
Tangible Personal Property
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.
“But I work here, why should I donate?”
Consider this: Donors who are being asked to renew their giving, as well as new prospects, also want to know why they should give. And here is where the two converge: When we can show strong support by those closest to the college—staff and faculty—it conveys a compelling spirit of confidence in the college and its mission. Employees are some of our best ambassadors! Last year 100% of senior staff and 40% of all undergraduate campus employees were donors to Marlboro.
You probably make donations to other nonprofits whose causes are important to you and we hope you consider Marlboro to be among those causes. You work here, yes—all the more reason top help assure this nonprofit's financial health through a collective culture of philanthropy.
Bi-weekly gifts can be made by filling out a payroll deduction form. Please give the form to any Development staff member or leave it in our mailbox in Mather! You can also easily make a one-time gift to this year’s annual fund online.
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).