All gifts made during the Reunion fiscal year (7/1/2013 – 6/30/2014) will be included in the total raised by the Class of 1989. Outright gifts of cash and securities, as well as planned gifts, will count at face value for Reunion and campaign commitment totals.
- Participation: 50%
- Annual Fund Gifts: $200,000
- Total Gifts: $600,000
Ways to Give
Gifts That Allow You to Retain Assets
- Bequests – Planned bequests allow you to retain lifetime use of your assets and
reduce estate tax. Depending on the size of the bequest, a donor may establish a
named endowed scholarship or program fund.
- Gifts of IRAs and other qualified plans – Naming Bucknell as a beneficiary of
your IRA or other qualified retirement plan can significantly minimize income and
Gifts That Pay You Income
- Charitable Gift Annuity – Funding a gift annuity provides fixed income for one
or two individuals for life. The annuity rate is based on the age of the beneficiaries
when the annuity is funded. A significant income tax deduction is possible in the
year that it is funded.
- Charitable Remainder Trust – Charitable trusts can provide fixed income or the
opportunity for income growth over time. It can operate for a term of years or the
lifetime of the income beneficiaries, and unlike a gift annuity, can provide income to
more than two beneficiaries. A significant income tax deduction is possible in the
year that it is funded.
Other Gift Options
- Charitable Lead Trusts – Lead trusts provide annual payments to Bucknell and
other charities of your choice. At the end of the trust term, the value within the
trust passes to your heirs with little or no additional tax due.
- Real Estate – Real estate can be given outright to Bucknell or be used to fund a
life income trust. You can also give the property to Bucknell now, but retain the
right to live in your home for as long as you want.
- Gifts of Stock – Gifts of appreciated stock or mutual funds offer the opportunity
for a charitable income tax deduction and a reduction or avoidance of the capital
gains tax. In addition, securities can be used to fund charitable gift annuities and
charitable remainder trusts.
Taking the Next Step
Your Reunion gift decision may require some planning and a discussion of options. For more information, please contact Dan Clark, Associate Director of Gift Planning, at 570.577.3774, or email@example.com.