Ways to Give
Donor Advised Funds
There are three key reasons why a Cal Poly Pomona Donor Advised Fund is an important gift option. A donor advised fund allows you to:
- Influence our ongoing education mission and participate in deciding how your gift makes the greatest impact.
- Benefit from a charitable deduction.
- Enjoy a widespread, lasting philanthropic impact without having to set up a private foundation.
The most popular and enduring planned gift is a simple charitable bequest. Bequests are popular because they give you the opportunity to leave a lasting legacy. When you make a charitable bequest, you retain full use of your property during life, so there is no disruption of your lifestyle and no immediate out-of-pocket cost.
Gifts of long-term, highly appreciated securities are the most common type of outright property gift. Typically, individual stocks are given; however, bonds or mutual fund shares are also attractive gift options. Outright gifts of securities can be made quickly and these gifts let you do more with your gift because of the very attractive tax benefits.
IRA Charitable Rollover
Legislation signed at the end of 2015 permanently extended the popular gift option known as the IRA Charitable Rollover. This is good news for IRA owners age 70½ and over who want to support our work in 2016, because you can use your IRA required minimum distribution (RMD) to make a meaningful gift. It's easy to do.
More and more donors use qualified retirement account assets in their charitable gift planning. The reason: Retirement account assets left to loved ones may be subject to higher taxation than other types of assets.
Charitable Remainder Trust
One method of making a gift with a retained right to income is a charitable remainder trust.
When appreciated real estate is given to us, capital gains taxes can be completely avoided and the full fair market value of the property is generally deductible as a charitable contribution.
Life insurance is also an excellent tool for accomplishing philanthropic goals while realizing other important financial objectives. Indeed, life insurance can empower individuals to make charitable gifts they never would have dreamed possible.