Gift Planning
A gift to Duke can be part of a smart financial plan.
Unwrapping Gifts: Charitable Gift Annuities
Jeremy Arkin, Associate Director of Gift Planning at Duke, describes how a charitable gift annuity at Duke University can be part of a smart financial plan.
Let the Office of Gift Planning at Duke University help you and your financial advisors develop a gift plan that meets your financial and philanthropic goals. A properly planned gift may help you reduce or eliminate capital gains and gift and estate taxes. You may realize immediate tax savings, as well.
- Life income gifts can provide you and/or your loved ones with an income for the duration of your lives or for a specific number of years.
- Charitable lead trusts can be used to transfer assets to a loved one with a significantly reduced tax liability.
- Real estate, tangible property, and securities can be turned into gifts with immediate tax benefits.
- Bequests, retirement accounts, and other testamentary gift plans can allow you to make a more substantial gift than you imagined possible.
Download the Legacy Giving to Duke brochure (PDF format) for a portable, printable, two-page synopsis of smart financial plans.
Charitable IRA rollover extended for a limited time
On January 2, President Obama signed into law a reinstatement and extension of the charitable IRA rollover, allowing donors 70 1/2 years or older to make a direct, tax-free gift of up to $100,000 from an individual retirement account to a qualified charitable organization, such as Duke University. Such charitable IRA rollover gifts may also count toward a donor’s required minimum distribution for the year. This extension runs through December 31, 2013.
Duke’s Office of Gift Planning is available to work with you and your financial advisors to develop a gift plan that meets your personal, financial, and philanthropic goals. If you are interested in receiving additional information about the charitable IRA rollover, please contact our office.