Types of Planned Gifts

Bequests

A bequest is a statement that describes your wish to make a gift given by will to a charity of your choice.

Bequests to Anatolia College can be structured in many ways (will, living trust, retirement plan, life insurance policy, real estate, appreciated stocks). and be directed to a purpose of your choice.

Benefits

• The value of your bequest to Anatolia College Bequests may be tax deductible
• You are recognized today for a gift that will pass on to Anatolia College after your death
• You support Anatolia College and its mission

Download a Bequest Sample

Disclaimer: The information above is intended to assist you in your tax, estate, and charitable planning. It is not legal advice and should not be relied upon as such.

Beneficiary designation

One of the easiest and most impactful ways to support our School is making Anatolia College the beneficiary of your life insurance policy or your private retirement account.

A beneficiary designation is one of the simplest ways to make a gift to Anatolia College. It's literally as easy as filling out a form. You can specify the individuals and charities you want to support and you can also specify the percentage of the assets you want each beneficiary to receive. You may review and adjust beneficiary designations at any time. Beneficiary designations are available through life insurance or retirement plans.

Benefits

Most retirement plans (other than Roth IRAs) are subject to income taxes—and possibly estate taxes—if left to an individual beneficiary. Anatolia College, as any other charity you name as your beneficiary, will not have to pay income or estate taxes on the distribution and will, therefore, be able to use the full value of what is distributed as a gift. That is the reason why you may consider naming Anatolia College as a beneficiary to the more heavily taxed retirement assets.

Disclaimer: The information above is intended to assist you in your tax, estate, and charitable planning. It is not legal advice and should not be relied upon as such.

Charitable Gift Annuities

You make a gift to Anatolia College, funded by cash or securities, and the School agrees by contract to pay a fixed amount each year to you and/or another beneficiary for life.

To establish a charitable gift annuity at Anatolia College a minimum of $100,000 is required. At the end of the designated period, the remaining assets are distributed, under your guidelines, to Anatolia College.

Benefits

• You receive fixed annual payments for life
• You are eligible to receive a tax deduction at the time you make the gift
• You may possibly receive tax-free income
• You support Anatolia College and its mission

Charitable Remainder Trusts

You may establish a trust, funded by cash or securities, from which you and/or your designated beneficiaries and Anatolia College receive an income for life or for a designated period of years, determined by investment performance. The income payments can either be a fixed amount or a fixed percentage.

To establish a charitable remainder trust a minimum of $100,000 is required. A trust is a legal entity separate from the donor and Anatolia, which holds and invests the contributed assets, makes the specified payments and, at the end of the trust, the remaining assets are distributed, under your guidelines, to Anatolia College.

Benefits

• You or/and your designated beneficiaries may benefit from an income increase
• You may benefit from a partial income tax deduction
• You avoid up-front capital gains tax
• You support Anatolia College and its mission

In both cases, at the end of the trust, the remaining assets are distributed under your guidelines to Anatolia College.

Disclaimer: The information above is intended to assist you in your tax, estate, and charitable planning. It is not legal advice and should not be relied upon as such.

Charitable lead trusts

If you would like to support Anatolia College, but prefer not to give up your assets that you want your family to receive someday, then you may consider a charitable lead trust.

This gift option can be realized through an estate, cash or securities and is advantageous if you own a large estate that you would like to pass on to your family at a low gift or estate tax or if you own securities that you would like to be managed by a trustworthy management team, so that the wealth can be passed on to your family. A charitable lead trust would benefit Anatolia College with a significant annual gift, by directing income payments from the trust for a set number of years, after which the remaining assets will be transferred to your beneficiaries.

Benefits

• You benefit from a tax deduction that is the present value of the annual gift payment
• You reduce the cost of taxes of transferring your assets to your family
• You receive a fixed amount of a fund value (annuity value) for a period of time or
• a fixed percentage of a fund value that may have a change in nominal value (unitrust)
• Your family benefits from Anatolia College’s expert money management
• You support Anatolia College and its mission

Disclaimer: The information above is intended to assist you in your tax, estate, and charitable planning. It is not legal advice and should not be relied upon as such.