Making a multi-year pledge enables you to have a greater impact on the university and, by providing a reliable source of funding, helps Stevens budget over several years. Donors who want to make a larger gift can spread payments out over three to five years. While you pay only a portion of the total gift in the reunion year, the full amount of your pledge counts toward your class's reunion gift total.
More than a thousand companies offer varying levels of corporate match for their employees’ philanthropic interests. Direct your matching gift to Stevens and the University will recognize you for the full amount of your own gift plus the resulting corporate match. To find out if your employer (or your spouse's employer) has a matching gift program, visit www.stevens.edu/development/matching.
If you have any questions or would like additional information on multi-year pledges or matching gifts, please contact Melissa Fuest, Director of Annual Giving, at [email protected] or 201-216-3346.
Charitable IRA Rollover Expired as of December 31, 2013 - Awaiting Renewal
The Charitable IRA Rollover legislation that permitted individuals at least 70½ years old to make tax-free charitable distributions from IRAs expired on December 31, 2013. In the past, Congress has renewed the law, occasionally retroactively. We will update this page as soon as we learn of any legislative changes with respect to the opportunity for 2014 and beyond.
Outright Gift of Stock
The stock market has hit record levels in 2013, and you may find yourself in the happy position of holding stock that has gone up significantly. But investment gain can be a two-edged sword: If you sell at a profit, you could find yourself subject to higher tax on gain in 2013 due to new provisions in the law. Making a gift of appreciated stock to Stevens can be an increasingly tax-efficient method of supporting the university. In most instances, you can receive a tax deduction for the full market value of your gift and avoid tax on the capital gain. For more information, visit www.stevens.edu/development/stockgifts
Life Income Gifts
Charitable Gift Annuity
The Charitable Gift Annuity is among the simplest and most popular methods of making a deferred charitable gift. In exchange for a gift of cash or marketable securities, Stevens contractually guarantees to pay a specified annuity to a donor and/or another beneficiary. Charitable Gift Annuities can be established with a minimum gift of $10,000, and the annuitant must be at least 65 years of age when the annuity payments begin. For more information, CLICK HERE.
Charitable Remainder Trusts
A Charitable Remainder Trust is a separately invested charitable trust that pays a percentage of its principal to yourself and/or other income beneficiaries you name for life or a term of years. You receive a charitable income tax deduction for a portion of the value of the assets placed in the trust (typically 6-figures). What’s more, you pay no upfront capital gains tax on appreciated assets you donate. When the trust terminates, the balance is paid to Stevens, toward whatever purpose you designate. The Charitable Remainder Trust is a powerful, highly flexible planned giving vehicle for benefiting yourself, your heirs and Stevens. For more information, CLICK HERE.
Charitable Lead Trust (Non Grantor)
The Charitable Lead Trust is ideal for those with large estates wishing to preserve certain assets for heirs. The Lead Trust is an intergenerational wealth-transfer tool that enables you to provide for your heirs – and for Stevens – while sharply reducing gift and estate taxes. Because Stevens will benefit first, the trust assets then confer to your heirs later at reduced gift and estate tax levels. For more information, visit CLICK HERE.
A bequest is a simple way to make a lasting gift to Stevens. You can make provision now for a future gift to Stevens by including a bequest in your will or revocable living trust. When making a bequest, you do not part with any funds during your lifetime—yet when your bequest is received, your legacy gift helps ensure that Stevens will continue to thrive and grow, fulfilling our commitment to solving complex, real-world problems of engineering, science, and management while fostering entrepreneurship and research. For more information, visit CLICK HERE.
Retirement plan assets are often overlooked as means of charitable support. They are simple for donors to give to Stevens. Naming a charitable organization a beneficiary of an IRA, 401(k) or other retirement plan also provides tax advantages to an estate, as well. For more information, visit CLICK HERE.
To speak with someone about any of the planned giving options mentioned above, please contact Michael Governor, Director of Planned Giving, at 201-216-8967 or [email protected].