Know Your 2013 Planning Options
In the closing months of 2013, you may find yourself
thinking about year-end planning and charitable giving. The two
often go hand in hand.
Knowing about gift options and how they impact your personal
planning can be very helpful. Some gifts can impact your tax
picture for 2013. As you consider ways to support our work, two
ideas you should know about are gifts of appreciated
stock and the IRA charitable
- By giving appreciated stock (held more than one year) rather
than cash, you obtain an income tax charitable deduction for the
current fair market value of the stock, and you also enjoy
additional tax savings by avoiding capital gains tax.
- If you are an IRA owner 70½ or over, you can instruct your IRA
administrator to make a distribution directly from your IRA to us
(up to $100,000), adn the amount counts toward your required
minimum distribution. There is no charitable tax deduction, but you
pay no tax on the distribution amount.
Please contact us for more information about ways to make a
personally satisfying gift.
Gift planning enables you to leave a
legacy at Butler University and support future generations
of students. We would be pleased to help you and your advisors
develop a gift plan that meets your financial and philanthropic
There are numerous ways to remember Butler in your estate plans,
including bequests, insurance and retirement plan beneficiary
designations, and charitable gift annuities or charitable trusts.
In fact, many of these ways provide benefits for both you and
We recognize all alumni and friends who have remembered Butler
through their estate plans by inviting them to join the Fairview
Heritage Society, Butler's society for planned gift donors.
Please look around and explore the benefits of gift planning, and
contact our office if we can ever be of assistance or service.