Someday is today …
Planned Giving options that work for you.
The decision to support a charitable organization is personal and should be considered carefully. Malone University can help you think strategically about how to share support in a way that is meaningful to you.
Once you know the possibilities available, you may discover the ability to share your legacy while impacting Christ’s Kingdom and the mission of Malone all at the same time.
Gift planning on your terms.
Giving to Malone doesn’t necessarily mean giving something up. In fact, there are a number of planned giving vehicles that can benefit you in return. The following sections will help you discover new ways to give that take into account your personal circumstances and the needs of your heirs.
earn income from your donation
Charitable Gift Annuity — Establish an annuity contract with Malone University that pays a set amount for life.
Your benefits? Current and future savings on income tax. Fixed payments for life for one or two individuals based on annuity rates established by the American Council on Gift Annuities (ACGA).
Charitable Remainder Annuity Trust — Create a trust that pays a fixed income to a beneficiary or beneficiaries for life, or for a period of years and the principal is retained for Malone.
Your benefits? Deduct a portion of principal as a charitable tax deduction while the fixed annuity trust income is paid to a beneficiary; full value of assets can be transferred and invested through the trust.
Charitable Remainder Unitrust — Create a trust that pays variable trust income to a beneficiary or beneficiaries for life or for a period of years and the principal is retained for Malone.
Your benefits? Deduct a portion of principal as a charitable tax deduction while the variable trust income is paid to a beneficiary or beneficiaries for life or for a period of years; full value of assets can be transferred and invested through the trust.
How to make a large gift at little cost to you
Retirement Assets — Name Malone University as whole or partial successor beneficiary of your retirement account.
Your benefits? You can make a larger gift than you may have thought possible without letting go of your assets when you need them most. An easy way to give while reducing double taxation from estate and income tax.
Life Insurance Policies — Change ownership to Malone of paid-up life insurance policy you no longer need.
Your benefits? Current income tax deduction for paid-up policy. Gift exempt from federal estate tax. Simple to give and make a big difference.
Charitable Lead Trust — Create a trust that makes payments to Malone for a period of years, and principal is entrusted to donor’s beneficiary or beneficiaries.
Your benefits? Retain principal for heirs. Exact benefits vary based on Lead Annuity Trust or Lead Unitrust.
Make your mark and save big on taxes
Include Malone University as a beneficiary in your will or trust — by inserting a couple of sentences into your will or revocable living trust, you can create a gift that endures.
Your benefits? Your estate may be entitled to a charitable estate tax deduction for the amount of the gift and you retain control of your assets for your lifetime.
Securities — Contribute long-term appreciated stock or other securities.
Your benefits? Immediate charitable deduction. Elimination of long-term capital gains tax.
Real estate or other personal property — Make a significant gift that doesn’t affect your lifestyle. Gift your personal residence now, but maintain the right to use it for your lifetime.
Your benefits? Removed from taxable estate. Immediate tax deduction for gift. Lifetime use of residence. Additional gifts of assets that may include tax benefits: cash, IRA transfers, business interests, and more!
Gifts of Endowment
Propelling Malone into the future is all about investing in a holistic educational experience. We are committed to maintaining a community of learning which challenges students academically and spiritually, and desire not only to prepare our students for a successful career, but for life. The endowment is one of the financial cornerstones for the University, and supports these long-term goals.
Endowed funds can be created with a gift of $25,000 or more. Your donation can be secured through an outright gift or any of the planned giving vehicles outlined in this brochure. Endowment funds may be personalized with naming opportunities for capital projects, faculty positions, programs, and more. However you choose to give, we assure you—Malone University will work with you to personalize your endowment gift, and your gift will be protected and used in perpetuity exactly as you intend.