One of the easiest ways to make a gift to Hamilton is to make a commitment through your estate plan. You may designate a specific amount or a percentage of your estate.
You may name Hamilton the recipient of all or a portion of any account requiring you to complete a beneficiary designation form - often easing estate administration issues. As the beneficiary or contingent beneficiary of your retirement plan assets, Hamilton will receive 100% of the gift amount. If left to non-spousal heirs, the account could be reduced significantly by estate and income taxes.
If you are 70 1/2 years or older, you can make an annual tax-free distribution of up to $100,000 directly from your IRA to Hamilton.
In return for your gift of cash or marketable securities to a gift annuity, Hamilton agrees to make fixed quarterly payments to you, or you and another annuitant, for life. You can claim an income tax charitable contribution deduction, and if the gift is made with appreciated securities, you will save capital gains tax. A portion of your quarterly payments may be tax-free. The minimum gift annuity contribution is $5,000. Use the gift calculator to see the benefits of a charitable gift annuity.
For individuals who may not need immediate income, a deferred payment charitable gift annuity delays the start of payments, most often until retirement. The size of the fixed payment is directly proportional to the deferral period. The minimum deferred payment charitable gift annuity contribution is $2,000.
Funded with cash, securities and/or real estate, a charitable remainder trust makes payments to you or another beneficiary and ultimately benefits Hamilton. Two versions are available - a charitable remainder unitrust provides variable payments expressed as a percentage of market value on the annual valuation date and a charitable remainder annuity trust provides fixed payments not subject to market fluctuations. In either case, you save income and capital gains taxes. The minimum charitable remainder trust contribution is $100,000. Use the gift calculator to see the benefits of a charitable gift annuity.
A special charitable remainder unitrust that provides income tax savings when you are employed, capital gains tax savings, tax-free growth and payments based upon increased market value at a time when you are presumably in a lower income tax bracket.
This gift vehicle allows you to distribute assets to heirs at reduced transfer tax cost. You can establish a charitable lead trust, funded with cash or other assets, to provide payments, either fixed or variable, to Hamilton for a given number of years. When the trust terminates, the principal and any appreciation is transferred to heirs. Significant gift, estate, and generation-skipping transfer tax savings can be achieved. These gifts are particularly attractive in a low-interest rate environment.
You can contribute to Hamilton all or a portion of your residence, vacation home, commercial property or undeveloped land outright or in trust. You also may contribute your primary residence to the College while retaining the right to live in and enjoy it for life.
Art, antiques, manuscripts, maps and rare books are among the tangible personal property gifts regularly contributed to Hamilton.
Hamilton makes a number of resources available to you, including the following: