By Tag · Charitable remainder unitrust
Is a charitable trust right for me? Part 3: “flip” charitable remainder unitrusts
May 27, 2020
This special type of gift planning vehicle is flexible and allows some donors to achieve their financial and philanthropic goals in a way that standard unitrusts or gift annuities cannot. Continue Reading ➜
Historically low interest rates offer unique opportunities for charitable giving
April 27, 2020
The unexpected onslaught of COVID-19 has produced many responses – including the Federal Reserve reducing interest rates to historic lows. One key interest rate — known as the IRS discount rate (or Internal Revenue Code section “7520 rate”) — directly affects the deduction value of certain types of charitable gifts. Continue Reading ➜
Is a charitable trust right for me? Part 1: charitable remainder unitrusts
March 3, 2020
Charitable trusts can be a great way to support the causes you’re most passionate about while achieving your own financial goals. In this article, we will answer the most common question we encounter about charitable remainder unitrusts. Continue Reading ➜
Is your retirement and wealth plan more secure with the SECURE Act?
January 24, 2020
In December 2019, President Trump signed into law several changes to the rules regarding retirement accounts such as 401(k)s and IRAs. Continue Reading ➜
Top 5 reasons why gift annuities and trusts are great tools for charitable giving
October 24, 2019
Have you considered supporting charity but felt unsure of the financial impact? If so, creating a charitable gift annuity or trust may be an option for you! These types of gifts are known as “life income gifts” because they pay you or your loved ones an income for life or a period of years. Continue Reading ➜
Top four questions Duke alumni and friends ask about charitable giving
February 6, 2017
As an associate director of gift planning, I speak with a lot of Duke alumni and friends across the country about ways to support the university. Here are the four most common questions I receive from donors, alumni, and friends of Duke about planned giving: Continue Reading ➜
What goes down must come up: The impact of low interest rates on philanthropy
January 23, 2017
In an effort to stimulate the U.S. economy following the onset of The Great Recession in 2008, the Federal Reserve Bank reduced interest rates to historic lows. Post-2008 fixed income investments—including bonds, Certificates of Deposit, and money market funds—fell dramatically and investors who relied heavily on those assets suffered the most. Likewise, the payout rates and deduction benefits from interest sensitive charitable gifts went lower. Continue Reading ➜
Our Giving Story: Jerry and Bev Wilkinson
December 19, 2016
“My experience at Duke not only formed me as a person, but transformed me,” said Jerry Wilkinson B.S.E.'67, P’98, P’00, P’03, who received a degree in electrical engineering from Pratt School of Engineering. “Engineering is a discipline that develops problem solving skills, and Duke prepared me to build those life-long skills, to further my engineering studies, and pursue my career.” Continue Reading ➜
Gift planning at any age: 60s and 70s
April 20, 2016
Gift planning can be a smart way to leave a lasting impression at a charity, like Duke, while achieving your personal and financial goals. There are many options for every life stage.
If you are in your 60s and 70s, you are likely thinking about your upcoming retirement. You may be wondering how to provide an income for yourself (and your family) while reducing your taxes. Supporting organizations you value through a planned gift may help you solve this puzzle.
Continue Reading ➜
Common charitable expressions defined
January 22, 2016
It’s no secret that the modern world is becoming more complex. With that complexity arise new expressions and vocabulary. I can't even remember, for example, when we began using the term "emoticon."
While jargon can be helpful to people who dwell full-time within specialized areas of life, it can also become very commonplace and often overlooked. Unfortunately, certain terminology may act as a barrier to those who simply want to get something done. These vocabulary challenges can often arise when someone is considering a charitable gift.
Here are a few terms defined that can sometimes be confusing to folks who are interested in making a gift. These are not legal definitions, but that's the point—they simply attempt to explain commonly used terms in everyday language. Continue Reading ➜