There are multiple ways you can give to meet personal and philanthropic goals while making sure you provide for yourself, your heirs, and organizations you care about.
Other Ways To Give
Direct Gifts
Legally transfer cash, securities, real estate, or personal property to Texas State. In most cases, you receive an immediate income tax deduction for the full fair market value. You pay no capital gains tax on the transfer, reducing the cost of the gift to you.
Charitable Lead Trust
Pass appreciating assets on to family members while making current gifts to Texas State. You receive an immediate income tax deduction and Texas State benefits from payments from the trust for a given period of years. When the trust terminates, the remaining principal is paid to your heirs.
Charitable IRA Rollover
Satisfy the annual required minimum distribution from retirement accounts through a tax-free transfer (“qualified charitable distribution”) directly from your IRA to Texas State.
IRA Rollover Requirements: Donor must be 70.5+ at time of gift. Only traditional IRAs may be used. Rollover cap of $100K per tax year. Only public charities qualify. Distributions made directly to Texas State.
For More Information
To learn more about Estate Planning, please contact Dr. Dan Perry in the Office of Development at dperry@txstate.edu or call 512.245.4055.