Current Gift Plan

A Current Gift Plan

Planned gifts are a very effective strategy for both supporting Whitman and providing for you and your loved ones. The next step is to consider if you would prefer to provide a fixed income, variable income, or lump sum for yourself or other beneficiaries.

• Fixed Income
• Variable Income
• Lump Sum

Fixed Income

There are two main methods to provide a fixed income through gift planning. A gift annuities creates an income stream for up to two beneficiaries per contract and the payments are guaranteed by the full faith and credit of Whitman College. A charitable remainder annuity Trust (CRAT) distributes a fixed dollar to multiple beneficiaries with payments supported by the asset held by the trust.

More information about gift annuities
Calculate a gift annuity
More information about charitable remainder annuity trusts
Calculate a charitable remainder annuity trust

Variable Income

Donors interested in an income stream that will vary based on the investment performance of the trust should consider a charitable remainder unitrust (CRUT). A charitable remainder unitrust distributes a fixed percentage of the value of trust based on an annual revaluation. As the value of the trust changes over time, typically increasing, the payments from the trust will adjust correspondingly. Charitable remainder trusts are also very useful when donating illiquid assets, such as real estate.

More information about charitable remainder unitrusts
Calculate a charitable remainder unitrust

Lump Sum

Donors interested in providing a lump sum to heirs with impressive tax benefits should consider a lead trust. A lead trust will provide annual payments to Whitman for a term of years designated by the donors. After the term has expired, the lead trust will terminate and all assets remaining in the trust will pass to heirs. The unique nature of certain lead trusts can provide a significant lump sum to heirs with no gift or estate tax.

More information about lead trusts
Calculate your lead trust

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