Disclaimer - The information provided below is of a general character only, as the College and its personnel are not engaged in rendering legal or tax advisory services. For advice and assistance in specific cases, please consult with your attorney or other professional adviser. State laws govern wills, trusts, and charitable gifts made in a contractual agreement, and advice from legal counsel should be sought when considering these types of gifts. Gift Types - deciding the type of assets to give. The simplest, most direct way of making a gift to Gustavus, outright cash gifts put the donor's money to work for the College almost immediately.
Donors can also use their credit cards to make a gift.
The College accepts Visa, Mastercard, and American Express. Securities Charitable gifts of stocks and bonds are especially beneficial for many people due to the incentives presented in the U.S. tax system , particularly when the security has increased in value since it was acquired. When a gift of appreciated securities is made, the donor will generally not have to pay capital gains tax that would be due if the securities had been sold, and the donor receives a charitable tax deduction for the market value of the securities on the date of the gift. Whether the property has increased or decreased in value, real estate can be practical and advantageous to give. Gifts of real estate can have special benefits for both the donor and recipient .