Charitable incentives in the tax laws offer many opportunities for you to assist Hannibal-LaGrange College in reaching its goals, while protecting or even strengthening your own financial objectives. Both outright and deferred gifts are tax deductible, reducing the net cost of the gift to the donor. While tax advantages are rarely the primary motive for giving, they often play a role in determining how the gift should be made and how large it should be. The college's Institutional Advancement staff is available by appointment to provide important information in addition to what follows about giving plans. Generally, the higher your tax rate, the greater your savings.
Pledges are deductible in the year of payment.
Matching Gifts Matching gifts typically come from your employer, usually based on a formula reflecting the size of your personal gift. Marketable Securities Marketable securities may be assigned directly to the college or transferred through your broker. The amount of your contribution is the fair market value on the day of the transfer. A gift of securities avoids a capital gains tax and is an excellent vehicle for making a substantial gift or payment on a pledge. An often overlooked opportunity for charitable giving is real estate.