However, the value of the donated grain cannot be used as a charitable deduction when calculating your federal income tax liability. The donor delivers grain to an elevator for Bethel College and informs the college of this gift. Bethel will direct the sale of the grain. Gifts of Life Insurance Donate your paid-up policy or an existing policy. All future premium payments paid to the college by the donor are tax deductible.
Many corporations match gifts to institutions of higher learning.
Investigate if your employer has a Matching Gift Program. Memorial Gifts Memorials can be designated to the annual fund, an established special project or an endowment fund. Several opportunities include Charitable Gift Annuity, Charitable Annuity Trust, Charitable Remainder Unitrust and Pooled Income Fund.