Planned Giving at Benedictine University

Contact us
Meagan Daniel
Chief Grants Officer and Managing Director of Advancement

By mail
University Development
Benedictine University
5700 College Road
Lisle, IL 60532

E-Mail
mdaniel@ben.edu

Hours
8:30 a.m.- 4:30 p.m.

Planned Giving
Gift Giving Guide

The  Office of University Development is committed to the continued advancement of  Benedictine University. We challenge our alumni and donors to support the  University in order to transform our future and ensure the growth and  development of the institution and our students.

The following guide offers a quick look at Benedictine’s gift planning opportunities.
Each gift plays a vital role in supporting Benedictine’s mission.

Gift Vehicle Benefits Typical Assets
Charitable Gift Annuity
  • Fixed lifetime income
  • Partially tax-favored income
  • Charitable income tax deduction
  • Cash
  • Appreciated Securities
Charitable Remainder Unitrust
  • Avoidance of capital gains taxes upon sale of appreciated property
  • Lifetime variable income
  • Charitable income tax deduction
  • Tax-free diversification
  • Appreciated Securities
  • Real Estate
  • Cash
Charitable Remainder Annuity
Trust
  • Avoidance of capital gains taxes upon sale of
    appreciated property
  • Lifetime fixed income
  • Charitable income tax deduction
  • Tax-free diversification
  • Appreciated Securities
  • Cash
Charitable Lead Trust
  • Reduced gift/estate taxes
  • Fixed/variable income to Benedictine for set period
  • Assets to heirs at termination of trust
  • Cash
  • Real Estate
  • Securities
Remainder Interest in Personal
Residence or Farm
  • Charitable income tax deduction
  • Lifetime use of personal residence or farm
  • Fixed lifetime income if combined with gift annuity (available for select property)
  • Real Estate
Flexible Endowment
  • Operating endowment for immediate benefit of Benedictine University
  • Principal of endowment funded at a later date or through estate
  • Appreciated Securities
  • Real Estate
  • Cash
Charitable Bargain Sale
  • Avoidance of capital gains taxes on donated portion of property
  • Charitable income tax deduction
  • Cash from sale of property
  • Real Estate
  • Closely Held Securities
Revocable Trust
  • Benedictine University as trustee or successor trustee
  • Avoidance of probate costs
  • Succession of management if incapacitated
  • Power to control trust during life
  • Cash
  • Property
  • Appreciated Securities
  • Insurance
  • Retirement Plans
IRA Charitable Remainder Trust
  • Avoidance of recognition of income tax at death
  • Stream of income for donor’s spouse or others
  • IRA
  • 401(k)
  • 403(b)
Bequest
  • Control and benefit of assets during life
  • Reduced estate and income taxes
  • Cash
  • Property
  • Securities
  • Insurance
  • Retirement Plans

 

  Irrevocable gifts that  provide lifetime income
   
  Miscellaneous gift planning tools
   
  Revocable gifts

 

 

 


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News
May 16, 2013
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May 13, 2013
Benedictine names Springfield branch campus president
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May 13, 2013
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