Income Options

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There are gift options that allow you to give and receive. Some gifts to Wooster can pay income to you, your spouse, or other loved ones. The tax and income benefits of these gifts may allow you to make a larger gift than you thought possible. Consider these options.

 

Income gifts to College of Wooster

 

Charitable Gift Annuities

A charitable gift annuity is a way to make a gift to The College of Wooster, receive income for yourself or others and be entitled to a current income tax deduction for a portion of the assets given to fund the gift annuity.

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Charitable Remainder Trusts

A charitable remainder trust is a way to make a gift to The College of Wooster and receive income for yourself or others.  This trust offers the flexibility of variable income or a fixed annuity.  You can reduce capital gains taxes when you fund a charitable remainder trust with appreciated securities.  You will be entitled to a current income tax deduction for a portion of the assets given to fund the remainder trust.

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