GIVING AT AUGSBURG - How to Give
Help ensure that Augsburg's transforming education is available for generations of students to come by generously giving to our capital campaign. Support Augsburg today.
Giving to Augsburg College is easy: just choose the method that is right for you.
What to Give
All gifts are tax deductible. They include outright gifts of cash, securities, life insurance policies and other personal property, real estate, planned gifts, charitable gift annuities, and charitable remainder trusts.
Multiply the Impact of Your Gift
Your gift to Augsburg College may be eligible for a corporate matching gift. Find out about Matching Gift opportunities with your company.
How to give to Augsburg College:
Check: Send your check to Office of Institutional Advancement, Augsburg College, 2211 Riverside Avenue, CB 142, Minneapolis, MN 55454. Checks should be made payable to Augsburg College. Please contact Kevin Healy, Director of Advancement Services with any questions, 612-330-1619 or healyk@augsburg.edu.
Online: Giving online is fast, easy and secure. Click here to be immediately directed to the Online Giving form, or click on the "Give Now" link at the left. Concerned about privacy? Read our privacy policy.
Types of Giving
Stock
Consider a gift of stock or mutual funds to Augsburg College if your investment portfolio includes highly appreciated, low-yielding stock or mutual funds. Your appreciated securities may be exempt from capital gains taxes when you transfer them to Augsburg College and you may receive a tax deduction equal to the market value of the securities at the time they are transferred.
Wills & Revocable Living Trusts
Through planned giving, your will allows you to remember your loved ones as well as Augsburg College. You can choose from several ways to bequest a gift through your will. You can include Augsburg in a revocable living trust as well.
Charitable Gift Annuities
Consider a charitable gift annuity to Augsburg College and receive income for life. Income from the gift can also apply to a second beneficiary. You may also want to consider a deferred gift annuity. The income you receive is determined by the amount of your gift and the ages of the income recipients.
Benefits you receive from gift annuities include an immediate income tax deduction, a partially tax-free income for life, and reduced capital gains if you use appreciated securities to establish the annuity.
Charitable Remainder Trusts
With a charitable remainder trust you can convert highly appreciated securities or real estate into income for life or a term of years and not incur capital gains tax when the asset is sold. Augsburg College applies the remainder to its endowment at termination of the trust. The benefits to you include a significant income tax deduction, income for life or a set number of years, no capital gains tax if appreciated assets are used, and potentially reduced estate taxes and probate costs.
Retirement Plans and Life Insurance
Retirement plans, unfortunately, are double taxed when passed on to heirs. The retirement plan amount is subject to estate taxes and your heir(s) must pay income taxes on the plan. However, by naming Augsburg College as the primary beneficiary of your 401(k), pension, or other retirement plan, you avoid all income and estate taxes on your plan.
Life insurance is another way to give to Augsburg College, particularly if you no longer need the benefits of your life insurance policy. When you name Augsburg College as the beneficiary and assign ownership to Augsburg, you'll receive a charitable deduction and you may also reduce your estate taxes.
Charitable Lead Trusts
This unique estate planning option has advantages for you and your family in the long term and provides an income stream to Augsburg College in the short term. If your assets are expected to appreciate in value, a charitable lead trust is an excellent way to transfer them to your heirs. It also is beneficial if you anticipate substantial estate and gift tax liability.
Real Estate
Another advantageous way to provide a gift to Augsburg College is through real estate. This might include your personal residence or vacation home, commercial property, or even vacant land. In the right circumstances, the benefits and possibilities are many.
