Archive for the ‘Ways To Give’ Category

Annual Fund

Posted on: January 15th, 2014 by Steve Wilkison

The impact of the Annual Fund is felt in every area of the College, with these gifts supporting annual operations. The dollars raised provide for a variety of needs including classroom equipment, studio equipment, faculty and student community outreach initiatives, library acquisitions and exhibitions.

Annual Fund Giving Levels & Benefits:

Friend ($100–$249)
Benefactor ($250–$499)
Patron ($500–$999)
Samuel Watkins Society ($1,000–$2,499)
President’s Circle ($2,500–$4,999)
Trustees’ Circle ($5,000–$9,999)
Commissioners’ Society ($10,000 and above)

The Annual Fund drive ends each June 30; however, gifts and pledges are received year-round.

Major Gifts

Posted on: January 14th, 2014 by Steve Wilkison

Capital Campaign Gifts, Named Gifts and Memorials

Major Gifts secure the future of the College by providing funds to build buildings, create new spaces, establish programs, provide scholarships, and allow the planning and completion of a variety of other long-term activities. Major Gifts – unrestricted or donor designated, named or anonymous – will shape the future of the College for centuries to come.

Planned Giving

Posted on: January 13th, 2014 by Steve Wilkison

Bequest
You may include the College in your will for a specific amount, a percentage of your estate, or a remainder gift after bequests to other interests have been paid. This may be done by simply adding a codicil to your existing will. A bequest provides an estate tax deduction for the donor. The staff in the Office of Institutional Advancement at Watkins can assist you in documenting your intention to strengthen Watkins College of Art, Design & Film with a gift from your estate.

Life Insurance
This option allows you to make a substantial gift to Watkins College of Art, Design & Film. When you make Watkins the owner and beneficiary of a new policy, your premium payments are fully deductible, and the policy’s value is not part of your taxable estate. With an existing policy, you are entitled to an immediate income tax benefit. Or, you can name Watkins as the policy beneficiary for a federal estate deduction for the entire amount at your death.

Charitable Trust
A variety of Charitable Trusts allow income-tax deductions and add to your current income for yourself and/or a beneficiary, while also giving you the satisfaction of making a substantial gift to Watkins. Trust may provide fixed payouts, or variable annual payments to the donor. A trust may be funded with cash, appreciated securities, or real estate.

Real Estate Gifts with Retained Life Interest
With a gift of property, you can continue to live at a personal residence and avoid future capital-gain tax on the property’s appreciation when you make the property a gift to Watkins College of Art, Design & Film.

Gifts Of Securities

Posted on: January 12th, 2014 by Steve Wilkison

These gifts offer the same benefits as an outright gift of cash, but can offer added tax benefits to the donor. For information on transferring gifts of securities, please contact one of the Office of Institutional Advancement officers listed below.