Designing your Gift means finding the right gift type to meet your needs, interests and passions. Each type provides tax relief to you as the donor or your estate, while life income and trust gift types provide both tax relief and additional income. Your bequest allows you full control of your finances, while creating a legacy to benefit students at Baldwin-Wallace College - the gift of a lifetime!
Outright:
A simple way to support B-W is through gifts of cash, check or securities. Outright gifts provide largely for current needs of the College. Annual Fund gifts support scholarship, improve campus facilities and encourage faculty development, to name a few.Opportunities exist to direct your gift to a specific program or purpose. For example, donors have helped to purchase science equipment, plant trees on campus, establish Conservatory scholarships or endow SPROUT , our program assisting single mothers to obtain their college degree.
Contact Paul "Sparky" Adams '69 pladams@bw.edu, Director of The Annual Fund at (440) 826-2136.
Life Income: Since 1891, Baldwin-Wallace College has provided donors with opportunities to support the College while receiving income from their gifts.
B-W offered its first gift annuity in 1891. This rich tradition remains an easy-to-understand written agreement between you and B-W. As the gift is made, the College agrees to pay income to you, your spouse/partner and/or other recipient. These payments last for the life (lives) of the income recipient(s).
Another popular option is the charitable remainder trust . Charitable trusts provide a donor(s) with an income stream, plus provide the option of tailoring the agreement to fit a donor's unique circumstances--adjusting the percentage payout rate, the term of the payment and even the investment "mix" of the trust.
Through its relationship with The United Methodist Church, Baldwin-Wallace offers participation in the Pooled Income Fund of the West Ohio Conference. The fund accepts donations earmarked for eventual distribution to B-W. Donors receive an income distribution based upon investment performance of the fund.
Bequests: Do you have a will? If not, the government essentially writes one for you - distributing your property to heirs according to a set pattern, without regard to your actual wishes. That's why it's essential for everyone to draft a will and keep it updated to reflect your specific intentions and to leave the kind of legacy that celebrates your life and ideals.
We encourage you to meet with an estate planning attorney to discuss ways to include a bequest to Baldwin-Wallace College in your Will. We are ready to assist you and will work with your advisor, offering sample language or providing specific information on college programs worthy of your support.
Gifts from your IRA: Click here for more information.
Contact Tom Konkoly '68 tkonkoly@bw.edu or Mike Walczak mwalczak@bw.edu for more information on life income gifts and bequests. You may also call us at (440) 826-2136.
Thank you.
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