Gift Planning is an art that combines financial planning, estate planning and tax planning techniques to enable friends to make gifts of surprising significance, often with dramatic tax and financial rewards. The need for careful gift planning becomes clear when the basic questions involved in making an important gift are considered . . . . .

*Scholarships:   Support students directly through a general scholarship or one restricted by curriculum, geographics or recipient. The scholarship may be self-sustaining by initial endowment or funded annually.

*Special Projects:   Designate a particular program or project to support. Current examples would include: The ABAC Athletic Complex, the Agricultural Engineering Technology Building, the Parker Poe Trust Challenge, and the new Agricultural Sciences.

*Greatest Need:   Unrestricted gifts support programs and projects selected by the ABAC Foundation Trustees on the basis of merit and need which may include scholarships, physical improvements and equipment, college activities and programs, faculty/staff development, college promotions and public relations, and Foundation fund raising and administrative costs.

*Immediate Giving:   Gifts of investment assets including cash, stock, bonds and savings bonds, mutual funds, in-kind gifts, life insurance, real estate or other types of appreciated property.

*Estate Planning:   Gifts through an estate plan which may consider wills, living trusts, retirement assets, and gift annuities.

*Memorial or Honorarium:   Establish a gift in memory or in honor of a loved one or special friend.

*Personal Satisfaction:   Meet your personal philanthropic goals and gain maximum tax rewards, maintain financial security and make a truly meaningful contribution.

 

Administrative Giving Details

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