There are a variety of methods in which you can make a gift to Dean College. The Office of Institutional Advancement is always available to review and discuss in more detail ways you can support Dean. The following are types of gifts you can make to show your support.
Cash
Gifts of cash make funds available for immediate use by Dean College and are fully tax deductible for donors who itemize deductions. Checks should be made payable to Dean College. The College also accepts contributions made by Visa, American Express, and MasterCard, as well as direct debit contributions from a checking or savings account.
Securities and Mutual Fund Shares
Gifts of long-term, appreciated securities and mutual fund shares offer donors the benefits of deducting the gift (at fair market value) on the date of transfer to Dean College, thereby avoiding capital gains tax on the appreciation of the stock.
Matching Gifts
Many businesses and corporations match their employees' gifts to educational institutions. Please check with your company's human resources department to see whether your company has such a program.
Gift Pledges
Pledges allow you to make a commitment to be given to the College over a period of time (usually not more than five years) based on an agreed-upon schedule of payment.
There are many ways to create your own legacy at Dean College, some of which involve careful planning. We are happy to discuss these possibilities with you and to provide any additional information you may need.
For help with the following planned giving options, please contact John Feeley, Assistant Vice President of Institutional Advancement at (508) 541-1657.
Bequests
Bequests are a meaningful way for alumni, parents, and friends to be a part of Dean College’s ongoing mission. Including the College in your will, retirement plan, or life insurance policy are three possible ways of making your bequest. Please contact John Feeley, Assistant Vice President of Institutional Advancement at (508) 541-1567 for draft language for your bequest, information on how a bequest can reduce your estate taxes, or to discuss your plans.
Charitable Remainder Trusts
An annuity or unitrust can be established by transferring cash or appreciated property (stock or real estate) to Dean College. The College, as trustee, manages the trust for you or your appointed beneficiaries. You receive an annual income of at least five percent from the trust for the remainder of your life or your beneficiaries' lifetimes, or for a term of years. You also receive a charitable deduction for your gift and, if appreciated property is used to fund the trust, you avoid the capital gains tax on the sale of the asset.
Charitable Gift Annuities
This form of giving allows you to transfer cash or securities to the College in return for an annuity that pays you or your appointed beneficiary a fixed income for life. The charitable deduction depends on the age of your beneficiaries, the annuity rate of yield, and the amount of your gift. Dean College pays charitable gift annuity income quarterly.
Charitable Lead Trusts
Donors with substantial assets whose estates, under current tax law, will be taxed at a higher rate, a lead trust offers a way to make a significant gift to Dean College, while at the same time benefiting their heirs.
You may make an outright gift of real estate to the College or transfer the property into a charitable trust. You may also contribute real estate to the College while reserving the right to occupy the property. Each plan has its own unique tax and income bracket.
A gift of capital assets—art, rare objects, equipment, antiques, etc.—can sometimes be given for educational purposes for the immediate benefit of the College. In order to ensure full deductibility, such gifts must possess a "related use" for the College.
John Feeley
Assistant Vice President of Leadership Gifts
508-541-1657
jfeeley@dean.edu