Ways to Give
Many gifts to Goshen College come from current income and are in the form of cash or checks. Cash can be used to make both outright gifts and retained life income gifts. You may make a gift of cash by check, by credit card, through our Web site, or, if you are on campus, by bringing the gift to the development office. If you mail your gift of cash, the date of the gift is the postmark date on the envelope in which it is mailed. Gifts of $50,000 or more made either in a single payment or pledged over a longer period may be used to create endowed funds for special purposes. Endowed funds earn interest in perpetuity, and this interest is applied to the purpose for which the fund was created.
You can leverage your own giving if your employer offers a gift-matching program. You will be credited for the total amount, and your employer will also receive recognition in donor publications. To find out if your company matches gifts to colleges and universities, and to request a matching gift form, please contact your company’s human resources department, or email the Development Office.
You may pledge an amount to the gift opportunity of your choice and arrange to pay it in installments of up to five years.
You may create a charitable trust, annuity, or other option that benefits Goshen College and offers you substantial financial planning benefits. One of the most common options, the charitable remainder unitrust, allows you and/or another person you designate to receive yearly income for life or a specified period of time, after which the principal of the trust reverts to Goshen College to be used for a purpose you designate. We can work with you and your adviser to create the giving opportunity appropriate to your needs.
You may make a provision for Goshen College in your estate plans, assuring a legacy that lasts beyond your lifetime. All bequest intentions will be recognized; only realized bequests will be counted in annual or campaign totals.
Making a gift of marketable securities
An outright gift of appreciated marketable securities is one of the most attractive methods of realizing your charitable intentions toward Goshen College. Your gift of stocks, bonds, or other publicly traded securities entitles you to a charitable deduction equal to the full fair market value of the securities on the date of the gift, provided you have owned the securities for more than one year. In addition, you do not incur capital gains tax on the transfer of such securities to Goshen College.