Tax-Advantaged Giving and Create Income Flow

When you give strategically, using tax-embedded assets – those with a unique taxable nature – or through various charitable giving vehicles and tools, you can support Wheaton and maximize gifts to your loved ones, all while minimizing taxes!

Tax-Embedded Assets – Ideal “Bucket” for Charitable Giving

Both are ideal “buckets” for charitable giving because the charity can receive them without incurring tax!

• Individuals typically must pay taxes when they withdraw funds from traditional retirement accounts, whether they are the account owner or have inherited the account after the owner passed away.
  • You can simply include Wheaton College on your retirement account beneficiary designation form
• Appreciated assets have increased in value since they were acquired – and tax will be due on any gain. 

Charitable Giving Vehicles and Tools with Tax Benefits

Provide income to you or loved ones for several years through a Gift Annuity or a Charitable Remainder Unitrust. Other benefits include:

• A charitable income tax deduction
• If funded with appreciated assets, avoid initial capital gains tax that would be due at a sale – and remaining gains are spread out over years of payments
• Significant gift to support Wheaton College!

Other Vehicles and Tools

• Wheaton College Donor Advised Fund
• IRA Qualified Charitable Distribution