Kresgee Challenge

Options for Making a Gift
to Springfield College

Cash

Gifts of cash are available for immediate use by the College and are usually fully deductible for donors who itemize deductions. Checks should be made payable to Springfield College. The College also accepts payment by all major credit cards. Direct debit from a checking or savings account is available, too.

Gifts of Securities and Mutual Fund Shares

Gifts of appreciated securities and mutual fund shares may be deducted at fair market value on the date of transfer to the College. For this option, be sure to contact the Office of Development contacting your broker alone may not ensure correct crediting of the gift to the College in your name.

IRAs/Retirement Plans

Retirement plan assets are potentially the most tax burdened assets that one may own, often subject to both income and estate tax. There are several ways to gift these asses and escape tax liabilities.

Stock Options

Use your appreciated stock to fund your gift to Springfield College, and eliminate the capital gains tax on long term gains and increase your gift. Download our stock fund gift form.

Matching Gifts

Many businesses and corporations match the personal gifts to educational institutions made by employees, retirees, and their family members. Contact your company's personnel office for more information, or click here and search our online gift clearinghouse.

Planned Gifts

Gift annuities, pooled income fund gifts, charitable remainder trusts, and charitable lead trusts are examples of some planned giving vehicles. By giving such gifts, you contribute to the College and, in most instances, increase your annual income, enjoy a tax deduction, and reduce taxes on your capital gains. For additional information, visit Springfield College's Planned Gifts page. To make a bequest gift you may include the College in your will by leaving a percentage of the estate or a specific dollar amount, or by naming Springfield College as the residual beneficiary. Estate taxes can be reduced by making a bequest.

You also may use our PG Calc Planned Gift Calculator, that can be an invaluable tool in helping you to determine the variety of financial and tax consequences in making your best financial plan.

Real Estate

Gifts of real estate can be made to the College outright, transferred to the College in a bargain sale, or used to fund a gift annuity or a unitrust. You can also contribute real estate to the College and reserve the right to occupy the property during your lifetime. Each plan has its own tax on income benefits.

Personal Property

A gift of capital assets (art objects, rare books, antiques, equipment, etc.) can be given to the College for educational purposes, or can be sold by the donor for the immediate benefit of the College.

Pledges

Pledges provide a vehicle for making a commitment over a period of time based on an agreed-upon payment schedule. Reminders of your pledge will be sent to you periodically.
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Springfield College 263 Alden Street, Springfield, MA 01109-3797 413.748.3000