Planned Giving

A planned gift is one that is made today and will be received by the Chippewa Valley Technical College in the future.

The following planned or deferred giving opportunities are available:

Wills

A bequest in a will is a popular deferred giving option because it provides estate tax benefits. There are four types of bequests:

• Restrictive bequest - is restricted for a specific purpose
• Unrestrictive bequest - is flexible because it can be used for the college's greatest need
• Endowed bequest - allows the fund principal to be preserved and the income to be used for specific purposes.
• Contingent bequest - names CVTC as a contingent beneficiary in case the initial beneficiary predeceases the donor. Naming CVTC as a contingent beneficiary is a way to ensure that assets do not get caught up in probate.

Benefits to You
Gifts made to CVTC are 100% tax deductible, and by planning a gift to CVTC through your will, it provides you with the opportunity to make a substantial future gift to CVTC.

Charitable Remainder Trust

Charitable Remainder Trust allows the donor to make a charitable contribution of long term capital gain to CVTC while the donor retains the trust's income for either a specific term of years or for life.

Benefits to You
The gift of a trust provides an immediate tax deduction for a portion of the trust's principal value. This value is based on trust provisions and the age of the beneficiaries, the avoidance of capital gains taxes, and the opportunity to increase income by converting low income assets into high income assets. The gift of a trust also provides an income stream for you and/or named beneficiaries.

Charitable Lead Trust

Charitable Lead Trust provides a gift of income interest from assets to the CVTC Foundation for a set length of time. After the term is expired, the property either reverts to the donor or passes to a beneficiary.

Benefits to You
The gift of a Charitable Lead Trust provides you with the opportunity to retain and transfer appreciated property to family members at a low cost, while realizing estate tax savings.

Charitable & Deferred Gift Annuities

Charitable and Deferred Gift Annuities provide the donor with an opportunity to transfer cash or securities to the Foundation in return for which the donor will receive an agreed upon annuity for life. Long term appreciated securities are an exceptional way to establish a charitable gift to Chippewa Valley Technical College.

Benefits to You
A gift annuity provides you with an immediate charitable tax deduction and an increase in your disposable income; a fixed payout that offers the security of a guaranteed income for life; and the opportunity to provide income for yourself or other named beneficiaries.

Unitrust

Unitrust provides you with the opportunity to combine life income with a gift to the CVTC Foundation. Unitrusts provide an excellent way for donors to increase their income by converting low-income assets into high-income assets.

Benefits to You
This gift provides you with an immediate charitable tax deduction, the avoidance of capital gains taxes and the opportunity to make a larger gift to the CVTC Foundation than otherwise might have been possible.

Life Insurance

Life insurance provides you with the opportunity to give new life insurance policies or paid policies to the CVTC Foundation. CVTC becomes the sole beneficiary and owner of the life insurance policy upon transfer.

Benefits to You
This gift yields an immediate charitable tax deduction and at the same time provides a significant donation to Chippewa Valley Technical College.