Planned gifts are donations made to St. Olaf as part of a donor’s overall financial or estate plan. With a little forethought and planning you can make a significant gift to the college without affecting your current lifestyle or your family’s security.
You don’t have to be wealthy to consider a planned gift. By using common financial tools — insurance policies, retirement accounts, trusts, charitable gift annuities, and more — you can maximize your assets and leave a larger legacy than you might have imagined. In doing so, you play a vital role in the future of the college.
Gifts from a will or living trust are among the most common and most impactful planned gifts.
If you’ve ever wanted to make a significant gift to St. Olaf but didn’t want to sacrifice potential income from the gifted assets, a “life income gift” might be right for you.
Qualified retirement plan assets are popular planned gift vehicles due to the unique tax advantages they present and the ease with which a donor can update disbursement instructions.
In addition to ensuring the financial well-being of your loved ones, a life insurance policy is a powerful philanthropic tool for you and St. Olaf. Moreover, the gift arrangement can often be made with little or no additional long-term costs to you.
The Manitou Heights Society recognizes and honors the alumni, parents, and friends who have made planned gifts St. Olaf College.
Is St. Olaf already in your estate plan? Inform us of your intentions by completing a letter of intent.
Unsure where to begin with planned giving? Let us help.