Gifts from a will or living trust are among the most common and most impactful planned gifts.
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.
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.
Creating mutual benefit: a win-win
“For investors over age 65, this kind of deferred gift belongs in all of our portfolios. I view a charitable gift annuity as a win-win situation because we get a good rate of fixed income now, and the college benefits years from now. Plus, part of our annuity income is tax-free.”
— Linda and Conrad Freeman ’59
Securing the future for Ole musicians
“St. Olaf is unique in having such superb balance and quality among its musical ensembles. It is rewarding for us to experience music performed by Oles. In our estate planning we had a choice between giving money to the government or to St. Olaf. Giving this gift was a really easy choice for us.”
— Donna and Mike Wolsted
A transformative experience
“My parents instilled in me the idea that we all should support places that have had an impact on us. My experience at St. Olaf was transformative, so I wanted to include St. Olaf in our estate plan.”
— Beth McDowell Baldwin ’90