Planned Giving
The Office of Planned Giving works with donors to assist them in developing a plan of support of MOC that is meaningful to them. A planned gift requires careful consideration of the financial, personal, and charitable objectives of the donors and frequently involves input from their financial and legal advisors. Many planned gifts are outright gifts. Other planned gifts are deferred where the donor retains some level of control over the assets for either one or more lifetimes or a term of years. A life income gift, such as a charitable gift annuity or a charitable remainder trust, pays income to the named beneficiary for life or a term of years. Only after the life income terminates is the gift available to MOC for the purpose designated by the donor. A properly planned gift may help you reduce or eliminate capital gains and gift and estate taxes. You may also realize immediate tax savings.
Click on the following to learn more about these gifts:
Life Income Gifts
Other Planned Gifts
Each of these gift options provides the donor with various advantages depending on the type of gift and the assets used to fund the gift. Possible benefits may include:
- the ability to totally designate how the gift will be used at MOC
- Mount Olive College Society membership
- income tax deduction or avoidance
- preferential capital gains tax treatment
- income for life or a term of years
- removal of the value of the asset from your taxable estate
- reduction in estate and gift taxes
- the personal satisfaction of making a gift to MOC
For more information on making a planned gift and the benefits you and your family might enjoy please contact Jeff Daughtry, Director of Planned Giving confidentially at (919) 658-7831 or jdaughtry@moc.edu.