Tax-Advantaged Giving and Create Income Flow

Tax-Embedded Assets – Ideal “Bucket” for Charitable Giving

When you give strategically, using tax-embedded assets – those with a unique taxable nature – or through various charitable giving vehicles and tools, you can support Wheaton and maximize gifts to your loved ones, all while minimizing taxes!

Both are ideal “buckets” for charitable giving because the charity can receive them without incurring tax!

• Individuals typically must pay taxes when they withdraw funds from traditional retirement accounts, whether they are the account owner or have inherited the account after the owner passed away.
  • You can simply include Wheaton College on your retirement account beneficiary designation form
• Appreciated assets have increased in value since they were acquired – and tax will be due on any gain. 

Charitable Giving Vehicles and Tools with Tax Benefits

Provide income to you or loved ones for several years through a Gift Annuity or a Charitable Remainder Unitrust. Other benefits include:

• A charitable income tax deduction
• If funded with appreciated assets, avoid initial capital gains tax that would be due at a sale – and remaining gains are spread out over years of payments
• Significant gift to support Wheaton College!

Other Vehicles and Tools

• Wheaton College Donor Advised Fund
• IRA Qualified Charitable Distribution