St. Joe’s shaped your story. What will your legacy be?

• Cash
• Appreciated Securities
• IRA rollover
• Bequest
• Retirement Plan Asset Beneficiary Designation
• Charitable Remainder Trusts
• Real Estate
   

Gift of Cash

How it works:

1. You send a check, wire funds, or contribute online.
2. Saint Joseph’s University uses your donation for the purpose you have specified.

Benefits:

• Use the simplest asset to make your donation – no appraisal or acceptance requirements as with gifts of appreciated property.
• Deliver a gift that benefits Saint Joseph's University immediately.
• Receive a full charitable deduction and apply it against a larger percentage of your taxable income than a deduction for a property gift.

Make Your Gift Now

Gift of Appreciated Securities

How it works:

1. You transfer securities to Saint Joseph's University.
2. Saint Joseph's University immediately sells your securities and uses the proceeds as you have directed.

Benefits:

• You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date they are received by Saint Joseph's University, no matter what you originally paid for them.
• You pay no capital gains tax on the securities you donate.
• You have the satisfaction of making a significant outright gift to Saint Joseph's University now, or funding a gift that pays income for life (life-income gift) and benefits Saint Joseph's University later.

Gift by IRA Charitable Rollover

How it works:

1. If you are 70 1/2 years old or older, you can take advantage of a simple way to give to Saint Joseph's University and receive tax benefits in return.
2. You can give up to $105,000 from your IRA directly to Saint Joseph's University without having to pay income taxes on the money.

Benefits:

• Your gift will be put to use today, allowing you to make a difference now.
• You pay no income taxes on the gift. The transfer generates neither taxable income tax nor a tax deduction, so you benefit even if you do not itemize your deductions.
• If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.

Contact your IRA account provider or Saint Joseph's University’s Office of Gift Planning, at 610-660-1968 or giftplanning@sju.edu

Gift by Will or Living Trust (Bequest)

How it works:

1. You can provide now for a future gift to Saint Joseph's University by including a bequest provision in your will or living trust.
2. Saint Joseph's University eventually receives the gift and uses it for the purpose you specified.
   
   Sample language:
   "I give to Saint Joseph’s University, a nonprofit corporation currently located at 5600 City Avenue, Philadelphia, PA 19131, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

Benefits:

• Your assets remain in your control during your lifetime.
• You can direct your bequest to a particular purpose (be sure to communicate with Saint Joseph's University to ensure your gift will be used as you intended).
• There is no upper limit on the estate tax deductions that can be taken for charitable requests.
• You have the satisfaction of knowing that your gift will eventually benefit Saint Joseph's University.

Gift of Retirement Plan Assets

How it works:

1. Retirement plan assets will be distributed upon your passing through a beneficiary designation form, not through your will.
2. You name Saint Joseph's University as a beneficiary of your IRA, 401(k), 403(b) or other qualified retirement plan, perhaps secondary to your spouse. After your lifetime, your plan pass is tax-free to your spouse and provides income for his or her lifetime. Your spouse names Saint Joseph's University as the primary beneficiary on the retirement plan.
3. After your spouse’s passing, 100% of your plan passes to SJU tax free and will be used as you directed. If it was left to a person(s), up to 70% could be taken as personal income and estate taxes.

Benefits:

• You can continue to take withdrawals during your lifetime.
• Should your spouse be your plan’s primary beneficiary, he or she will take withdrawals during his or her lifetime after you are gone.
• You can escape both personal income AND estate tax levied on the balance left in your retirement account by leaving it to Saint Joseph's University.
• Give the most-often taxed asset in your estate to Saint Joseph's University, and leave more favorably taxed property to your heirs.
• You have the satisfaction of knowing you will eventually support Saint Joseph's University.

Charitable Remainder Unitrust / Annuity Trust

How it works:

1. You transfer cash, securities or other appreciated property into your choice of charitable remainder trust.
2. If you choose a unitrust, it pays a percentage of the value of its principal (minimum: 5%), which is revalued annually, to you or to beneficiaries you name for your lifetime or their lifetimes or for a term of years. If you choose an annuity trust, it makes fixed annual payments to you or to beneficiaries you name.
3. When your trust terminates, the remainder passes to Saint Joseph's University and is used in the manner you specified in the trust agreement.

Benefits:

• You receive an immediate income tax deduction for a portion of your contribution to the trust and you pay no upfront capital gains tax on appreciated assets you donate.
• You or your designated beneficiaries receive income for life or a term of years.
• If you choose a unitrust, you may be able to make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.
• You have the satisfaction of making a significant gift that benefits you or your designated beneficiaries now and supports Saint Joseph's University in the future.

Gift of Real Estate

How it works:

1. You deed your home, a commercial building, or investment property to Saint Joseph's University.
2. Saint Joseph’s University may use the property for its own purposes, or, more likely, will sell it and use the proceeds as you have directed.

Benefits:

• You receive an income tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
• You pay no capital gains tax on the transfer.
• You can direct the proceeds from your gift to a specific fund or purpose.
• You have the satisfaction of supporting Saint Joseph's University.

How Saint Joseph's University honors those who include the University in their estate plans. 

How it works:

1. Membership is earned by:
   • Providing a bequest in your will or living trust, or 
   • Naming SJU as a beneficiary of a retirement plan or life insurance policy, or 
   • Establishing a gift that pays you income for Life. 
2. The Office of Gift Planning can assist you and your advisors in planning the right gift for you tailored to your specific circumstances. 
3. Once you have planned your gift, please let us know so that we may recognize your philanthropy. 

Benefits:

• Directs your gift to a particular purpose such as scholarships, academic programs, or athletics. 
• Invitations to special University events.
• A specially-designed pin signifying membership. 
• Recognition at University events and in publications. 

Learn More About The Ignatian Society

Securities can be wire transferred through DTC to Saint Joseph’s University's account at our broker, Merrill Lynch. 

Account Name: Saint Joseph's University 
DTC #: 8862 
Account #: 870-04728 
Tax ID #:  23-1352674 

Mutual Funds: If the mutual fund is DTC eligible, it should be transferable through the DTC process. However, if it is not DTC eligible, your broker should contact Merrill Lynch and get a Bank Identification Number (BIN).

Saint Joseph's University’s representative at Merrill Lynch can be reached at 610-668-6167.