Loras College has enriched the quality of life for many since its founding by Bishop Mathias Loras in 1839. Former students, teachers, parents and friends look for ways to provide financial support to sustain and enhance the efforts of Loras College. Since all of the costs of educating a student are not borne by tuition, there is a real need for additional support from endowment, gifts, grants and bequests to lessen our dependence on tuition.
Making a significant charitable contribution reflects the changing needs and wishes of donors. Planned giving, a combination of outright and deferred gifts, is a promise to the future of Loras College. It includes any carefully considered gift related to estate or financial planning. The planned gift can also have great benefit to the giver, maximizing the effect of the gift.
Some benefits to you include:
- Tax savings for the value of the gift by the charitable deduction
- Avoidance of the capital gain tax on certain contributions of long-term capital gain property
- Lifetime retention of income for you and other beneficiaries
- Increased spendable income with certain gifting arrangements
- Elimination of federal estate taxes on property passing to a charity after the death of the donor
- Reduced estate settlement costs
- Lessened or eliminated state income, inheritance, estate and gift taxes
Where to Begin My Planning?
If you would like to explore Loras’ planned giving opportunities, simply contact the Loras College Development Office. Your inquiry will be answered in a confidential manner and we can assist you in deciding the best possible arrangement to benefit you and your family. We also welcome the opportunity to discuss with you how your gift might be invested to ensure the future of Loras College and our students as they strive to become active learners, reflective thinkers, ethical decision makers and responsible contributors to their communities.
Contact Us:
Donald Freymann
Director of Planned Giving
Phone: (563) 588-7329
E-mail: Donald.freymann@loras.edu
