Give for the Future

Support the college by planning for future giving through gifts of life insurance and retirement plans; bequests, and other contributions made through a donor's estate.

  • Bequest - Designate the Samuel Ginn College of Engineering via the Auburn University Foundation as a beneficiary of a will, living trust or retirement plan.

  • Life Insurance - Designate the Samuel Ginn College of Engineering via the Auburn University Foundation, as the owner and beneficiary of a life insurance policy. The donor may take a charitable deduction approximately equal to the policy cash surrender value at the time of the gift.

  • Retirement Accounts - Name the College via the Auburn University Foundation as the primary beneficiary of a retirement account with the value being fully deductible for estate tax purposes. Furthermore, income in respect of a decedent is avoided since the Foundation is a tax-exempt entity.

  • Charitable Lead Trusts - Designate the college via the Auburn University Foundation to receive income from the donor's assets for a specified time, after which the asset is transferred back to the donor or to the donor's heirs. Many donors like this arrangement because it keeps assets in the family and gives immediate help for the College's funding needs. Charitable lead trusts can be created while you are alive or through your will.

  • Gift Annuities - Choose these simple contracts under which the donor transfers assets to the College, which in return provides life income to the donor and up to one other individual.

  • Retained Life Estate - Transfer a personal residence or farm to the Foundation/College, while retaining the right to live there for life. You will be entitled to a charitable income tax deduction for a portion of the appraised fair market value of the property at the time of the transfer.

  • Charitable Remainder Trusts - Create a charitable remainder trust by transferring your assets to a trust that allows you or a another beneficiary to receive income from that trust until a time you specify, at which point the "remainder" will go the College.

Get more information on a variety of estate planning and planned giving topics.