Giving

Planned Gifts and Gifts Through Your Estate

Michigan Tech sustains high-quality educational programs because of the generosity of alumni and friends. Although Michigan Technological University is a public institution, it receives less than one-fourth of its funding from state appropriations. Support from private donors benefits students, faculty, and programs in many essential ways:

  • A strong endowment attracts the top faculty members needed for Michigan Tech to be one of the world’s premier technological research universities.
  • Scholarships and fellowships attract top students and allow them to better concentrate on their studies.
  • Research fosters innovation that promotes sustainable economic and social development in Michigan, the nation, and the world.
  • Capital projects ensure that our students and faculty have the first-rate facilities and cutting-edge technology needed for great ideas and great solutions.
  • Unrestricted gifts provide crucial, flexible resources that allow the University to respond to today’s greatest needs.

Gifts of all sizes are deeply appreciated. There are many ways to accomplish these gifts, and one of the most effective means is a planned gift through the Michigan Tech Fund.

A planned gift enables you to assist Michigan Tech in its mission of preparing students to create the future—while also allowing you to take maximum advantage of federal tax laws to accomplish your financial and charitable goals.

Life Income Gifts

Life income gifts are an effective way to contribute assets to Michigan Tech while still keeping an income for yourself and others.

 

Charitable Gift Annuity

Transfer assets to the Michigan Tech Fund which makes fixed payments to you for life that begin immediately.

Your Benefits

  • Fixed income for life
  • Immediate income tax deduction
  • Partial tax-free income
  • Partial avoidance of capital gains tax on gifts of appreciated assets

Deferred Charitable Gift Annuity

Transfer assets to the Michigan Tech Fund which makes fixed payments to you for life that begin at a future date selected by you.

Your Benefits

  • Fixed income for life beginning at set date
  • Immediate income tax deduction
  • Partial tax-free income
  • Partial avoidance of capital gains tax on gifts of appreciated assets
  • Removal of assets from taxable estate

Charitable Remainder Unitrust

Transfer assets to a bank or trust company to fund a charitable trust which makes variable income payments to you for life or a term of years

Your Benefits

  • Variable income for life or term of trust
  • Immediate income tax deduction
  • Avoidance of capital gains tax on gifts of appreciated assets
  • Removal of assets from taxable estate

Charitable Remainder Annuity Trust

Transfer assets to a bank or trust company to fund a charitable trust which makes fixed income payments to you for life or a term of years

Your Benefits

  • Fixed income for life or term of trust
  • Immediate income tax deduction
  • Avoidance of capital gains tax on gifts of appreciated assets
  • Removal of assets from taxable estate

Pooled Income Fund

Transfer assets to the Michigan Tech Fund’s pooled income fund which makes variable payments to you for life

Your Benefits

  • Variable income for life
  • Immediate income tax deduction
  • Avoidance of capital gains tax on gifts of appreciated securities
  • Removal of assets from taxable estate

 

  

Endowment Gifts—Create Your Lasting Legacy

Use any combination of outright, deferred, and life income gifts to establish a named endowed fund that will provide a perpetual stream of income to the Tech program of your choice. The size of the University’s overall endowment is perhaps the single most important factor in our ability to accomplish our goals and vision.