NEWS BULLETIN:  TAX-FREE IRA CHARITABLE ROLLOVER EXTENDED

As part of the Emergency Economic Stabilization Act of 2008, individuals age 70 1/2 or older may now transfer any amount up to $100,000 from a traditional or Roth IRA directly to Cincinnati Christian University without claiming this transfer as income.

This legislation expires December 31, 2009.  Transfers can only be made until the end of this year.

ONLINE GIVING TO CCU

The link above will take you to an approved CCU collections organization, called Service U.

PROVIDE A LEGACY – ESTATE PLANNING GIFTS

Including CCU in your estate planning accomplishes several worthwhile objectives:

• Provides a significant legacy to CCU that will help provide the resources necessary to allow the school to continue its service to the Kingdom.
• Reduces your estate tax burden by providing a charitable deduction equal to the value of the bequest at the time of your death.
• Ensures that your property is distributed and used as you wish.

BEQUESTS

Bequests are provisions made in your Will or Living Trusts that specifically set forth the portion or actual dollar amount that you wish transferred to a charity after death.

GIFTS OF STOCK

A gift of stock has many advantages. For stock that has been held over one year and has increased in value, there are two very attractive benefits. You can avoid the capital gains tax and receive a charitable deduction for the full value of the stock if you transfer ownership of the stock to CCU. Do NOT sell the stock. We are then able to liquidate the stock and as a charity exempt from taxes, pay no gain tax on your gift.

MATCHING GIFTS

Multiply Your Impact – If your company offers a matching gift program, you can double or even triple the impact of your gift. Just obtain the necessary form from your employer, complete it, and send it with your gift.

CHARITABLE GIFT ANNUITY

Charitable gift annuities are popular gifting vehicles that allow the donor to use cash or other appreciated assets to increase income while also reducing or eliminating gift, income, and estate taxes. This gift planning option can help meet the needs of those who wish to give, but who want to make certain they have provided for their financial needs and those of their loved ones. Gift annuities have been around since 1843 when the American Bible Society issued its first gift annuity. Basically, a gift annuity is a simple contract between the donor and the University. It does not require complicated documentation, and the amount needed to fund it may be as little as $5,000.

LEARN MORE about Giving a Gift:

We will work with you to establish a plan that meets your needs. Please call us at 513-244-8131 or email Dick Devine at dick.devine@ccuniversity.edu to discuss this excellent stewardship tool. To receive a confidential, mailed to your home proposal and income profile, request your FREE “Personalized Annuity Proposal” today!

MAKE  A GIFT

Mail a financial contribution, check payable to Cincinnati Christian University, to the address below:

Cincinnati Christian University

Attn: Advancement Department

2700 Glenway Avenue

Cincinnati, OH 45204