Types of Gifts

Annual Gifts

Annual gifts provide a unique opportunity for alumni, parents, and friends to ensure the continued success of Becker College. Annual gifts support new programs, initiatives, scholarships, and ongoing campus improvements.

Your annual gift through The Becker Fund will help advance the mission of Becker College.

Did you know?

• A gift to Becker’s Annual Fund supports annual scholarships, academic achievement, historic preservation, new programs, and more.
• The higher the percentage of Becker alumni who contribute, the more qualified we become to receive grants and foundation awards.
• Your gift, however large or small, makes a difference!

Endowed Gifts

The basic plan underlying an endowed fund is simple. The principal of the fund is never spent. It is invested and the earnings are used to fulfill the purpose(s) for which the fund was created. Funds may be created for scholarships, fellowships, lectureships, research, professorships, library acquisitions, academic chairs, scientific and technical equipment, capital improvements, or any other educational purpose of Becker College.

Planned Gifts

With a little planning, your gift to Becker College can help achieve your financial, philanthropic, and estate-planning goals. Planned gifts give back, allowing you to take sizeable income, capital gains, and estate deductions on your taxes. They can provide income for you and your family for life. Planned gifts can be much larger than other gifts, so you can leave a legacy that fits your philanthropic goals.

Your Goals for Planned Giving

What type of gift best fits your needs? To help you decide, consider your goals:

• Legacy: How do you want to impact Becker College, and the world’s future?
• Life-income: Do you need your gift to provide you with income in coming years?
• Wealth transfer: Are you looking for ways to leave money, tax-free, to your heirs?

For more information, including sample planned giving scenarios, please contact Mary Maloney at 508.373.9525.

Bequests

When you remember Becker College in your will, you’ll continue supporting our mission long after you are gone. Called a charitable bequest, this type of gift offers you the flexibility to leave a specific amount of money or a percentage of your estate to Becker College. This gift can take many forms:

• Cash bequest: Becker College receives a specific dollar amount.
• Bequest or devise of property: Becker College receives specified assets, such as securities, an interest in real estate (such as property), partnership interest, or tangible personal property (e.g., artwork, jewelry, or antiques).
• Residuary bequest or devise: Becker College receives all or a percentage of the remainder of the donor’s estate after specific legacies, debts, taxes, and estate expenses have been deducted.
• Contingent bequest or devise: Property is distributed to Becker College only if the donor outlives his or her named beneficiaries.
• Bequest or devise to a life income plan: You can provide one or more loved ones with income for life, after which the assets pass to Becker College.
• Bequest or devise of IRA or other qualified plan: It is usually better to designate Becker College as beneficiary of a qualified plan by using the plan’s beneficiary designation form than to leave assets of the plan to Becker College in your will. Please consult with your attorney or tax advisor.

For more information, including sample testamentary language, please contact Mary Maloney at 508.373.9525.