Ways to Give
There are many ways you can support The Associate Alumnae of Douglass College. The Associate Alumnae of Douglass College is ready to assist you in determining which means of funding a contribution may be right for you. Please call us with any questions you may have or for further information at (732) 246-1600.
Making your gift online with your credit card allows the AADC to put your gift to good use immediately!
New! Giving App
Download the App to make it easy to give from your phone or favorite device! Visit Givelify to download the App.
Join the Sustaining Society!
Contribute automatic monthly gifts using your credit card. Giving through the Sustaining Society helps reduce overhead and processing expenses while providing reliable support.
You may send your gift by cash or check to 181 Ryders Lane, New Brunswick, NJ 08901, made payable to the AADC Annual Appeal.
Gifts of Securities and other Appreciated Assets
A gift of appreciated assets such as stock may provide significant tax benefits. Donating securities or a portion of an IRA or a 401K plan can be done outright or as part of your estate plan. Call the AADC for simple instructions on how to transfer stock or for information on giving other appreciated assets.
Gifts through your will qualify your estate for a charitable deduction, which can reduce estate taxes and preserve more of your assets for family and other intended beneficiaries. If you have already planned a bequest, please let us know so that we can thank you. Contact the AADC if you need information on how to make a gift through a bequest. Note: The proper wording in your will for designating a gift is: “to the Associate Alumnae Douglass College.”
Gifting life insurance is a popular option for those who own policies that are no longer needed. If you purchased a policy to pay for a child’s education or to meet a financial responsibility which has since been satisfied, gifting life insurance may be a means to provide support while realizing an immediate tax deduction.
Charitable Remainder Trusts
A charitable remainder trust allows you to make an irrevocable contribution of cash or property to the Associate Alumnae of Douglass College. Your chosen trustee pays income from the trust to designated beneficiaries for life or a set term of years. At the death of the last beneficiary, the principal is distributed to the AADC. An estate-planning attorney should be contacted to create such a trust.
Charitable Lead Trusts
A charitable lead trust allows you to make a substantial gift by funding a trust and designating the Associate Alumnae of Douglass College as the income beneficiary for a set time period. At the conclusion of that time, the principal of the trust and all capital appreciation is returned either to the donor or a designated beneficiary. An estate-planning attorney should be contacted to create such a trust.
Charitable Gift Annuities
A charitable gift annuity is the gift that pays you back! In exchange for a gift of cash or securities, you and/or your designated annuitants will receive a guaranteed fixed sum for life and you will also receive a tax deduction for the charitable portion of your gift. At the death of the last annuitant, the remaining principal benefits the AADC. Contact us for more information or a gift illustration. All inquiries are confidential and carry no obligation.
Gifts of Real Estate
You can donate a personal residence or vacation home while continuing to reside there. In these “retained life estate” situations, the property is deeded to the Associate Alumnae of Douglass College, but you retain lifetime use of the property. You also must continue to maintain the property, insure the property and pay property taxes. The current deduction is equal to the market value of the property, reduced by your life income interest.
Donor Advised Funds:
A donor-advised fund is another way of supporting charitable organizations you care about. When you contribute cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction for the charitable contribution. Those funds can be invested by the fund and you can recommend gifts annually to virtually any IRS-qualified public charity.
To recommend a gift to the Associate Alumnae of Douglass College (“AADC”):
- Request a distribution through your Donor Advised Fund sponsor; and
- Include the AADC’s Tax Identification Number (sometimes requested as the “EIN” or Employer Identification number) which is 22-1607270.
Contributing via your IRA and Qualified Minimum Distributions:
If you are 72 or older, you are eligible to contribute all or part of your required minimum distribution (RMD) from your Individual Retirement Account (“IRA”). Contributions to a qualified charity, like the Associate Alumnae of Douglass College, are not taxable to you as income as long as the plan provider makes the distribution from your IRA directly to the charity. Note that this should be distinguished from funds distributed directly to you, the IRA owner, and you then write a check to the charity. In order for your gift to be a Qualified Charitable Distribution, you must instruct your plan provider to make the distribution to the charity directly from your IRA. For sample instructions, contact us at firstname.lastname@example.org.
Unrestricted gifts provide support to our mission. All gifts will be assessed an administrative fee of five (5) or ten (10) percent, depending on the size of the gift, to be used for operational purposes.