There are many ways to contribute to Goddard College. Many are outright, such as participating in the Annual Fund drives, or donating online. Others allow you to plan for a future gift. These include:
Bequest
Making a bequest to Goddard provides an important legacy, insuring that a Goddard education exists for generations to come.
If you want to include Goddard in your will, here is some suggested language you can use: “I give (the sum of __ dollars) OR (all, or ___ percent of the residuary of my estate) to Goddard College of Plainfield, Vermont, for its general purposes.”
You can also state a specific purpose for the gift. We recommend that you consult with an attorney. Let us know how we can help, and also let us know if you have planned a gift for Goddard.
Stock Transfer or Other Assets
When you give a gift of stock, everyone benefits. You are entitled to a tax deduction for the market value of that stock, and if you have held the stock for more than a year, you can avoid capital gains tax (on appreciation) by donating the stock prior to sale. Goddard benefits by the gift itself, by selling it without paying taxes on the gain.
Please contact us for further information on how to make a transfer of appreciated gifts.
Life Insurance
Naming Goddard College the owner and irrevocable beneficiary of a paid-up or variable life insurance policy can give you an immediate charitable deduction (for income tax purposes) equal to the fair market value of the policy.
Retirement Plans
You can name Goddard College as beneficiary for any IRA or Keogh pension plan funds not sued in your lifetime. This saves your estate significant income or estate taxes once the assets pass to the College.
For more information contact Associate Director of Advancement & Alumni Affairs Dustin Byerly at Dustin.Byerly@goddard.edu or 802.322.1601.