常见问题

1. What are the three kinds of gifts I can give to OBU?

一般来说, during your lifetime you can make an outright gift of cash, securities or other property (e.g., real estate, personal property). Upon your death you can make a gift through your will or with a distribution from a retirement plan or life insurance policy. You also have the option of making a gift that returns lifetime income to you, 你的配偶, 或者其他个人, such as a charitable gift annuity, 或者慈善剩余信托.

2. What sort of assets can I use to make a gift?

Almost anything: cash, publicly traded securities, the balance of your retirement account. Other assets can be very valuable but are more complicated to administer, and must be reviewed by us before we can accept them as gifts: real estate, 少数人持有的股票和艺术品.

3. What tax deduction will I receive for my gift?

It depends on the form your gift takes: (1) Outright gifts to 俄克拉何马浸会大学 generate a full income-tax charitable deduction. Outright gifts of appreciated securities are deductible at fair market value, with no recognition of capital gains - a great tax benefit! (2) Gifts of personal property, 喜欢艺术, 书籍和收藏品, are fully deductible so long as they are relevant to our mission. Our Office of 计划给 can advise you on this point. (3) Bequests do not generate a lifetime income tax deduction. They are exempt from estate tax, 然而. (4)类似, life insurance distributions to 俄克拉何马浸会大学 are not income-tax deductible, but are exempt from estate tax. If you have made 俄克拉何马浸会大学 the irrevocable owner and beneficiary of a policy during your lifetime, 然而, you may deduct annual gifts that offset premium payments (for more details on this point, 参见下面的问题5). (5) The charitable deduction for a gift that returns income to you, such as a charitable gift annuity, or a charitable remainder trust is the fair market value of the gift asset minus the present value of the income interest you retain.

4. Can 俄克拉何马浸会大学 serve as the Executor of my estate?

No. 州法律, the limitations of our corporate powers, and our internal policies prevent us from taking such a role in your affairs.

5. I want to set up a life insurance policy, 指定OBU作为受益人, but retain ownership of the policy. Can I deduct the premium payments I make?

No. The IRS would not consider that a "completed gift" - they'd say that, 作为保单的所有者, you could change the beneficiary designation to a friend or family member. 俄克拉何马浸会大学 must be made the irrevocable owner of the policy for gifts offsetting premium payments to be deductible.

6. Can I transfer my IRA to OBU to set up a life-income gift, and avoid income tax on the transfer?

根据现行法律, any lifetime distributions from an IRA are included in your taxable income, even if these funds are transferred to us. 你做, 然而, receive a current charitable deduction when you establish a life income gift, which would partially offset the amount included in your taxable income. Proposed legislation would make the transfer tax-free, 然而. 关注我们的网站更新.

7. 我想捐一幅画. Will you determine its value for my income tax deduction?

不，我们不能. The IRS requires that donors of artwork and collectibles secure an independent appraisal of the items to establish fair market value. The appraisal has to be related to the gift, too - an insurance appraisal won't suffice. Our Office of 计划给 can assist you on this point.

8. I'm interested in establishing a charitable gift annuity. What financial provisions do you make for the income payments to me and my husband?

Your charitable gift annuity will be treated as a general obligation of 俄克拉何马浸会大学, 由所有资产担保. We have an unbroken record in making timely payments to our annuitants, and that ongoing responsibility is a key element in our financial policies.

9. 我在建立一种非垄断. My bank will serve as trustee, and I'm naming OBU as the remainder beneficiary. My attorney is advising me to make that designation revocable. Will you still recognize me as a donor?

We are grateful that you have named us as beneficiary. The charitable portion of your gift is deductible for income tax purposes (see Question 3 above). Because our interest is not irrevocable, 然而, we cannot give you gift credit until our remainder interest is payable or made irrevocable.