Planned Gifts have a lasting impact on Boston College and for future Eagles. There are many different forms your gift can take depending on your goals – both financially and philanthropically.

Your planned gifts can provide significant benefits such as helping you take advantage of tax breaks, leaving a legacy to BC and even providing an income stream to yourself or others during your lifetime.

 

Contact

For more information, please contact the Office of Planned Giving at 617-552-1085 or by email at giftplanning@bc.edu

Explore Your Options

How Bequests Work

Anyone can make a bequest to Boston College through their will or trust. You may support areas important to you at the University or provide an unrestricted gift that will be applied to BC’s most urgent needs.

Bequests may be given as:

  • A percentage of an estate
  • A specific dollar amount
  • A gift of personal property (e.g., real estate or artwork)

Even if you have an existing will, you can add an amendment, or codicil, at any time. Since a codicil doesn’t replace the original will, it can be an inexpensive and simple way to make a bequest to BC.

If you don’t have a will, we encourage you to consider writing one that clearly states your intentions and provides security for your family and other loved ones. Many choose to create this important document after a life event, such as a marriage, the birth of a child, or the purchase of a home—but anytime is the right time to take this step.

To discuss your giving options in confidence, please contact the Office of Gift Planning at 877-304-SHAW or giftplanning@bc.edu.

How Beneficiary Designations Work

You can easily name the University as a beneficiary of a life insurance policy or retirement plan, such as an IRA, 401(k), or 403(b).

Simply complete a beneficiary designation form with your insurance policy provider or with the administrator of your retirement plan. Both can be done at no cost.

Boston College can be designated as a partial (1­–99 percent), whole, or contingent beneficiary, while BC’s tax-exempt status enables assets to pass free of tax to the University.

Like a bequest, a beneficiary designation enables you to:

  • Make a significant contribution to BC without drawing on current assets
  • Remove assets from your estate and reduce tax liability
  • Help secure your alma mater’s long-term success, while managing your own financial future

To discuss your giving options in confidence, please contact the Office of Gift Planning at 877-304-SHAW or giftplanning@bc.edu.

How Real Estate Gifts Work

Donors may give a gift of real estate to Boston College and reap wide-ranging financial benefits while touching the lives of tomorrow’s students.

Those interested should consider these giving options:

  • An outright gift that provides a charitable income tax deduction for the full market value and eliminates capital gains tax on any appreciation
  • retained life estate that offers a sizeable income tax deduction while enabling you and your spouse to live in your home for life
  • charitable remainder trust funded with your property that offers a lifetime income stream and a significant charitable income tax deduction—and eliminates capital gains tax on any appreciation

To discuss your giving options in confidence, please contact the Office of Gift Planning at 877-304-SHAW or giftplanning@bc.edu.

How Life Income Gifts Work

You can make a gift to Boston College through a trust or annuity that will pay you and/or another beneficiary annual income for life.

Learn more about our two most popular options below.

Charitable Gift Annuities

Charitable trusts offer versatile giving options for those wishing to manage their wealth effectively while making a meaningful impact at the Heights.

A charitable gift annuity (CGA) is a simple contract between you and Boston College: By donating cash or securities to the University, BC agrees to pay you fixed annuity payments for life.

CGAs offer a secure income stream, and these fixed payments can help supplement income during your retirement years. Currently, gift annuity rates are more favorable than those for CDs and many fixed-income investments.

In addition, you receive valuable tax benefits, including a charitable income tax deduction for a portion of the gift and reduced capital gains tax when the annuity is funded with long-term appreciated securities.

How much income will I receive?

Use our Planned Giving calculator to view personalized calculations based on your age. Fixed annual payments are distributed quarterly.

Am I eligible?

Alumni and friends age 65 or older can benefit immediately from a CGA. Younger donors may choose a deferred gift annuity or DGA. With either option, the minimum qualifying gift is $25,000.

Can I name a second beneficiary?

Yes. You are welcome to include a second beneficiary; a spouse is most commonly named.

Charitable Trusts

Charitable trusts offer versatile giving options for those wishing to manage their wealth effectively while making a meaningful impact at the Heights.

With a charitable remainder trust, you can give a significant gift to BC while receiving income for life for you and your named beneficiaries. You’ll also gain a charitable income tax deduction and benefit from gift and estate tax savings.

The minimum qualifying gift is $100,000, and you can donate a wide variety of assets to a trust—cash, publicly traded securities, real estate, and other assets.

 

To discuss your giving options in confidence, please contact the Office of Gift Planning at 877-304-SHAW or giftplanning@bc.edu.