Gus Mininberg ’82: How Clarkson Charged His Career

Gus Mininberg ’82 laughingly says that he applied to Clarkson initially because, “it was the only school at that time that had a one-page application and didn’t require an essay.” Gus may joke about the application process now, but when he arrived on campus his first year, he knew he made the best choice. Gus […]

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CGA Summary of Benefits 6.8%

December 7, 2018 Summary of Benefits 6.8% Deferred Gift Annuity ASSUMPTIONS: Annuitants 63 63   Ages at Date of First Payment [12/31/2026] 71 71 Cash Donated $25,000.00 Payout Rate from ACGA2018 Table 6.8% Payment Schedule quarterly BENEFITS: Charitable Deduction $9,708.75 Annuity $1,700.00 Tax-free Portion $776.90 Ordinary Income $923.10 After 19.7 years from the year the […]

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CGA Summary of Benefits 5.5%

December 7, 2018 Summary of Benefits 5.5% Charitable Gift Annuity ASSUMPTIONS: Annuitants 75 75 Cash Donated $25,000.00 Payout Rate from ACGA2018 Table 5.5% Payment Schedule quarterly at end BENEFITS: Charitable Deduction $9,652.75 Annuity $1,375.00 Tax-free Portion $936.38 Ordinary Income $438.62 After 16.4 years, the entire annuity becomes ordinary income. IRS Discount Rate for 12/2018 is […]

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The IRA Charitable Rollover

If you are 70½ years old or older, you may be eligible to transfer, or “rollover,” distributions from your IRA directly to Clarkson. IRA Charitable Rollover Qualifications: The IRA owner must be at least 70½ years old at the time a rollover is made. The combined value of all rollovers may be up to $100,000 […]

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