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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Resources

Glossary Contact: Bob AhlfeldDirector of Annie Clarkson Society and Gift PlanningClarkson University8 Clarkson AvenueBox 5522 Woodstock LodgePotsdam, NY 13699315-268-7894 315-212-2686 (cell) 315-268-7777 (fax) rahlfeld@clarkson.edu We Can Provide: Sample gift calculations and illustrations for your clients Specific language for named endowed fund agreements Fact sheets explaining various gifting options Gift annuity and charitable trust agreements and […]

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Estate Planning Organizer

What do you want to become of your online accounts, photos stored in the cloud, social media, online subscriptions and others? Remember, digital account information can change frequently, so we suggest that you review your information and make changes as necessary. The new Organizer will help you plan accordingly. You should decide how your legacy […]

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Gift Annuity Rates Going Up

The American Council on Gift Annuities (ACGA) has recommended maximum gift annuity payout rates since 1927. Clarkson and more than 95% of charities follow their rate schedule. The ACGA recently approved an increase in the suggested maximum rates effective July 1, 2018. In general, maximum rates are rising between two-tenths to five-tenths percent. Gift annuities […]

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The Munsons Make New Memories for Clarkson and SUNY Potsdam

North Country natives Newton and Memorie Munson have led full lives and rewarding careers. Now living in Williamsburg, Virginia, Newt and Memorie look back to where it all began in the 1960s — in Potsdam, New York. Newt began his term at Clarkson in 1962 as a mechanical engineering major. From modest means, Newt says […]

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Reunion Giving Totals 2018

Anniversary Reunion Giving 2018 Class Totals as of April 30, 2018 Anniversary Percent Giving Goal Percent Giving To date Dollar Gift Goal Gifts To date* ACS Member Goal New Member ACS 1948 – 70th 10% 18% $800,000 $708,006 2 1 1953 – 65th 26% 24% $145,000 $46,447 2 1 1958 – 60th 32% 22% $285,000 […]

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Federal Gifts, Estate and Generation Skipping Tax Exemption Levels

Federal Gift, Estate and Generation Skipping Tax Exemption Levels Year Estate Tax Exemption Generation Skipping Tax Exemption Lifetime Gift Tax Exemption Max Estate & Gift Tax Rates 2016* $5.45 million per person $10.90 million per couple $5.45 million per person $10.90 million per couple $5.45 million per person $10.90 million per couple top rate of […]

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