420 Oak Street
Big Rapids, MI 49307
A planned gift or gifts of stock, property, and in-kind are very thoughtful ways to support scholarships and programming at Ferris State University. There are many different ways to leave a legacy that will have an impact on both current and future students. At the same time, these gifts may also provide significant tax advantages to you and your heirs.
A bequest is a gift of cash, securities or other property from your estate. Providing for Ferris in your estate planning gives you the opportunity to leave a legacy, while allowing you to retain control of your assets during your lifetime. Estate gifts to Ferris are exempt from federal estate taxes.
A charitable gift annuity (CGA) is a contract between you and Ferris that provides a steady retirement income and also offers favorable tax benefits.
Charitable Remainder Unitrust
A charitable remainder unitrust (CRUT) is established by irrevocably transferring assets to a trustee, who invests the assets and pays a variable income to you and/or your beneficiaries. At the end of the CRUT term, the trustee distributes the remainder of the assets to Ferris.
You may make Ferris the owner and beneficiary of a new or existing paid-up life insurance policy. The advantages of this type of gift is the ability to provide a significant gift with a modest investment.
Gifts of appreciated property (securities and real estate) held for more than a year may be deductible, based on the fair market value of the gift, for up to 30 percent of your adjusted gross income with no capital gains tax on the appreciation. Consult your tax advisor for specific information. Call (231) 591-2157 to learn more, or visit the link below.
Gifts of appreciated property such as real estate can have tax benefits to the donor. Please call (231) 591-2365 for more information about making a gift of property to the university.
Gifts of items such as equipment and educational materials are welcome. We accept any gift that is usable or can be easily sold to support university programs. In-kind gifts support our lab-based instruction and hands-on learning opportunities. Call (231) 591-3849 to learn more.