In addition to supporting the mission of BB&N, a planned gift may make it possible for you to make a larger gift than otherwise possible through an outright gift. It may also provide you with substantial tax advantages, especially on gifts of stocks and real estate. The total savings on income, estate, and capital gains taxes and probate expenses can come close to the amount transferred.

Depending on the type of gift arrangement you establish, the benefits to you may include:

  • Income Tax Deductions
  • Reduced Capital Gains Taxes
  • Reduced Estate Tax
  • Income for Life

Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs ofBB&N. Even with the increased standard deduction in the tax law that became effective January 1, 2018, an immediate income tax charitable deduction resulting from a planned gift may lead to itemizing deductions and greater tax savings. A planned gift makes it possible for you, your loved ones, and BB&N to all benefit.

We want to be sure that we can fulfill your wishes. If you have any questions, please contact:

Roger Fussa
Leadership and Planned Giving Officer
Buckingham Browne & Nichols School