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Planned Giving

Ralph valued the education he received at Montana Tech and believed in supporting the following generations of Orediggers. By leaving a scholarship fund to Montana Tech through his estate, Ralph gave many future students the same opportunity for life-changing experiences through higher education. Montana Tech and its students will be enriched by Ralph’s thoughtful generosity. We lost Ralph, who was 88 years young, on December 24, 2010. However, his legacy will live on as a valued member of the Montana Tech family.

Volunteering your time or making gifts of money or real assets will help to sustain and improve Montana Tech but with careful planning, your gifts can also benefit you financially. When is the best time to make a gift? What do you give? Are there ways to leverage your gifts into something even more significant?

Each year Montana Tech enjoys the financial support of its alumni and supporters, gifts that go a long way to provide an exceptional learning environment for Montana Tech’s student and help to:

Many of our generous donors have also met with their financial and legal advisors to formulate customized plans that leverage their current and future gifts. These planned giving techniques often reduce or eliminate capital gains and gift taxes.

Types of Planned Gifts

There are a number of ways to leave a gift to the Montana Tech Foundation. Below are short descriptions of just a few planned giving strategies to consider when discussing plans with your financial and legal advisors.

Bequest. Cash and real assets, such as stock or real estate, are examples of bequests that you can leave to the Montana Tech Foundation. The value of these gifts will provide a deduction to your taxable estate, equal to the value on the date of your passing.

Charitable Remainder Trust. When you create and fund a charitable remainder trust, you will receive an income stream from the trust, typically for life, and the remaining assets can go to the Montana Tech Foundation. These types of trusts are often funded with appreciated securities and you receive an income tax deduction. Depending on the size of the gift and your income, the income tax deduction can be carried forward for an additional 5 years.

Life Insurance. The Montana Tech Foundation can also be named as a beneficiary of a life insurance trust. While you pay the premiums, the life insurance proceeds are not part of your taxable estate.

Retirement Assets. An IRA, 401(k) or 403(b), can be assigned to the Montana Tech Foundation and used to support our mission.

If you have any questions contact the Montana Tech Foundation at 1-406-496-4277.

Talk to your tax adviser to see if any of these planned giving options are right for you.

$1,255,000 in Planned Giving (2011)