A planned gift allows you to make charitable gifts, continue to meet your current income needs, and take advantage of current tax incentives. With your help and the help of your peers, Middlebury will continue to deliver the highest quality educational experience to exceptional scholars. Every gift, no matter the amount, is deeply appreciated.
This site is designed to make it easy for you to get the information you need when considering a planned gift. You will also find information to share with your financial advisor and estate planner. When you are ready, you can use this site to reach out to us to share your plans, let us know what you are considering, or just to start a confidential, no obligation conversation about what's possible.
Middlebury alumni, parents, and friends who support the College by including Middlebury in their estate plans are welcomed into The Cane Society. Planned gifts from our more than 1,300 members combine to further Middlebury's mission to create independent thinkers.
The easy way to become a member of The Cane Society is to name Middlebury as a beneficiary of your retirement account or as a beneficiary in your will or trust. The sample bequest language found below will help you complete your plans.
Other planned gifts might include life income gifts, such as charitable gift annuities, charitable remainder unitrusts, or gifts of life insurance.
The College wishes to express its deepest appreciation to members of the Society for their commitment to Middlebury and for carrying on the legacy of Gamaliel Painter. If you've included Middlebury in your charitable plans or intend to do so, please let us know. Sharing your intentions allows us to help you choose the gift that's right for you, and better plan for Middlebury's future.
Raising Canes: What began as a bequest has become an endearing Middlebury tradition. Illustration by Marian Richardson
Not only do you have options for how your gift will be used, you also have options on what to give and how to give. There are gifts that cost you nothing now, gifts that pay you income, and gifts that allow you to decide what happens when.
Naming Middlebury as the beneficiary of a retirement plan asset such as an IRA, 401(k), or 403(b) will accomplish a charitable goal while realizing a significant tax savings.
Through a provision in your written and executed will or living trust you can make a gift to the College in the form of cash, securities, real estate or personal property. There are many types of bequests. Consult with your attorney to choose the one that best fits your needs and intentions.
You can turn under-performing assets (cash, stock, CDs, savings bonds, etc.) into a gift to Middlebury that provides income to you or you and a loved one. Your Middlebury Charitable Gift Annuity will return fixed, quarterly payments for life and provide tax benefits, too.
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, your gift costs you less than the amount the College receives. You'll get a charitable deduction for the full amount of your gift and avoid the impact of capital gains taxes.
If you're 70 ½ or older, each year you can instruct your IRA administrator to transfer up to $100,000 directly to Middlebury and avoid paying the tax had you taken it as income.
Note: Under the SECURE (Setting Every Community Up for Retirement Enhancement) Act, signed into law on December 20, 2019, individuals who will turn 70 ½ (born on or after July 1, 1949) in 2020 or later may wait until age 72 to begin taking required distributions. Nevertheless, as long as they are age 70 ½ or older, they may still qualify to make a tax-free gift from their IRA.
Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well-curated collections can be deducted from your income tax today, avoid capital gains, and reduce estate taxes in the future. There are even ways to donate your home and live there as long as you'd like.
Name Middlebury as a beneficiary of your donor advised fund. Designate the College
to receive all or a portion of the balance of your fund through your fund administrator (you can also make a grant to us at any time from your donor advised fund). The balance in your fund passes to Middlebury when the fund terminates.
Charitable Remainder Trusts provide you income from an asset that then passes to the College as a gift. Charitable Lead Trusts provide income to Middlebury before the asset passes to your heirs. For the savvy donor, charitable trusts can provide tax-advantaged income, eliminate capital gains, or preserve assets for your heirs.
Name Middlebury as the beneficiary of an existing life insurance policy; donate an existing, paid-up life insurance policy you no longer need; or purchase a new life insurance policy and name the College as the owner and beneficiary.
If you are working with a professional advisor, or advising a donor, please click below for information needed to included Middlebury College in a charitable estate plan.
Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation.
Discussing your charitable intentions with us can lead to a much better result than going it alone - and will ensure that your gift is used just as you wish. Act now to be a good steward of the resources you intend to leave behind. You can use my contact info below, or submit this form to get more information.
Director of Gift Planning
Senior Associate Director of Gift Planning
Associate Director of Gift Planning
Gift Planning Administrator
If you are working with a professional advisor, or advising a donor, request a handy guide for including Middlebury College in a charitable estate plan.