The Benefits of Gifting Property Please send me the Corban brochure on
Planned Giving Options Name________________________________ Date of Birth_ ________________________ Address______________________________ _____________________________________ City__________________________________ State_________________________________ Zip___________________________________ Telephone____________________________ E-mail Address________________________ Send to: Chris Erickson Corban College, 5000 Deer Park Drive SE Salem, OR 97317-9392
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ere is a little known secret: If you and your spouse are 65 years or older you may gift your personal residence to the College, receive an immediate tax deduction based on the value of your property, and continue to live in your residence for your lifetimes. If you need retirement income you can also receive a lifetime annuity. Just recently, a couple who are friends of Corban College made a generous gift of a parcel of developed property. When sold by the College, this gift will be used to fund scholarships for Corban students. In addition to the joy of giving to a Christ
honoring mission, this couple received the following benefits from their stewardship: • Avoidance of capital gains income on appreciated property. • An immediate tax deduction for their contribution. • A lifetime annuity of 6% for two lives based upon the appraised value of the property. Our professional staff would like to assist you in planning your estate. For help, please stop by and visit me or give me a call: 503-375-7011. –Chris Erickson, Director of Planned Giving
Corban College is a non profit, 501(c)(3), tax exempt educational corporation. We offer several planned giving vehicles such as a: 1) Charitable Gift Annuity, 2) Charitable Lead Trust, 3) Charitable Remainder Annuity Trust and 4) Charitable Remainder Trust. Gifts of real property or life insurance are another way to support the mission of the College. Please phone Chris Erickson at (800) 845-3005 ext. 7011 or e-mail at cerickson@corban.edu. You may also visit our website at www.corban.edu and click on “Donor Opportunities.” NON PROFIT ORG US POSTAGE
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5000 Deer Park Drive SE Salem, OR 97317-9392
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