As an Auburn University at Montgomery benefactor, your giving can achieve personal goals, enhance your financial security and help shape the University’s future. Planned Giving is a technique of including charitable giving in your total financial estate plan. Download Planned Giving Brochure PDF or view the interactive book.
Many AUM alumni and friends who wish to help shape the University’s future have chosen a planned gift to perpetuate their loyal support beyond their lifetime, while realizing substantial benefits for themselves today. These benefits can include significant savings on income and estate taxes, lifetime income streams and in some instances a greater amount of wealth passed on to family members with less federal estate tax.
Aside from the financial benefits one might receive from making a planned gift to Auburn University Foundation, there is an intrinsic value in making such a gift. Planned gifts help maintain and advance the quality of education at AUM. Through a planned gift, you can create an endowed scholarship, a fund for excellence or an endowed professorship. The impact of these gifts reaches far beyond campus buildings and boundaries. Planned gifts to AUM ultimately benefit individuals who study, learn, teach, grow and give.
A will is a statement about what matters most in your life. By making a will, you can ensure that your intentions are clearly expressed, and that they will be followed by those administering your estate.
After providing for family, friends and others, many alumni and friends include a meaningful bequest to AUM in their will to continue their lifetime support. Including the Auburn University Foundation as a beneficiary of your will is one of the easiest ways to provide for future generations of AUM students and faculty.
To include the Auburn University Foundation in your will, please consult your attorney.
A gift of a life insurance policy or its proceeds is another easy way to make a planned gift to the Auburn University Foundation (AUF). This arrangement allows you to make a significant gift to AUF and use the tax savings to purchase a life insurance policy.
Listed below are several ways you can provide for AUM through a life insurance gift:
Retirement plans, such as an IRA or a 401(k), can be ideal vehicles to make a planned gift to AUM. By naming the AUF as the beneficiary of such a plan, significant estate and income taxes can be avoided since income taxes are usually due on undistributed funds in such plans, even after a person’s death. If a charitable remainder trust is established as beneficiary of the retirement plan of a donor, an income stream can be provided to a loved one after the donor’s death and most income and estate taxes on the undistributed plan assets can still be avoided.
You may give the Auburn University Foundation your personal residence or farm and retain the right to occupy the residence or operate the farm for the rest of your life. This provides a current income-tax charitable deduction for the present value of the remainder interest.
The term “farm” includes any land used by the donor for the production of agricultural products for the sustenance of livestock. The term “personal residence” is defined in the tax code regulations to include any property used by the donor as a personal residence even though it might not be the primary residence. A single family dwelling, condominium, or vacation home qualifies as a personal residence if used each year by the donor.
AUM and the Auburn University Foundation are not engaged in rendering legal or tax advice. For advice and assistance in specific cases, the services of an attorney or other professional advisor should be obtained. Advice from legal counsel should be sought when considering these types of gifts.
A Charitable Remainder Trust is an instrument which provides an income stream for the life of the donor and/or a designated income beneficiary. At the termination of the trust, the principal of the trust is distributed to the Auburn University Foundation.
There are two types of charitable remainder trusts: unitrusts and annuity trusts.
Many alumni and friends wish to make a substantial deductible gift during their lifetime, but still want to receive an income stream from the cash, securities or property donated. This can be accomplished through several life income plan gifts.
Charitable Lead Trust is essentially the opposite of the charitable remainder trust. It pays income to the AUF for a period of years and later returns the principal of the trust to the donor or other loved ones. The lead trust can be one of the few ways to reduce taxes that would otherwise be due on assets left to succeeding generations. The charitable lead trust may freeze for estate and gift tax purposes the value of assets contributed to it as of the date of the trust’s establishment and distribute the assets (with any appreciation over the terms of the trust) to children or grandchildren at the end of the term.
Current Gift Annuity
The Charitable Gift Annuity requires only a basic contract between a donor and the Auburn University Foundation, whereby a donor irrevocably transfers assets to the Foundation. In return, the Foundation agrees to pay the designated annuitant(s) fixed payments for life, at rates approved by the American Council on Gift Annuities. The transfer is part charitable gift (which often qualifies for a substantial current income tax deduction) and part purchase of an annuity.
The payments are backed by all of the Foundation’s assets. The dollar amount to be paid annually to the annuitant depends upon the age of the annuitant at the time of the gift and this amount remains constant for life. The older the annuitant, the higher the rate of return used to determine the dollar amount to be paid.
Deferred Gift Annuity
Instead of securing an immediate payment under a gift annuity, you can have it deferred until a later date, such as your retirement. You make the contribution now, securing a current income tax charitable deduction, and we agree to pay you a guaranteed life income starting any date you select. This is especially advantageous if your tax bracket is higher now than it will be later or if you currently do not need the annuity income.
College Gift Annuity
Various IRS private letter rulings have outlines of deferred gift annuity agreements in which a donor exchanges lifetime payments for a lump-sum payment or for larger payments over a shorter time period. Commuting payments from a deferred gift annuity is especially popular for donors who wish to use the deferred gift annuity to help fund college tuition.
For more information about making a planned gift to Auburn University at Montgomery, please contact:
Office of Advancement
Taylor Center 101
7400 East Drive Montgomery, AL 36117
8 a.m. - 5 p.m. Monday - Friday
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The adventure starts with your first class.
How high will YOU SOAR?
The next generation of conservationists, making an impact today.
Join other biology majors in discussions, activities and research.
You belong where relationships thrive.
Features networking events with guest speakers and great food. Helps aspiring students who want to start their own businesses.
Focuses on providing speakers working in financial areas to provide real-world advice and connections for internships and careers.
You are likely to find the AUM Investment Club discussing the hottest investment topics from Bitcoin to Warren Buffett over pizza and drinks. Activities include keynote speakers, stock portfolio competitions, and network with local investors. AUM Investments Club encourages academic achievement and provides an opportunity to learn from professionals about the many career choices offered to business administration graduates. For more information contact the club advisor, Dr. Tewhan Hahn, at firstname.lastname@example.org or (334) 244-3231.
The College of Business offers 10 student clubs and organizations that are active on the AUM campus and in the River Region all year long. Through these organizations, students are continually exposed to professional opportunities and experiences offered by some of the top companies in the U.S.
How high will you SOAR?
Join your friends who promote good study habits and academic success. Meet professionals in the field for networking opportunities.
Open to students and faculty who are interested in mathematics outside of the traditional classroom setting.
Hot investment topics like Bitcoin or Warren Buffett could be the theme of an AUM Investment Club meeting, where you’ll be part of the conversation over pizza and drinks. Other activities include keynote speakers, stock portfolio competitions, and networking with local investors.
Grubhub is the nation’s leading mobile food-ordering marketplace, with more than 20 million happy users! With Grubhub, you can order ahead from all AUM dining options and pick up your food. No waiting, no hassle!
Download the Grubhub app.
Select “Get Started” to set up your account
Once your account has been established select “Accounts” in the menu
Click the “Find Your Campus” button
Search for “Auburn University at Montgomery” in the search bar
Click the “Add Affiliation” button
Select the category that pertains to your status on campus
Click the “Add Campus Card” button
Enter your AUM email address and password
Click the “Sign In” button
Complete Duo authentication
Once your campus card is confirmed, click “Ok”
Select View Campus restaurants
Now you can place your order!
Navigate to the “My Grubhub” screen
Click on the “Account” icon
Select “Campus Dining”
Enter your AUM email address and password on MyAUM
Monday – Thursday | 11 A.M. – 8 P.M.
Friday | 11 A.M. – 4 P.M.
Monday – Thursday | 7:30 A.M. to 8 P.M.
Friday | 7:30 A.M. – 4 P.M.
Once you have registered, you may log in using your e-mail address and password.
– Click on Isolation & Quarantine Dining Support Venue.
– Choose a delivery location. This will be the isolation or quarantine building and room you are staying in.* Please do not enter your normal room and building assignment unless you are isolating/quarantining in that room.
– Please note orders must be placed by 11:59 pm CST the day before the delivery date.
– Please order all meals for Friday and Saturday by 11:59pm pm CST on Thursday.
– You are encouraged to order your meals up to 3-6 days in advance.
– Click continue.
– You will then be brought to the menu page.
– Please choose the meal and choices available from those listed.
– Click the add meal button.
– Repeat the above process to choose any additional meals for that same delivery time and day.
– Next click on view cart.
– Confirm your choices for accuracy. If you need to make a change please use the “Edit Order” button on the top.
– Select your payment method.
– You will see an order placed message.
– You will receive a confirmation email for your order. Please check your order for any errors.