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Do you want to support the St. Cloud State University Foundation, but feel overwhelmed by everyday living costs, such as the latest home repair, the food expenses and escalating gas prices? There’s a solution that doesn’t involve writing a check. You can designate...
It starts out innocently enough—an ATM receipt here, a bill there. Add in a monthly bank statement and a receipt you need for your business expenses, and before long you’ve got a paper pileup on your kitchen countertop. Have you considered...
The act of giving through your estate plan involves reflection and forethought. It also warrants a conversation. Here are four key questions to ask when considering a legacy gift. 1. How will my gift be used? Why it matters: Your gift might be...
You have a generous spirit. We know you care deeply for the St. Cloud State University Foundation and want us to thrive for years and decades to come. But you also have to deal with higher prices and market instability in the here and now. What to do? Consider the gift that pays...
St. Cloud State University is committed to legal affirmative action, equal opportunity, access and diversity of its campus community (Full Statement
St. Cloud State University is an affirmative action/equal opportunity educator and employer.
St. Cloud State University is a member of the Minnesota State Colleges and Universities
© 2022 St. Cloud State University
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to St. Cloud State as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to St. Cloud State as a lump sum.