Ways to Give a Legacy Gift
Many alumni choose to make special gifts to Otterbein during their Legacy years, the five years leading up to, and including, their 50th Reunion. For the Class of 1963, this means anything given between July 1, 2008 and June 30, 2013. Your gift is as meaningful to you as it is to our students. Below are some areas that may match with your particular interests.
All contributions and deferred gifts given to Otterbein University in the five years leading up to your 50th reunion will be counted collectively toward your Class of 1963 Legacy Gift.
Click here to give your gift on our secure online giving site.
A deferred gift is a gift promised, but not yet delivered by June 30, 2013. Examples of deferred gifts are: pledges (we must have the signed pledge agreement by June 30, 2013); Insurance policies (by making Otterbein University the beneficiary of a life insurance policy, the present cash value will count toward your legacy gift); bequests, (we need a completed and signed Declaration of Intent form or a copy of the section of your will where Otterbein is named).
The Annual Fund is an essential component of the University’s budget each year. Annual Fund dollars go toward current operational expenses that are necessary for the University's ongoing well-being. Your gift will help every Otterbein student by providing scholarships and financial aid dollars. For more information about the Annual Fund, please visit www.otterbein.edu/annualfund.
Gifts of Stock
A gift of securities offers a number of advantages to the donor. Transferring stock to Otterbein allows donors to contribute to the future success of the University while enjoying different benefits. Donations to Otterbein qualify as a charitable deduction to your income tax. There is no capital gains tax on the appreciated securities or mutual fund shares that you donate. Stock transfer procedure (pdf).
Endowed funds allowed your gift to "keep on giving." By protecting and growing the principle, your gift will help Otterbein students not only today but far into the future. A minimum of $25,000 is needed to establish your own scholarship. For more information, please visit the Giving site.
The Otterbein Science Center has a new look and feel. We added approximately 30,000 square feet of new laboratory space, and renovated the existing Schear-McFadden building to create a new facility that provides our students with a superior undergraduate science learning center.
Otterbein’s highly regarded Equine Science program has a new home to accommodate the program’s growth, and to offer our students facilities of the same caliber as the academic program.
Charitable Gift Annuity (CGA)
A CGA is a way to give a significant gift to the University while supplementing your retirement. You give Otterbein a set amount of dollars, and we agree to provide you and/or your spouse an income for life. The University gets the remaining balance. The payout rate is calculated based on your age. A CGA offers income and capital gains tax advantages and is a great way to turn appreciated stock not producing a lot of dividends into a source of income. Minimal annuity is $10,000, and the paperwork must be completed by June 30, 2012 to count toward your Legacy gift.
If you and your spouse are both Otterbein graduates, but from different years both classes get credit for all of your gifts made during your Legacy years.
If you have any questions please contact Candace Brady at 614-823-1953 or CBrady@Otterbein.edu.
Thank you for your support!