The Library of the Future
The library of the
future will have a Collection Endowment to help meet the expanding
information needs of the campus through judicious expenditures for
books, periodicals, and related materials. The library of the future
has an Emeriti Center, a place where Emeriti officers hold their
meetings, and where members can retreat for continued research and
small group activities. The Center will also provide space for a
Founders exhibit. Emeriti will benefit through training for research as
technological advances occur. Library staff will provide access and
retrieval instruction, workshops, demonstrations, and awareness of
relevant information on the World Wide Web.
General information regarding Signature,the
endowment program at Cal State Fullerton
is the minimum amount to establish an endowment.
is the minimum for a named endowment in the School of the Arts
distribution is 5 percent of the principal to be used for the
purposes set out by the donor.
of the principal that exceeds the 5 percent that is distributed
annually is returned to the principal to increase the value of the
endowment fund has an "Endowment Purpose and Administration" form
that sets out the specifics of how the account will be accessed and
what the use of the funds will be.
donor is asked to create a legacy statement. We like to tell a
little about those who contribute to an endowment, which is a perpetual
fund, so that those who benefit from the resources have an
understanding and in some ways a dialog with those contributors – for
all of the years to come.
with all gifts, we create a gift agreement that outlines the type of
gift and the form in which it will be given. University Advancement
handles all types of gifts and assets such as securities, life
insurance, real estate, to name a few. We also provide a full range of
planned options including trusts, bequests and multi year giving.
A Charitable Gift Annuity
A charitable gift annuity is a way to make sure you receive a
guaranteed income for life through a gift to a charitable organization,
such as California State University, Fullerton. In return for a gift of
money or asset, the university will agree to pay you a set amount every
year for the rest of your life. The amount will be a set percentage of
the value of the gift and your age at the time of the gift. And you may
add a beneficiary so that payments continue to your surviving spouse
after your death.
There are three possible tax benefits to gift annuities:
allowable charitable deduction for part of the gift's value when you
itemize deducations on your income tax return;
part of your
income payments from the annuity is considered tax-free return of
donate appreciated securities, some of the capital gain is never
reported and the balance of the gain is prorated over your life
expectancy, thus reducing capital gains taxes.
Send e-mail to Stephen Tanenbaum
University Advancement at (657) 278-3947 for further information about
CSUF endowments and charitable gift annuities