John and Ethel Anthony Give Thanks for All MSU Offers
Gratitude defines John and Ethel Anthony’s commitment to Michigan State and East Lansing. “It’s really fantastic when you think about the value of having a university with the resources like MSU just down the street,” John says.
“We weren’t sure what to expect when we moved to East Lansing 43 years ago,” John shares, “But it turned out to be the best thing that could have happened to us.” They quickly became immersed in the community as they raised two daughters. Ethel created and ran an all-volunteer art appreciation program for the region, and served as a docent at the Kresge Art Museum and Wharton Center; both helped with WKAR fundraisers. Yes, they’ve truly enjoyed all MSU has to offer—from ice skating lessons at Munn to live theatre and arts performances, hockey, baseball, football, and basketball games, and leisurely walks on campus.
“MSU has played an important role in our lives,” John explains. “It is an extremely vibrant, extremely receptive, warm, caring school. It makes us very proud that we’ve been able to do this for MSU.”
John and Ethel opted to use charitable gift annuities (CGA)—a gift that pays you income. “CGAs are uncomplicated, give a reasonable investment return without associated risk, and provide for the long term sustainability of a worthwhile institution decades and decades after you’re gone,” John explains. “It meets just about all the measurements of what a person should be doing with their financial legacy!”
The Anthony’s are recognized as members of MSU’s Landon Society and Snyder Society.
Secure MSU’s Future
If you’d like to join John and Ethel in securing MSU’s future with a CGA, contact the MSU Office of Gift Planning at (800) 232-4678 or email@example.com.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
A charitable bequest is one or two sentences in your will or living trust that leave to Michigan State University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
I give and devise to Michigan State University, East Lansing, Michigan, the sum of $__________ dollars (or state percentage of estate) to be held, administered, and used by the Board of Trustees for support of Michigan State University in the area of greatest opportunity (or designated to your college or degree, academic, athletic or cultural program of your choice).
I instruct that all of my charitable gifts shall be made, to the extent possible, from property that constitutes "income in respect of a decedent" as that term is defined in the Internal Revenue Code.
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to MSU or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
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 give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
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 MSU 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 MSU as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and MSU where you agree to make a gift to MSU and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.