GiftLegacy Presents Calculator - Part Gift & Part Sale

By giving to Viterbo University, we can move society toward the greater good by empowering students to be the difference our world needs:

Faithful Servants + Ethical Leaders.

Forward-Thinking + Dynamic Innovators.

Here’s how your support directly impacts students’ sucess:

Part Gift and Part Sale

Gift Type Gift Appreciated Asset Gift/Sale of Asset

Donor

Enter the name of the donor. You may use such titles as Mr., Mrs., Dr., Rev., Jr., Sr., etc. The donor is the owner of the asset contributed and will receive the tax deduction and capital gains bypass benefits, if applicable.

Income Tax Rate

Select the current federal income tax rate of the donor. This will be used to project possible income tax savings. If you are not certain about the correct rate, you may choose one of the middle rates. For many people, this will be close to the actual income tax rate.

Value of Property $

Enter the amount of cash or the fair market value (FMV) of the asset(s) used to fund the CGA. For assets such as real estate, closely held stock and other hard-to-value assets, the FMV would be the appraised value of the property on the date of the gift.

Cost Basis $

Enter the cost basis of the asset being used to fund the trust or annuity. If the asset is cash, the cost basis is equal to the gift amount. If it is appreciated property, the cost basis will most likely be the amount you originally paid for the property. The cost basis is used to determine the capital gains tax which will be bypassed as a result of selling the asset. If the cost basis is not known or cannot be proven, the IRS assumes the cost basis to be $0. If cash funds the gift annuity, enter the same value as "Value of Property."

Enter the amount of cash you wish to receive from the sale of the asset(s) that will be used to fund the trust. This amount of cash will not go into the trust.

“We wanted to start paying it forward right away. Our scholarship is designed for people with mortgages and kids who need to keep their families going under the stress of other priorities.”

Barry + Maria Stahl
Barry and Maria Stahl Family Nursing Scholarship
“I had the great fortune of attending Viterbo, and scholarship support allowed me to have that amazing experience. Now I want to help other students achieve their potential and find out who they want to become.”

Dean Yohnk
Dean Yohnk First Generation Scholarship
“We have been very blessed in our lives and we thought it was a good time to give back. We couldn't think of a better way to help young people move forward in their lives and to show appreciation to Viterbo University for all it has given us.”

Joe + Lori Dunham
Joseph and Lori Dunham II Capital Market Business Scholarship

Your Legacy... Our Gratitude