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Planned Gifts
You are here: Home : Alumni : How You Can Give Back : Planned Gifts
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Planned Giving is a Win-Win Situation for You and Elmira College

Planned Gift Options

With a carefully thought-out, individualized Planned Gift, you can accomplish all these things 

  • Convert a Non-Income Producing Asset Into Cash
  • Increase Your Income
  • Benefit Elmira College
  • Generate a Charitable Deduction
  • Avoid Capital Gains Tax
  • Remove Assets From Your Estate 
For example...

  • You would like to create a Planned Gift that will benefit you, your spouse, AND Elmira College.
  • You decide to fund the gift with appreciated assets, like stock or real estate.
  • The appreciated assets are used to create a Charitable Gift Annuity.
  • By making the gift this way you can take a partial tax deduction equal to a percentage of the fair market value of the gift.
  • The asset can then be sold without capital gains tax consequences for you, the donor.
  • The Gift Annuity provides a lifetime income option for you, and, for your spouse.
  • You can avoid potential estate tax.
  • After your lifetime the remainder value goes to the College.
The Iris Society
Elmira College honors those who have established planned gifts through their financial planning by inviting each donor to become a member of The Iris Society. Members receive an iris pin and are recognized each year in The Annual Report of Gifts.

 
 


For Further Information, Call or Write:
Sherry Trocino
Vice President and Dean of Development
Elmira College
One Park Place
Elmira, NY 14901
607-735-1770
FAX: 607-735-1745

Stories of Giving
EC Trustee Stays True to Elmira Area 

Joel Robinson says that he’s always considered himself “an Elmira man.” Born in Sayre, Pennsylvania, Joel moved to Elmira  at the age of one. Joel graduated from Elmira High School during the height of the Depression. He was fortunate to have an opportunity to go and study at Columbus University, where he earned his law degree. Afterwards he became a special agent in the Federal Bureau of Investigation. Joel was with the agency for over seven years, during that time he played basketball for the FBI. It was during this time that he met Hazel. They were married in 1942, during the turbulent war years. Joel left the FBI and served in army intelligence during the course of the war. Afterwards Joel started his own lumber company in Elmira, Robinson’s Building Materials, in March of 1957. Together Joel and Hazel have worked tirelessly to serve the local community. From 1970 to 1986 Joel served Elmira College as a member of the Board of Trustees. Now, Joel and Hazel enjoy retirement here in Elmira and spending time with their family. They have four children, eight grandchildren, and four great-grandchildren.  In 2005 Joel and Hazel Robinson established a charitable gift annuity at Elmira College.