Gifts That Reduce Your Taxes

With a gift for RPI, you can bring new meaning, and new substance to the question: “Why not change the world?”

What’s more, you can leave these generous gifts now and you may receive tax benefits to enjoy for yourself.

Gift of Cash

One of the most common ways to make a gift to Rensselaer Polytechnic Institute is to write a check, make a gift using a credit card, or donate online.

Bank & Brokerage Accounts

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Rensselaer Polytechnic Institute (Tax ID: 14-1340095) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward changing the world through education and research.

Retirement Assets

A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield you or your heirs from taxes while funding Rensselaer.

Life Insurance
Life insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members.
Personal Property

A gift of artwork, coins, antiques, or other personal property can be an excellent way to support Rensselaer.

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Drew Babitts, MBA, CAP®

Drew Babitts, MBA, CAP®

Director, Gift Planning

Rensselaer Polytechnic Institute