Your Goal
Supporting the future of Texas A&M with a significant personal contribution is important to your philanthropic goals. Receiving an immediate charitable income-tax deduction would benefit your financial situation. You would like to relieve yourself of a property that you do not use, a highly appreciated property you are hesitant to sell in light of substantial capital-gains taxes, or an investment property that has become a hassle. You would like to increase your income.

Benefits

• You receive an immediate charitable income-tax deduction.
• You avoid up-front capital-gains taxes.
• You receive payments for life.
• You eliminate the burdens of property ownership.

In 2005 Sadie and William Stromberg ’51 funded a charitable remainder unitrust with half of their family farm, 236 acres of land near Austin, that had been in the Stromberg family for more than a century.

“We could see that selling the land made good sense, good not just for the university, but for us, too. Between the income from the charitable trust, charitable tax deduction and capital-gains benefits, the savings add up. It was the right thing to do.” -William Stromberg ‘51