RPI offices will be closed on Friday, December 23, 2022, and will reopen on Tuesday, January 3, 2023. Please use the following as a guide to make your year-end gift.

Year-End Giving Tips

Your philanthropic support plays a key role in our ability to provide a world-class education to future generations of RPI alumni. As you consider your year-end giving options, here are a few tips to maximize your year-end donation!

Charitable Gift Annuity (CGA) Rate Increase: The gift that pays you…even more

  • Good news! CGA rates went up on July 1. This means higher payments for you for life, no matter what the markets do. (For example, a 72-year-old who was eligible for a CGA rate of 4.9%, is now eligible for a rate of 5.5%!)
  • With a gift annuity, you make a donation using cash, marketable securities or other assets, and we, in turn, pay you a fixed amount for life.*
  • Establish a CGA before 12/31/22 for a 2022 charitable deduction.

To learn more about CGA’s please contact Drew Babitts, Director of Gift Planning at babita@rpi.edu or 518-276-8365.

*CGA’s may not be available to residents in certain states. Age restrictions apply.

Qualified Charitable Distribution (QCD) from Your IRA

Quick Facts:

  • Must be 70 ½ or older.
  • Donate up to a total of $100,000 per year.
  • Must be transferred directly from your IRA to Rensselaer.
  • Does not create taxable income, nor is it tax deductible.

DOWNLOAD A SAMPLE LETTER FOR YOUR IRA ADMINISTRATOR

Donating Long-term Appreciated Securities: The Benefits

Quick Facts:

  • Costs less because you paid less. No capital gains tax.
  • Itemizers can deduct the fair market value.
  • Eliminate capital gain from your portfolio by repurchasing the security with the cash you would have donated.

VIEW TRANSFER INSTRUCTIONS

Donor Advised Fund Gifts

  • Donor Advised Fund gifts are another year-end gift option and make an immediate impact to help our students change the world.

VIEW DETAILS AND GIVE NOW FROM YOUR DONOR ADVISED FUND

Please note that the content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice.

Frequently Asked Questions (FAQ)

Gifts of cash (money order) or personal check are generally tax deductible up to 50% of the donor’s adjusted gross income. Any excess can be carried over for five years.

Send your gift to RPI via secure lockbox:

Rensselaer Polytechnic Institute
Gifts Processing Center
P.O. Box 3164
Boston, MA 02241-3164

For information about giving stock and securities please visit our Appreciated Securities page.

For information about all our giving options please visit our How to Give page.

Note: If you’d like to make a gift in honor or memoriam, please indicate the name of the person on the memo line in your check, or on the online form. You may also email us and let us know a recent gift is in honor or memoriam.

For your year-end contribution to be credited for the 2022 tax year, please make your gift on or before December 31, 2022.

Yes, a representative will be available via phone (518) 276-6055 and email to answer questions. We will return your message as soon as we can.