Meet Our Donors
Wrestling and Wartburg: The Bubbs' Legacy
Longtime wrestling enthusiasts Larry and Karen Bubb were excited to live in a state with a strong wrestling reputation when they moved to Waverly in 1990. Then they discovered the wrestling program at Warburg. More
Thank You for the Wartburg Experience
Don't let your Wartburg memories fade. Learn how one Wartburg alumnus is celebrating his Wartburg experience with a gift that will support future students for years to come. More
Wartburg Scholarships Honor Our Past and Impact Our Future
Did you know that more than 90 percent of Wartburg students receive financial assistance, such as a scholarship? If you're interested in supporting Wartburg students through a scholarship, read on to learn about different types of scholarships and how you can help. More
A Win-Win Way to Support Wartburg
"They will provide Wartburg with future funds to support its mission, and they also give me some additional income," says Grayce Hartman '60. What gift vehicle is she describing? The charitable gift annuity. Find out if this donation option is right for you. More
Charitable Trust Benefits Donors, Their Children and Wartburg College
When Alvin '57 and Jeannette Bahlmann '58 sat down to plan the distribution of their estate, they wanted to ensure that provisions had been made for their four children. More
Life Insurance Gift Results in Benefits for Donors and Students
J. Robert (Bob) and Joan Loslo had always planned to include Wartburg College in their wills. More
50-Plus Years of Loyalty to Wartburg Inspire Bentzes' Generosity
Myrin and Audrey Bentz met at Wartburg College and married immediately following Myrin's graduation in 1957 with a liberal arts degree. More
Kleinfeld Gift Enhances German Cultural Studies
Dr. Gerald R. Kleinfeld, a professor emeritus of history at Arizona State University, has created the Gerald R. Kleinfeld Distinguished Professorship in German History. More
Recent Grads Make Unprecedented Gift
Five recent graduates made an unprecedented gift to Wartburg College, helping the Class of 2004 raise more money than any senior class in the college's history. More
Win-Win Opportunity for Avid Knights Fan
An avid sports fan and a staunch supporter of the Knights, C. Wallace (Wally) Lynes has witnessed hundreds of Wartburg victories over the years. But until recently, he didn't know about the "win-win" opportunity a charitable gift annuity could offer both him and the college. More
Alumni Couple Shares Commitment to Service
Happily married for nearly 42 years, Marvin '61 and Barbara Clasen '59 Ehnen have plenty in common. Besides their alma mater, they also share a commitment to service and stewardship, two qualities that were nurtured during their years at Wartburg College. More
Wendell H. and Elaine J. Matthias: Gift Works Well for Donors and Wartburg
Know the difference between a Matthias family reunion and a Wartburg College reunion? There is no difference. More
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
A charitable bequest is one or two sentences in your will or living trust that leave to Wartburg College a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
The bequest language for Wartburg College is "I [name], of [city, state ZIP], give, devise and bequeath to Wartburg College, Waverly, Iowa, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Wartburg College or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Wartburg College as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Wartburg College as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and Wartburg College where you agree to make a gift to Wartburg College and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.