Memorials and Tributes
A Gift That Honors a Life
If you have a loved one who has been impacted by Cornell College, establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion such as a birthday while supporting the work of our mission. Your memorial or tribute gift will be a lasting honor to your loved one and make a difference in the lives of the students we serve.
Here is a Potential Scenario
When Sarah's father passed away, she knew she wanted to do something that would establish a lasting legacy for him. She remembered that during his lifetime he expressed heartfelt gratitude for his Cornell education and its impact on his life. So Sarah decided to make a gift to Cornell in her father's name using appreciated securities. Not only will her father's legacy live on at Cornell thanks to this gift, but Sarah also received a federal income tax charitable deduction (because she itemizes her taxes) and eliminated capital gains tax on the securities.
- Contact Kristi (Webster) Columbus '96 at 319.895.4315 | 877.683.7666 or email@example.com for additional information on creating a memorial or tribute gift at Cornell.
- Seek the advice of your financial or legal advisor.
- If you make a memorial or tribute gift to Cornell through your estate, please use our legal name and federal tax ID.
Legal Name: Cornell College
Address: 600 First Street SW, Mount Vernon, IA 52314
Federal Tax ID Number: 42-0680335
Not Sure How to Begin Planning?Download our Complimentary Personal Estate Planning Kit
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 any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual 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.