Gifts of transferable partnership interests can benefit both you and Williams College.

Partnership interests can be used to fund outright gifts or, in certain cases, life-income arrangements such as Charitable Remainder Trusts. They can be given during your lifetime or at your death through your estate. Gifts of partnership interests qualify for a charitable deduction based on (but not necessarily equal to) the difference between your share of the fair market value of the partnership’s assets and your share of the partnership’s liabilities.

Gifts of partnership interests involve issues of valuation, suitability of Williams College as a partner, transfer restrictions, unrelated business income, and tax consequences to the donor. Such gifts should be carefully reviewed by legal and tax counsel and discussed with the Williams College Office of Gift Planning before proceeding.

Call (413) 597-3538, email the Williams College Office of Gift Planning, or complete the personal illustration form on this website so that we can assist you through every step of the process.

Gifts of Other Assets
How to give other assets, such as: Retirement Plans, Charitable Bargain Sales, Closely-Held Stock, Partnership Interests, Tangible Personal Property, and Life Insurance.