Donors may support the Collections with different types of gifts ranging from outright donations of cash and securities to life income gifts and sophisticated estate-planning vehicles that have favorable financial and tax benefits.
Cash + Securities
The simplest method of donating is with an outright gift of cash, which can be made by check or credit card. Next to cash, appreciated securities that are readily marketable are the most commonly donated assets. When you donate appreciated securities, you generally do not realize any capital gains tax.
By spreading payments over a period of time—typically not more than five years—pledges allow donors to make larger commitments and fulfill them at a comfortable pace.
A bequest provides for the Collections’ future while the amount of the bequest is deducted from the taxable portion of your estate. Including the Collections in your will permits maximum use of funds today and provisions for the Collections tomorrow.
There are a number of planned giving strategies that provide important tax benefits to the donor while supporting the Collections. Contact us to learn more about gifts of retirement, assets, real property, and the complete range of life-income gifts, including charitable remainder trusts, gift annuities, and pooled income funds.
Gifts made through any of the methods described above can be designated in honor or memory of a loved one or in celebration of a milestone event, such as a birthday or anniversary.
You can double or triple the impact of your gift if your, or your spouse’s employer participates in a Corporate Matching Gift program. Contact your human resources or personnel office to obtain a matching gift form and send it with your contribution.
A planned giving professional is on staff at the University to assist in structuring a gift that is right for you.