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Gifts of Cash
Cash gifts are immediately available to the university for both donor designated or undesignated purposes. Cash gifts are the most common means of philanthropy. Checks should be made out to Anderson University and mailed to the Office of Development, 316 Boulevard, Anderson, SC 29621. The donor may receive an income tax deduction for the value of the gift.
Gifts of Securities
Transferring securities, either stocks or bonds, allows you to make a gift to the university and receive a charitable deduction equal to the full market value. You also may avoid paying a capital gains tax on your charitable contribution. Please contact the Office of Development, email@example.com, 864-231-2147, or have your broker contact us for wiring instructions.
Gifts of Real Estate and Personal Property
Gifts of real estate can have special benefits for both the donor and the recipient. You may make a donation of real property in full or with a retained life estate. When donating real estate, you receive an immediate income tax deduction for the charitable value of the gift plus you avoid capital gains taxes on the appreciation. The gift can be arranged to allow you to continue to live in your home or use your vacation home and still receive a charitable deduction. This removes the real estate from your estate which also has some advantages to certain donors.
When making gifts of personal property, they must meet certain criteria in order to be accepted by the university.
Many companies offer matching gift programs to encourage employees (and in some cases, retired employees) to make charitable contributions. Matching gifts are a great vehicle for donors to maximize the impact of their gift. Many employers will match any charitable contributions made by their employees. To find out if your company has a matching gift program, contact the Human Resources office at your place of employment.
Commitment of Intent to Make a Gift
Commitment gifts are usually designated to a specific fund or program. You may make a commitment gift by emailing your intent to firstname.lastname@example.org or by requesting a commitment form. There are several ways you can make a commitment gift:
- Periodic cash gifts (we will send a reminder notice to you according to your instructions).
- Authorization by credit card.
- Electronic funds transfer (we can provide instructions on how to set this up).
Commitments of Intent are not binding on one's estate and may be altered at any time depending on the circumstances of the donor.
Memorials and Tributes
Memorial or tribute gifts provide you with the opportunity to recognize those who have made an impact on your life. This type of gift is a sincere way to celebrate the life and accomplishments of a relative, friend, professor, coach or student. Often, memorial or tribute gifts are used when establishing endowed or annual scholarship funds or naming opportunities in capital projects. Annual Fund gifts can also be made in honor or tribute of others.
Charitable estate planning is your way of making a difference in the lives of Anderson students through your will, trust, insurance policy, retirement plan or charitable gift annuity. Visit our planned giving website for more information or contact our office for a confidential conversation.