Outright Gifts can be made in variety of ways:
Gifts of Cash
Gift of cash are usually made in the form of a check and made payable to the SU Foundation. Donors may receive tax benefits if they itemize deductions.
Electronic Funds Transfer
Electronic Funds Transfer (EFT) is a secure way to deliver your gifts directly and automatically from your bank or investment account to the Shippensburg University Foundation. Just like making a gift online, EFT gifts allow us to minimize expenses – meaning more dollars to support Ship students. When you make an EFT gift, your bank or investment account disperses the funds automatically according to your instructions until you decide to stop. To make your gift via EFT, simply download, complete, and return the EFT Authorization Form. Mail to: Shippensburg University Foundation, 1871 Old Main Drive, Shippensburg, PA 17257
Many donors may realize substantial tax advantages by transferring gifts of appreciated stock. Capital gains taxation on the amount of appreciation is avoided, and the donor receives a tax deduction for the stock’s full market value.
A gift of real estate can be an advantageous way of making sizeable gifts to the SU Foundation while allowing the donor to realize a tax deduction and avoid possible capital gains tax. In the case of residences, you may retain lifetime occupancy if you wish.