| Ways
of Giving |
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| There are many ways to make a charitable gift to the Shippensburg University Foundation. Tax benefits may derive from each option, so a gift may be tailored to your interests and financial context. | ||
| Descriptions below are intended to draw attention to different options. They are not intended to provide specific financial or tax guidance, which individuals must seek from their personal financial advisors. | ||
| Restricted and Unrestricted Gifts. Gifts of any size may be designated for a specific Campaign goal chosen by the donor or a gift may be made without restrictions. Unrestricted gifts have the advantage of enabling Shippensburg to allocate the funds where they are most needed. | ||
| Named Gifts. There are many opportunities to make a gift to the campaign in honor or memory of someone, or to associate your name with a major project or endowment. The Shippensburg University Foundation will be pleased to provide a list of such opportunities to donors or discuss other naming suggestions. | ||
| Gifts of Cash. Most gifts to the Campaign will be cash contributions, for which donors may receive tax benefits if they itemize deductions. | ||
| Pledges. Pledges to the Campaign may be paid over five to seven years. | ||
| Securities. Many donors may realize substantial tax advantages by transferring gifts of appreciated stock. Capital gains on the amount of appreciation are avoided, and the donor receives a tax deduction for the stock's full market value. | ||
| Real Estate. Gifts of real estate can be advantageous ways of making sizeable gifts to Shippensburg while allowing the donor to realize a tax deduction and avoid the capital gains tax. In the case of residences, you can retain lifetime occupancy if you wish. | ||
| Other Property. Gifts of tangible property may result in an immediate tax deduction for the donor, with the amounts of the deduction determined by whether or not the gift is related to the educational purposes of the University. The gift may also lessen or eliminate the donor's estate taxes. All gifts-in-kind will be credited to the Campaign at the appraised value. Gifts-in-kind include donations of art, equipment, rare books, real estate, and similar non-monetary contributions. | ||
| Matching Gifts. Thousands of companies will match donations to the Shippensburg University Foundation by their employees. Donors are urged to request that participating companies match their gifts. | ||
| Deferred Gifts and Bequests. Many donors discover that they can make a substantial gift to the Shippensburg University Foundation through deferred giving. Usually, deferred gifts are trust funds from which the income is paid to the donor during his or her lifetime, with the principal going to the Shippensburg University Foundation after the donor's death. Donors may enjoy full tax benefits for such contributions, enhancing their own financial situation even as they make a lasting contribution to Shippensburg. Unrestricted bequests, expressed as a percentage of an estate, often convey the donor's intentions more accurately than a specified sum. The SU Foundation can provide details about the many forms that a planned gift may take and the tax advantages associated with each. | ||
| Related Links | ||
| Named Gift Opportunities | ||
| Planned Giving | ||
| Sample Bequest Wording | ||
| How Your Gifts Benefit SU |