A cash gift will be applied immediately to help fund the university’s highest and greatest needs or can be designated to a particular program, organization, college or department on campus. Cash gifts are tax deductible in the year the gift is given as allowed by law.
A gift of real estate provides the donor the opportunity to support Sam Houston State University, resulting in a possible charitable income tax deduction, a reduction in estate taxes, and reduction of capital gains tax.
SECURITIES, STOCKS, & BONDS
You may use stocks, securities and bonds as part of your gift or all of it. If the securities have appreciated greatly, you may find that you can make a larger gift at a lower cost than if the gift were made in cash. Gifts of closely held stock or other business interests can be converted into cash.
GIFTS IN KIND
Gifts-in-kind are generally defined as non-cash donations, other than real and personal property of materials or long lived assets. The IRS and the University require that gifts-in-kind valued at more than $5,000 also have an independent appraisal provided by the donor.
In many cases, employers will match the amount you give, making it possible to double or triple your support. To find out about matching gifts, search for your company here or contact your company’s human resource office.
MEMORIAL & TRIBUTE
Honorary gifts are a great way to memorialize a loved one, celebrate a special occasion or honor a person.