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Giving 101
Introduction
Your first step in making a gift to the College of Agriculture and Natural Resources is to consider the types of assets you may contribute, and the major giving methods. This page summarizes both, and provides links to more detailed information. You may also consult Frequently Asked Questions, the College’s External Relations staff and your financial and tax professionals.
Types of Assets to Contribute
Cash
Cash is the simplest form of gift to make. It is also the most flexible and immediate gift for the College of Agriculture and Natural Resources to use. It is usually sent by mail in the form of a check or money order. It may also be provided via a credit card.
Non-Cash Assets
Gifts of non-cash assets let you support the College of Agriculture and Natural Resources while keeping your cash flow intact. In addition, non-cash gifts provide long-term financial planning benefits while ensuring the school long-term funding capacity. Common non-cash assets are:
Land, real estate and personal property
Gifts of property can result in important tax savings. When you make gifts of property, certain value appraisals are required. These transactions will be handled by you in conjunction with your legal representative.
Appreciated securities/stocks
Stocks are a convenient non-cash gift. The transactions can be handled by you directly or by a financial representative and have multiple benefits that vary with each individual's portfolio. Learn more...
Giving Methods
Direct Contribution
A direct contribution is a transaction in which the value of the asset is provided to the College of Agriculture and Natural Resources at the time the gift is made. Cash is usually a direct contribution.
Estate or Planned Gifts
Gifts made through your estate or will can help you realize your philanthropic goals during or after your lifetime. In addition, estate gifts to the College of Agriculture and Natural Resources may be structured to provide you income streams immediately. Bequests, charitable gift annuities, charitable lead trusts, charitable remainder trusts and pooled income funds are all types of planned gifts. You may also name the College of Agriculture and Natural Resources as a beneficiary of an IRA, 401k or insurance policy. Learn more...
Please contact your financial and tax professional to further discuss which option best suits your needs.
For more information, contact Brian Magness
Last updated: 10/2/2006
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