Acceptable Gift Types
Cash or securities
Irrevocable pledge commitments payable within five to seven years
Irrevocable commitments via a planned gift
Realized benefits, with the donor receiving posthumous recongnition
Regarding facilities where private gifts have not been factored into the financing:
Deferred gift agreements in which assets are transferred irrevocable and in which there areno more than two income beneficiaries, both of whom are at least 60 years old at the time of the commitment.
Term charitable remainder trusts and deferred gift annuities will be considered on a case-by-case basis.
Qualifying Endowment Gifts
Facilities may be named to recognize donors endowment gifts if:
The total gift is at least 50 percent of the original estimate of the cost for construction or renovation, and
The gift is either unrestricted or for overall faculty/student/staff support for the university and/or the college or unit involved