You may designate your gift to any UC program or purpose. Or if you prefer, allow UC to use your contribution for its greatest immediate needs or opportunities.
Gifts to UC tend to fall into one of three categories: outright gifts, pledges, and planned gifts.
Outright gifts are current contributions of cash, stocks, bonds, mutual fund shares, real estate and personal property. As a donor you can benefit from an outright gift in the form of a tax deduction based upon the current value of the gift and the avoidance of capital gain tax if the gift involves appreciated property.
A pledge is a gift commitment intended to be paid over a period of time. Your gift to UC can be paid over one year or several years. When making a pledge, you can specify when payments will begin and the frequency of payments (i.e., quarterly, semi-annually or annually).
Making increment payments with a pledge may enable a donor to consider a more significant gift that would have been otherwise impossible. With pledge payments, donors are entitled to income tax deductions allotted to the full extent provided by law.
A gift plan may be immediate or deferred. It may be made through a will, retirement plan, real estate, bargain sale, life insurance policy or other capital assets. Deferred gifts often provide the most attractive benefits to the donor.
Deferred gift vehicles are bequests, gift plans that generate income during one's lifetime, trusts that pay income to a charity with corpus passing to heirs, contract designations, and remainder interests in a personal residence.
Many types of gift plans provide financial returns for the donor. To help you estimate your income and tax benefits on such an arrangement, use our Gift Planning Calculator in our Guide to Gift Planning.
If you have questions, please call the UC Foundation Office of Gift Planning at 513-556-6293 or toll-free 888-556-8889.