Ways to Give
Find out what types of assets make the best planned gifts. Learn about gifts of cash, securities and property. Click on a gift model below to learn more.
A gift of appreciated securities, including stocks or bonds, is an easy way for you to make a gift to Drew University.
Here are some of the potential benefits:
It’s easy. Please contact us for delivery instructions to make a transfer from your brokerage account to Drew University.
If you hold securities in certificate form, you will need to use two envelopes to complete your gift. In the first, place the unsigned stock certificate(s) or bond(s). In the other, include a signed stock power for each certificate. You may obtain this from your broker or bank. Please remember to use certified mail. Contact us to let us know that you are forwarding securities to us and send them to a specific person’s attention.
A gift of your appreciated real property (such as your home, vacation property, vacant land, farmland, ranch or commercial property) can make a great gift to Drew University.
Here are some of the benefits you may enjoy:
Your real property may be gifted to Drew University by executing or signing a deed transferring ownership. You may deed part or all of your real property to Drew University. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
Please contact us if the property you wish to give has existing debt or a mortgage. Check with us on the capital gains tax implications of your gift. You also may be interested in life income options.
A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension or other tax deferred plan, is an excellent way to make a gift to Drew University.
If you are like most people, you probably will not use all of your retirement assets during your lifetime. Make a gift and help further our mission.
Did you know that 60 to 65 percent of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis (such as real estate and stock) and give the retirement assets to Drew University. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.
Your retirement assets may be transferred to Drew University by completing a beneficiary designation form provided by your plan custodian. If you designate Drew University as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
A donation of cash is a simple and easy way for you to make a gift.
Donating a cash gift can be done by mail, telephone, or internet. Please let us know if you would like your gift used for a specific purpose by indicating this in the memo line of your check or when you communicate with us.
Did you know that you can mail a check on December 31st and, even if the check is not received and cashed by Drew University until after the new year, the IRS will allow you to take a deduction in the year the check was mailed? Keep this in mind for year-end tax planning!
If you have any questions about gifts of cash, please contact us. We would be happy to assist you and answer any questions that you have.
A gift of your life insurance policy is an excellent way to make a gift to Drew University.
If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission.
Did you know that you can give your life insurance policy to Drew University today and receive a charitable income tax deduction? You can also make deductible contributions to Drew University each year which we may use to pay the premiums. We benefit from the proceeds of your policy.
You can also designate Drew University as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to us.
If you have any questions about making your gift of life insurance, please contact us with your questions or comments.