There are many ways you can donate to Drew University.
Drew’s fiscal year is July 1–June 30 every year. Gifts to Drew University, which are tax deductible to the extent allowed by law, must be received or postmarked by December 31 to be eligible for a charitable deduction on income tax returns for that calendar year, or by June 30 to be included in the University’s fiscal year–end totals.
Ways to Give
Outright Gifts
The most immediate impact comes from outright gifts. Learn more about how to make your gift by check, credit card, wire transfer, appreciated securities or matching gift donation.
Make a Gift Online
Drew accepts gifts online. To make a gift using your credit card, please access our secure, easy-to-use make-a-gift form.
Caspersen School Alumni Council
BY MAIL
Checks made payable to “Drew University” should be sent to: Drew University, Office of University Advancement, 36 Madison Avenue, Madison, NJ 07940
BY PHONE
You may call 973-408-3762.
BY WIRE TRANSFER
While most donors send personal checks, Drew also accepts cash gifts by wire transfer. To make a gift to Drew by wire, please contact us at [email protected] or 973-408-3762.
GIFTS OF APPRECIATED STOCKS AND BONDS
Donating appreciated securities is an outstanding and easy way to show your support for Drew. It may also provide you with significant tax benefits including the opportunity to avoid paying capital gains taxes on the donated assets.
Note: Before transferring any securities to Drew, please contact the Office of University Advancement at [email protected] or 973-408-3762. It is important that the University know—in advance—the name of the stock and the number of shares you will be donating so that we can properly identify and record your gift.
MATCHING GIFTS
Many companies offer a matching gift program that can double or triple the amount of your gift. Check with your company’s human resources department to determine eligibility and obtain matching gift forms. Retirees, board members and spouses of employees may also be eligible. Please contact us at [email protected] or 973-408-3762 with questions about matching gifts to Drew.
Recurring Gifts
A recurring gift to Drew is easy and convenient and is a great way to ensure your continued support for Drew. You can easily make your gift in regular monthly installments charged to your credit card. Visit our online giving page and select “Make this Donation Monthly” or call us (973-408-3762) to set up an installment gift.
Multi-Year Pledge
By committing to a series of donations over a period of years, you can be recognized as if you had given the combined total all at once and have a greater impact on Drew and its students. All donors who pledge elect a payment schedule and receive annual reminders about the pledge balance and amount due. Please contact the Office of University Advancement at [email protected] with questions about making a multi-year pledge to Drew.
Tribute Gifts
Any gift to Drew can be made in honor or memory of a professor, student, alumnus/a or friend of the University. When a tribute gift is received, Drew sends a letter to the honoree or next-of-kin, acknowledging the commemoration.
A leadership level gift in the form of an endowed fund, such as an academic internship, scholarship or a faculty chair, is also a meaningful way to establish a permanent legacy for the donor, beloved professor or another special person. Please contact the Office of University Advancement at [email protected] with questions about tribute gifts.
Gifts-In-Kind
Drew University accepts gifts-in-kind that are appropriate to its mission. Gifts-in-kind may include, but are not limited to, works of art, books, scientific equipment and musical instruments. Please contact the Office of University Advancement at [email protected] with questions about making a gift-in-kind to Drew.
Planned Gifts
Some gifts require special planning. These planned gifts can allow a donor to make a significant gift to Drew, generate a charitable income tax deduction, provide life-income, and reduce estate and gift taxes. Begin planning your legacy by contacting the Office of University Advancement at [email protected], or learn more about planned giving.
IRA Charitable Rollover
In December 2015, the House of Representatives and Senate passed, and the President signed into law, the Protecting Americans from Tax Hikes (PATH) Act, which makes permanent the IRA charitable rollover. Individuals who are at least 70½ years old when they make the gift are eligible.
When you choose to make a gift from your IRA account, the distribution is mailed (or wired) directly to Drew University. The total you distribute under this plan—to Drew and all other charitable organizations—can not exceed $100,000 in a given calendar year.
Benefits of an IRA charitable rollover:
- Avoid taxes on transfers of up to $100,000 from your IRA to Drew
- Satisfy your required minimum distribution (RMD) for the year
- Reduce your taxable income
For more information, contact the Office of University Advancement at [email protected].