University Advancement How to Give University Advancement has a full staff of development professionals who are available to assist you with ways to give to the university. Gifts to the university are tax deductable. If you are considering a major gift, be sure to work with a good accountant, attorney, tax advisor or estate planner to maximize the tax advantages of your gift. Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized.
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise.
A pledge may enable a donor to consider a more significant gift than would have been otherwise possible. Terms for payment on pledges are flexible and at the option of the donor. Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to the University Advancement Foundation or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes.