Ways to Give
As you consider making a gift to Austin Peay State University, keep in mind that a gift may...
- be undesignated and applied where the need is greatest.
- be designated to a specific department or program.
- be matched by the donor's employer.
- be a current, outright gift of cash, securities, or personal property.
- be a deferred gift in the form of a trust, insurance, a will, a life estate, or even the remainder of retirement benefits.
- be made as a memorial.
- be used to set up a permanent endowment in the name of the donor or someone else.
- reduce the donor's tax liability.
A University-wide fund-raising program that solicits gifts on a yearly basis from alumni, parents, and friends. Annual gifts are generally expended during the year in which they are received and fall into one of two categories: unrestricted gifts, to be used as needed, and restricted gifts, designated for a specific purpose.
Awarded as contributions are received. Earnings do not accrue. Guidelines are established by the donor and the Austin Peay State University Advancement Office. Annual scholarship awards usually distribute all of the available funds each year and may be renewed annually.
A gift of appreciated stocks or bonds, which have been owned for more than one year, entitles a donor to a full tax deduction for the market value of the securities. Capital gains taxes are avoided, thus allowing the donor to make a substantial gift to the University with minimal out-of-pocket expense.
A charitable gift annuity is a simple combination of two concepts: a charitable gift and income for life. Think of it as the gift that gives back. A gift annuity allows you to make a gift to the Austin Peay State University Foundation, the program of your choice, and benefit from the following: Safe, fixed income for your life and the life of a loved one (spouse or parent); tax savings - immediately and in the future; favorable treatment of capital gains, if funded with appreciated assets; and membership in a giving society at the level of your gift.
A trust that provides income to the charitable organization, with the corpus of the trust reverting to the donor or donor's family after a specified period of time.
A trust in which a donor transfers assets to a trustee subject to the right to receive a fixed percentage of initial net fair market value of property for life.
A gift whereby the charitable organization does not benefit until sometime in the future, according to conditions stated in the contract. Alumni and friends often are able to make a longer investment in the future of Austin Peay than they thought possible through a deferred gift. Some deferred gifts will provide current income to the donor and a current tax deduction when the gift is established.
There are several ways to make a deferred gift:
- Wills, bequests and trust
- Residual interest in a home or other property
- Beneficiary assignment of a insurance policy
- Charitable remainder or lead trusts
- Charitable gift annuities
By supporting the college, department, or program of your choice, the donor is providing funds for the dean and faculty to use as needed.
Donors may choose to establish a scholarship or other type of permanent endowment for the benefit of APSU students and the enhancement of the University. Donors who establish endowments have the option to name the fund and establish guidelines through which the earnings are administered. An endowed scholarship can be established with a minimum contribution of $25,000. Funds are invested in the APSU Foundation and remain intact in perpetuity. The scholarship is distributed with interest earned. The spendable return from endowment funds, calculated on an individual fund basis, shall be 4 (4%) percent of a three year running average market value, plus 1 (1%) percent, calculated on the same basis, to be utilized to offset and recover operational expenses on endowments. Excess earnings are added to the principal of each fund in order to grow the endowment fund.
A contribution of equipment, supplies, or other property in lieu of money. A donor might consider a gift-in-kind to the University, or a contribution other than cash, stocks, and bonds, provided the gift is applicable to the mission of the university.
Making a gift of cash is probably the simplest way a person can support Austin Peay State University. Unrestricted gifts provide the University with a pool of resources which can be distributed to support projects, programs and highly-priority needs.
A donor transfers title to a home or farm to the University, reserves the right to live in/on the property and receives income from it. At the donor's death, the home/farm is the property of the institution.
Numerous opportunities are available for people who are interested in honoring or memorializing loved ones.
Making charitable gifts, resulting from a planning process which considers the effects of the gift upon a donor's estate. Planned gifts can be arranged through wills, trusts, life insurance, annuities, or the Foundation's polled income fund.
A signed and dated commitment to make a gift during a specified period according to specified terms.
A gift of real estate entitles a donor to the same tax benefits as a gift of securities, provided the property has been owned for more than a year.
A flexible agreement where by a donor transfers income-producing property to a trustee and receives income for a specified period. The remainder in the trust at the donor's death becomes the asset of the institution.
A person's statement to the public regarding the disposition of his or her property at death.