As you consider making a gift to Austin Peay State University, keep in mind that a gift may...
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:
By supporting the college, department, or program of one's 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. Donors who establish endowments have the option to name the fund and establish guidelines through which the earnings are administered. Donors, however, cannot select or have direct influence in choosing scholarship or other award recipients. Funds are invested in the APSU Foundation and remain intact in perpetuity. The scholarship is distributed with interest earned. An endowed scholarship can be established with a minimum contribution of $25,000.
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.