How can I give?

Many Austin Peay students benefit from both state-funded and privately funded scholarships. We are very grateful to those donors who have chosen to establish a scholarship at Austin Peay and hope you will find this section of our web site helpful and informative.

If you wish to establish a scholarship at Austin Peay or would like more information, please contact:

   Sharon Silva
   University Advancement Office
   Austin Peay State University
   P. O. Box 4417
   Clarksville, TN 37044-4417
   931-221-7199 (phone)
   931-221-6289 (fax)
   silvas@apsu.edu

Ways To Give

In addition to the traditional gifts of cash, there are other ways to make private contributions to Austin Peay. These methods can provide significant tax savings beyond the normal charitable gift deduction. Please consult with your accountant, attorney, banker, investment adviser or University staff for specific information.

Annual Giving -- 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.

Annual Scholarships -- 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.

Charitable Lead Trust -- 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.

Charitable Remainder Annuity Trust -- 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.

Deferred Gift -- a gift whereby the charitable organization does not benefit until sometime in the future, according to conditions stated in the contract.

Endowed Scholarship -- 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 $15,000.

Gift-in-Kind -- a contribution of equipment, supplies, or other property in lieu of money.

Life Estate Agreement -- 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.

Planned Giving -- making charitable gifts, resulting from a planning process which considers the effects of the gift upon a donor's estate.

Pledge -- a signed and dated commitment to make a gift during a specified period according to specified terms.

Revocable Living Trust -- 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.

Bequest/Will -- a person's statement to the public regarding the disposition of his or her property at death.