Making a financial gift to the Foundation ensures a better future for Fort Valley State University. Your donations offer success and fulfillment of our mission. Through educational excellence, your gifts provide opportunities for a better future. Making a gift to the Foundation also gives you a special return in the form of desirable tax benefits. Charitable contribution deductions on your income tax return and capital gains tax savings are very beneficial when tax time approaches. Future estate tax savings also may result from your gift.
All gifts are administered in strict compliance with the instructions of the donor. When a gift is not accompanied by instructions, it is administered as an unrestricted gift; that is, it is used to fulfill the greatest need of Fort Valley State University as determined by the Board of Directors, the officers of the Foundation, and the President of the university. In regard to the establishment of special funds, such as scholarship funds, the Foundation recommends that the details for the administration be worked out by the donor and a representative of the Foundation, and written instructions for the administration of the funds be drafted and signed by the donor.
Nothing is easier than giving cash. Make a donation designated for the university’s area of greatest current need. Contribute a large gift for a specific purpose, such as enhancing scholarships or facilities, or supporting a special activity. Ask us about the possibilities.
Mastercard and Visa credit cards are accepted by Fort Valley State University. You can donate by credit card at Donate here!
You or your spouse may work for a company that matches its employees’ gift to higher education. This program is a great way to double or even triple your gift to the university. Each year, Fort Valley State University benefits from corporate contributions initiated by company employees or retirees. Click here to find out more about matching gifts.
Remember a loved one, living or deceased, by donating a gift in their name. Scholarships awarded in memory of or tribute to a person leave a legacy in their honor.
Stocks, Bonds and Other Assets
Stocks or other investments that you have owned for at least one year and have increased in value become a substantial gift made at a low net cost to you. Appreciated assets can be ideal funding sources for charitable gifts that provide you (or someone you want to support) with a regular income for life.
Take a Capital Loss Yourself
If you own securities worth less now than when you purchased them, sell them and contribute the proceeds to the Foundation. Deduct the capital loss on your tax return – a tax break that is not available to us should you give us the securities directly.
A gift to Fort Valley State University Foundation of a life insurance policy is accomplished either by delivering an assigned ownership of the policy to the Foundation or by naming the Foundation the irrevocable owner and beneficiary of the policy. This provides for a definite large future gift at a small annual expense, and premiums are tax-deductible. Another way is to change the beneficiary of an existing policy, if the present beneficiary no longer needs protection. The Foundation can be named as the new beneficiary or co-beneficiary.
In most cases, a gift of tangible personal property, such as painting, antiques, books, artifacts or jewelry result in a charitable deduction. You may also escape the potential capital tax on the property’s appreciation.
It is often an advantage to contribute appreciated property rather than cash. Securities, homes, land, and other assets make ideal gifts. By donating gifts of appreciated property, you eliminate capital gains tax and receive a charitable deduction based on the full market value of your gift.
Name the FVSU Foundation as a beneficiary in your will and make a gift of cash, investments, or property from your estate.
A residual bequest provides that, after specific bequests are made to named individuals, Fort Valley State University receives the “residue” or the amount remaining in the estate.
If you already have a valid up-to-date will, you can have your attorney prepare a codicil to your will naming the university as a beneficiary without having to rewrite your entire will.