There are a variety of ways in which a Special Gift can be made to Salisbury University. Every dollar you give outright to support SU is tax deductible.
Gifts of Cash - Cash gifts are the most common form of giving. Cash gifts have many advantages, one of which is that they are immediately available to assist in our programs.
Gifts of Appreciated Securities - If you have marketable securities that have grown substantially in value, the tax laws make it possible for you to make an important gift at a remarkably low after-tax cost. Not only will a gift of this nature allow you the income tax deduction associated with a charitable gift to SU, but it will also avoid the long term capital gains tax on your paper profit. These double tax savings for you result in an economic gift that benefits SU.
Gifts of Real Estate - The tax benefits for gifts of appreciated real estate are virtually identical to those for gifts of appreciated securities. Gifts of appreciated real property such as undeveloped land, farms or personal residences may be transferred by deed with no liability for income or estate taxes on the appreciation.
Gifts of Personal Property - Antiques, paintings, boats and other effects can be valuable assets for giving. Some restrictions apply to gifts of this nature, but those accepted do offer similar tax benefits as real estate and securities.
Life Insurance - You can name Salisbury University as the beneficiary of a life insurance policy. This provides a yearly tax deduction to you for the premiums paid on the policy.
For more information on any of these giving options, please call:
Jason Curtin ‘98
Salisbury University Foundation, Inc.
P.O. Box 2655
Salisbury, MD 21802
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