Types of Gifts
Because there are a variety of ways to support the Department of Medicine, the following glossary should be helpful as you consider the type of gift you would like to make.
A gift at any level which can be made in honor or in memory of an individual or loved one. Some donors make gifts in honor of their physician while others make gifts in memory of a family member.
A contribution of equipment, supplies or other tangible property which is valued by the donor when the gift is made.
A donation from an employer which matches the employee’s contribution, sometimes doubling or tripling the amount of the gift. The employee (donor) gets full credit for the matching gift portion. Find out more about employer matches.
A gift which requires extra planning and consultation with our Development office. A planned gift typically involves tax-wise vehicles such as charitable gift annuities, charitable remainder trusts, life insurance, living trusts and bequests which enables you to maximize your contribution to the Department and/or our clinical divisions.
A promise to give over a period of years, usually three to five, which allows the donor to spread payments over a period of time, thus maximizing the gift.
Stock and Real Estate Gift
A donation of appreciated stock/real estate typically allows the donor to avoid capital gains tax while receiving full credit for the current value of the asset.