|
Cash
/ Outright gifts | Stocks / Securities | Life Insurance |
IRA, 401(K), 403(b) and Pension Plan | Gifts of Real Property |
Gifts of Closely Held Stock | Bequests & Other Planned Gifts
For over a hundred years Hunter College has been the
beneficiary of the generosity of alumni and friends
who care about the future of Hunter College. When you
give to Hunter, you can help make dreams come true by:
- Supporting students
- Recruiting and retaining the best faculty
- Developing and strengthening academic programs
Options for giving include:
Gifts
of Cash / Outright gifts
Your cash contribution to support Hunter College is immediately
available to the College to support its programs and services,
and it is tax deductible*. Outright charitable gifts can be
made by phone (212) 772-4085 or by credit card or by check.
Checks should be made payable to
Hunter College Foundation and mailed to:
The Hunter College Foundation, Inc.
695 Park Avenue, 1313 East
New York, NY 10065
For further questions call (212) 772-4085.
Gifts
of Stocks / Securities
If you have marketable securities/stocks that have grown in
value, tax
laws make it possible for you to make a significant gift to the college
with remarkably low after-tax cost. A gift of appreciated stock
qualifies for an immediate tax deduction*, avoids long-term capital
gains tax and helps Hunter College support the needs of its current
and future students. For instructions about making a gift of stocks /
securities to Hunter College, please call (212) 772-4085.
Life
Insurance Gifts
If you own a life insurance policy and no longer require its protection,
you may wish to consider transferring ownership to Hunter College.
By donating a life insurance policy to Hunter College, you can receive
an income tax deduction* and remove the asset from your estate,
thus reducing estate taxes. In general, if a paid-up policy is donated,
your charitable deduction is equal to its replacement value. If
premiums remain to be paid on the policy, you can make the Hunter
College Foundation the beneficiary of the policy and continue to pay
the premiums. You will receive an immediate tax deduction* of
approximately the cash surrender value, and you will receive
additional tax deductions* for the premiums you pay in future years.
For instructions about making a gift of life insurance to Hunter College,
please call (212) 772-4085.
IRA,
401(K), 403(b) and Pension Plan Gifts
You may donate all or part of your IRA, 401(K), 403(b) or
other qualified retirement plan to Hunter College. Retirement
assets can be donated during your lifetime or as
part of your estate. In general, any funds withdrawn from an IRA
during your life will be subject to income tax. However, if the funds are
donated for charitable use, there is an offsetting charitable income tax
deduction.* Your estate can save both income taxes and estate taxes
if you make the Hunter College Foundation a beneficiary of your IRA,
401(K), 403(b), pension plan or other qualified retirement plan. For
instructions about making a gift of your IRA, 401(K), 403(b) or pension
plan to Hunter College, please call (212) 772-4085.
Gifts
of Real Property
The College will consider gifts of tangible personal property, including
but not limited to works of art, manuscripts, literary works, boats,
motor vehicles, and computer hardware, after a thorough review
indicates that the property is readily marketable or needed by the
college for education, research or a combination of both purposes.
For instructions about making a gift of real property, please
call (212) 772-4085.
Gifts
of Closely Held Stock
The College will consider gifts of closely held stock. For instructions
about making a gift of closely held stock to Hunter College, please contact
the Development Office at (212) 772-4085.
Bequests
& Other Planned Gifts
For more information about leaving a legacy to Hunter College, please
contact the Development Office at (212) 772-4085.
* Gifts to the Hunter
College Foundation are tax-deductible to the fullest extent
allowed by law. Current IRS guidelines allow gifts of cash
to be deducted up to 50% of your adjusted gross income. Any
amount that exceeds this limit may be carried over for up
to five years. As with all financial and tax-related matters,
you should consult with your own advisors before making a
charitable contribution.
back
to top |
