Below is a list, although not comprehensive, of possible ways for Austin Peay alumni
to get involved and give back to the university.
As you consider making a gift to Austin Peay State University, keep in mind that a
· be undesignated and applied where the need is greatest.
· be designated to a specific department or program.
· be matched by the donor's employer.
· be a current, outright gift of cash, securities, or personal property.
· be a deferred gift in the form of a trust, insurance, a will, a life estate, or
even the remainder of retirement benefits.
· be made as a memorial.
· be used to set up a permanent endowment in the name of the donor or someone else.
· reduce the donor's tax liability.
A gift whereby the charitable organization does not benefit until sometime in the
future, according to conditions stated in the contract. Alumni and friends often are
able to make a longer investment in the future of Austin Peay than they thought possible
through a deferred gift. Some deferred gifts will provide current income to the donor
and a current tax deduction when the gift is established. There are several ways to
make a deferred gift:
Wills, bequests and trust
Residual interest in a home or other property
Beneficiary assignment of a insurance policy
Charitable remainder or lead trusts
Charitable gift annuities
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.
Numerous opportunities are available for people who are interested in honoring or
memorializing loved ones.
A charitable gift annuity is a simple combination of two concepts: a charitable gift
and income for life. Think of it as the gift that gives back. A gift annuity allows
you to make a gift to the Austin Peay State University Foundation, the program of
your choice, and benefit from the following: safe, fixed income for your life and
the life of a loved one (spouse or parent); tax savings - immediately and in the future;
favorable treatment of capital gains, if funded with appreciated assets; and membership
in a giving society at the level of your gift.
A contribution of equipment, supplies, or other property in lieu of money. A donor
might consider a gift-in-kind to the University, or a contribution other than cash,
stocks, and bonds, provided the gift is applicable to the mission of the university.
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
Donors may choose to establish a scholarship or other type of permanent endowment
for the benefit of APSU students and the enhancement of the University. Donors who
establish endowments have the option to name the fund and establish guidelines through
which the earnings are administered. An endowed scholarship can be established with
a minimum contribution of $25,000. Funds are invested in the APSU Foundation and remain
intact in perpetuity. The scholarship is distributed with interest earned. The spendable
return from endowment funds, calculated on an individual fund basis, shall be 4 (4%)
percent of a three year running average market value, plus 1 (1%) percent, calculated
on the same basis, to be utilized to offset and recover operational expenses on endowments.
Excess earnings are added to the principal of each fund in order to grow the endowment
A gift of real estate entitles a donor to the same tax benefits as a gift of securities,
provided the property has been owned for more than a year.
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.
By supporting the college, department, or program of one's choice, the donor is providing
funds for the dean and faculty to use as needed.
Making charitable gifts, resulting from a planning process which considers the effects
of the gift upon a donor's estate. Planned gifts can be arranged through wills, trusts,
life insurance, annuities, or the Foundation's polled income fund.
Making a gift of cash is probably the simplest way a person can support Austin Peay
State University. Unrestricted gifts provide the University with a pool of resources
which can be distributed to support projects, programs and high-priority needs.
A gift of appreciated stocks or bonds, which have been owned for more than one year,
entitles a donor to a full tax deduction for the market value of the securities. Capital
gains taxes are avoided, thus allowing the donor to make a substantial gift to the
University with minimal out-of-pocket expense.
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.
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.
A signed and dated commitment to make a gift during a specified period according to
A flexible agreement whereby 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.
A person's statement to the public regarding the disposition of his or her property