Ways To Give
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 gift may...
· 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.
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.
Austin Peay State University Foundation has recently retained the services of The Atlanta Consulting Group Inc.
Effective immediately, please direct all stock donations to our new custodian, Charles Schwab.
Austin Peay State University Foundation
Schwab account number: #6579-9746
Please disregard any previous instructions related to US Trust or Merrill Lynch.