Current Gifts

Gifts of Cash
You may provide cash to the University of Central Arkansas Foundation for a purpose you specify or, if you prefer, the Margin of Excellence Fund that allows us to use your gift where the need is greatest.

Gifts of cash may be made by check, by credit card, by bank draft or through our online giving service. Outright gifts of cash are deductible in keeping with applicable current tax laws.

Gifts of Closely Held Stock
In some situation, a donor may wish to make a gift of stock in a closely held corporation. If you own highly appreciated stock in a company that has significant cash reserves, this may be the best way for you to make a sizable gift.

 

When closely held stock is gifted, the donor is usually entitled to receive a charitable income tax deduction for the appraised value of the stock, in an amount up to 30 percent of adjusted growth income. Like gifts of appreciated securities and cash, any excess may be carried over into the next five years. This gift is beneficial because it allows the donor to make a gift without realizing capital gains tax on the appreciated value of the stock, and it allows the corporation to use a potentially taxable cash surplus for philanthropic purposes.

Gifts of Appreciated Securities
Giving stocks and bonds that have increases in value provides event greater tax benefits than gifts of cash. The market value of the securities is deductible (subject to applicable limitations), and you also avoid paying the capital gains tax on the appreciation. You may generally deduct gifts in the form of appreciated property up to 30 percent of your adjusted gross income with any excess deductible over the next five years.

Gifts of Real Property
A gift of real property can consist of almost any type of property: a primary residence, a vacation home, a farm or ranch, a commercial building, subdivision lots, or an undeveloped parcel. Such a gift will provide a charitable deduction for the full fair market value of the gift up to 30 percent of your adjusted gross income if you have held it for more than one year. The usual five-year carry-over also applies.

Through various methods of managing property and arranging for its distribution to family and others, your can minimize taxes and worries for your heirs. You may also be able to arrange a supplemental income for retirement through a charitable trust as part of your gift, or give a home while continuing to live there.

 

As a safeguard to both the donor and UCA, a Phase I Environmental Study for gifts of property will be required at the donors cost prior to UCA accepting the proposed gift.