Ways to Give

There are a number of ways that you can make a gift to benefit the Pat and Jim Calhoun Cardiology Center. The Development Office and the UConn Foundation can work with you to determine the best way to meet your financial needs and philanthropic goals. Options include:

Checks, Credit Cards, Cash Gifts

These gifts are the simplest way to support the Health Center. They can be used immediately or, if given for endowment, can begin earning usable interest as soon as they are received. Checks should be made payable to The University of Connecticut Foundation, Inc. The Foundation also accepts American Express, Discover, MasterCard and Visa as well as cash.

Securities

Gifts of appreciated securities provide immediate benefit to the Health Center and, in many cases, tax deductions for the donor. Capital gains taxes can be avoided. Often, the full-market value of appreciated securities can be deducted if they have been held for longer than six months.

Closely-held Securities

Gifts of stock in a closely-held corporation allow donors the same benefits as the donation of other securities; however, Internal Revenue Service rules must be strictly observed to ensure that a full tax deduction is received.

Matching Gifts

More than 1,000 U.S. companies and corporate foundations will match employees' gifts to the Health Center. Gifts may be doubled or tripled at no cost to the donor. Contact your Human Resources office to find out the options available to you.

Gifts-in-Kind

Supplies, equipment, or materials needed by the Health Center may be donated to the Foundation. Because of the complex nature of such transactions, consultation with the Foundation and the specific Health Center department to benefit from the gift is strongly recommended before such a gift is made.

Deferred Gifts

Deferred gifts offer donors an opportunity to affect the future Health Center. All donors who notify the Foundation of their deferred gift plans are afforded membership in the Charles Lewis Beach Society.

Bequests

A bequest may offer the opportunity to make a more substantial gift than would be possible during the donor's lifetime. Many donors view bequests as the means to cap a lifetime of giving with a lasting legacy. A bequest may provide an estate tax charitable deduction while reducing the size of the taxable estate. Specific bequests direct that the Foundation receive a particular dollar amount of specific items; a residuary bequest states that the Foundation will receive all or part of an estate only after other specific bequests are filled.

Summary

All gifts to The University of Connecticut Foundation are tax-deductible within certain limits provided by law. You should consult your financial planner or tax adviser to determine the exact tax advantages of any gift you are considering.