Ways to Give to Washburn University
Please don’t hesitate to contact us if you have any questions concerning the options below. View our IRS Exemption Letter.
Cash, check or credit card
The simplest method of giving is through an outright gift of cash. You can do so online, sending us a check via mail, or dropping by our offices.
Many corporations match their employees’ gifts to Washburn University with an equal or greater corporate contribution. Information on matching gifts is usually available through a company human resource department. Check to see if your gift qualifies.
Gifts of Securities (Stocks)
Gifts of appreciated stocks or bonds entitle a contributor to two income tax benefits: avoidance of capital gains, and the use of the security’s fair market value on the date of the gift for income tax charitable deduction. Transfer marketable securities.
A bequest is a frequently utilized method of support for Washburn. Bequests afford a way for you to express your specific philanthropic wishes. A bequest can include a specific dollar amount, a percentage of estate or a specific asset.
Gifts of Life Insurance
Individual life insurance policies, either new or no longer needed, may be transferred to Washburn University Foundation. The Foundation may then become the owner and beneficiary to receive an income tax deduction or the Foundation may simply be named as a beneficiary of a policy.
Gifts in Kind
Works of art, rare books, equipment and furnishings that further the mission of Washburn University may also be donated with approval. The allowable deduction for a gift of such property depends upon its related use and appraised value.
A trust is an arrangement where property is held by a trustee for the benefit of another. The trustee holds legal title to the property and the beneficiary is the institution who is benefited. There are a variety of trust types: irrevocable trust, revocable trust, living trust, and testamentary trust.
Gifts of Real Estate
You may donate a residence, farmland, or other real estate to Washburn University Foundation. Gifts of real estate may offer considerable tax savings. The gift can be made immediately available to the University or you may wish to donate the property but retain use of it for your lifetime.