UAB Dentistry offers a wide variety of ways to donate to the School. Any of the following forms of contribution are greatly appreciated.
Cash – A gift of cash, in the form of a check, is always appreciated, and don’t forget the gift is tax deductible in the year it’s made.
Closely Held Stocks and Bonds – Non-publicly traded stocks (closely held company or family business) may be the best option for you, because it represents your largest asset and it produces little or no income. Gifts of long term appreciated closely held securities also generate a double tax benefit. You receive a current income tax deduction for the gift’s market value and avoid tax on the capital gains.
Pledges – Contribution plans over a period of up to five years are welcome and encouraged especially for the created of named endowment funds.
Endowment – Endowed funds are essentially savings accounts from which only the annual earning may be spent for the specified purpose. The principal of the gift is never spent. Donors may create a new endowment with a gift of $10,000 or more and may name the fund.
Bequest - You may create a bequest under your will. A bequest allows you to maintain control and use of the assets earned during your lifetime. It is also flexible. The bequest can be structured as a specific dollar amount, a percentage of the estate assets or a specific asset. Ask you attorney or financial advisor to help guide you to ensure that this gift meets your personal and charitable goals.
Other Ways to Give
In addition to the before-mentioned ways to give, there are arrays of other options, such as the remainder interest in a home or farm, an insurance policy, tangible personal property, such as collectibles, art or jewelry, intellectual property, a charitable gift annuity, and several other options.