Some donors make their gift all at once; others choose to make a pledge over a number of months or years. Below is a list of the many ways you can support the teaching, research, and community service activities at the School of Information. However you choose to give, you can be assured that your generosity will have a significant impact on the iSchool and its students. Because the University of Texas at Austin is a state educational institution, most gifts qualify for an income-tax charitable deduction. As with all financial considerations, we encourage you to discuss potential tax advantages and other aspects of charitable giving with your attorney, tax advisor, or financial consultant.
Outright gifts - gifts of cash, securities, or other property - have an immediate impact on School of Information programs because they can be used to support a variety of current needs.
A pledge is a formal statement of intention to make a gift. It may be included as part of an immediate gift, or it may simply confirm your intention to make a gift in the future. Many donors choose to complete their gift pledge by making regular payments over a period of time for up to five years. This method often allows donors to make substantial gifts.
Gifts of Endowment
An endowment is a fund that is maintained in perpetuity, and a portion of the annual investment return is used for the purposes specified by the donor. Endowments, which typically bear the name of the donor(s) or honoree(s), reflect your interests and serve as an enduring testament to your generosity and belief in the mission and work of the School of Information.
A gift of long-term appreciated marketable securities may mitigate certain tax consequences. Such a gift will provide an income-tax charitable deduction and capital gains tax savings.
Closely Held Securities
Securities in a company that is not publicly traded are known as closely held securities. When a donor makes a gift of these securities, the donor may enjoy tax savings and can even increase his or her income from the donated stock.
Many corporations support matching gift programs, which multiply their employees' gifts up to a set amount. Before you make a gift, you may want to ask whether your employer participates in such a program. Certain restrictions apply to matching gifts; please consult your company's personnel office for further information.
Gifts of Real Estate
You may donate your home or other real property and retain the right to occupy it for life. To a certain extent you can claim an income-tax charitable deduction based on the full market value of the gift, avoid capital gains taxes, and eliminate certain costs associated with the transfer of real property.
The School of Information accepts many types of in-kind gifts, including equipment, if the gift can be used as part of the School's academic mission. To determine the School of Information's interest in the object you would like to give, please contact the School of Information Development Office.
Making a Planned Gift
Planned gifts are gift arrangements that have specific tax advantages and often include lifetime income to a beneficiary or beneficiaries named by the donor. Many donors have utilized planned giving methods and are enjoying the benefits today: capital gains tax savings, increased income and income-tax savings, to name a few. A planned gift maximizes your giving potential and can even allow you to ensure your future financial security or that of a loved one.