Ways to Make Your Gift
Types of Gifts Accepted by the University of Redlands
Cash gifts, which can be made using a check or credit card, are the most common and simple type of gift. Cash gifts allow the University to put your contribution to work right away, helping to improve the student experience at the University of Redlands. They are also fully tax deductable for federal income tax purposes.
Gifts of appreciated securities—stocks and bonds—provide important tax advantages to the donor. The full fair market value of the donated appreciated securities is fully deductible as a charitable contribution for federal income tax purposes.
Setting up an endowment to benefit Redlands students in your family’s name, by means of a bequest in your will or living trust, is a wonderful way to support your philanthropic priorities in perpetuity.
Gifting a residence, vacation home, commercial building, land or vacant property can provide many tax advantages. It can also provide lifetime income.
Retained Life Estates
Donors can contribute a residence, vacation home or farm while retaining the right to live in and use the property. Donors may receive an income tax deduction.
Retirement Plan Assets
Using retirement plan assets to make a charitable contribution gives donors financial and tax advantages. Naming the University of Redlands as a beneficiary of a retirement plan—including IRAs, 401(k)s and profit-sharing plans—may eliminate estate and income taxes.
By assigning ownership of life insurance to Redlands, donors can receive tax deductions for the cash value of the policy and the yearly premiums.
Please contact your personal tax advisor for details on potential tax savings in your specific case.