Outright gifts make an immediate impact on College of Business students and programs. You may designate your gift for a specific department or program, or designate it to the College's general fund, which lets the College direct it to the area of greatest need. Examples include cash, securities and gifts-in-kind.
A planned gift is a charitable donation arranged during a donor's lifetime but, generally, not available to the College of Business until sometime in the future. Some planned gifts enable a donor to receive specific tax benefits during his/her lifetime while enabling him/her to make a more significant gift than might otherwise have been possible. Each of these gifts has unique tax advantages; some of these gift vehicles even pay you income. Examples include living trusts, life insurance and charitable bequests.
A living trust is a trust you create during your lifetime for you own benefit. This kind of trust is usually revocable - that is, you reserve the right to change the trust terms, to add or withdraw assets, and even to terminate the trust.
Are you interested in the personal satisfaction of helping the College of Business but are unsure of how you can financially manage to make a substantial gift? Consider a gift of life insurance. Along with helping your favorite charitable organization, you will realize a number of benefits.
If you plan to make a charitable gift by will, please think it through carefully. Then, meet with your attorney to discuss and update your will. Tell him or her exactly what you want to do. Be as clear as possible in describing what you want given to whom.
The Annual Giving program provides opportunities for College of Business alumni, parents and friends to enrich the COB on a regular basis. Contributions made annually to the College are important because they help support the ongoing, day-to-day needs of our departments, centers, and programs, making an immediate impact on the lives of students and faculty. Examples include Call-A-Ram, direct mail, e-mail and online.
Did you know it may be possible to double or even triple the value of your gift to the College of Business if your company matches employee contributions to higher education? Taking advantage of this benefit is a great way to maximize the impact of your donation! Click here to see if your company matches gifts.
An endowment is a specified amount of money given to the College of Business to create a fund, the contents of which are invested. The income from the investment, primarily interest, is then used according to the purpose of the fund. The major benefit of providing an endowment is that income is perpetually earned through the investment. This allows for not only one gift from the donor, but an ongoing gift or scholarship in the donor's name. The funds, when invested wisely, will provide enough income to give financial support to students for an unforeseen period of time.
Make your mark on the College of Business through scholarship, program, facility, and other endowment naming opportunities.
Corporate and Foundation Opportunities
The Office of Development in the College of Business works to promote mutually beneficial, long-term relationships with industry and philanthropic organizations. By establishing a relationship with the College, your organization will have access to initiatives, projects, programs and a vast array of resources including talented students and expert faculty.