Effective Ways of Giving

So you want to support your alma mater, but the amount you wish to give exceeds the amount convenient for you to give from your current cash resources?

In that situation, you might follow the lead of others who have chosen to make larger gifts utilizing some other form of property, such as low-yielding securities, real estate and collectibles. A gift of such an asset would allow you to give with little or no affect on your spendable income.

Another reason to make your gift in the form of a non-cash asset is the tax savings. When you give an asset that you have owned for more than one year and a day which has increased in value since you acquired it, you are usually entitled to an income tax deduction for the full current value of the asset, not just the amount you paid. And, you bypass any capital gains tax that would have been due if you had sold the asset.

There are even ways to support Xavier without reducing your current assets, including the use of charitable lead trusts, charitable remainder trusts, traditional wills, revocable living wills, life insurance and giving through retirement plans.

For more information on any of these options call 1-504-520-7575, or consult with your personal tax advisor.

Different Ways of Giving

Cash and Pledges

The simplest and most common type of gift is made through a one-time payment of cash, often by means of a personal check. Another popular option is a pledge, a gift made over a period of time with regular payments. Pledges to the Xavier campaign can be made up to a maximum of five years duration.

Gifts of Securities

Many donors make a gift through the donation of assets such as stocks or bonds. A gift of securities may allow a donor to realize an immediate income tax deduction on the appreciated value of the donated securities. While these gifts can be made quickly and easily, please contact the Office of Institutional Advancement to receive specific instructions on how to execute the gift.

Matching Gifts

A gift to Xavier may be matched by an equal amount, or perhaps even doubled or tripled, if the donor’s employer participates in a matching gift program. Check with your Human Resources Department or call the Institutional Advancement Office to see if your employer qualifies.

Planned Gifts

Many donors can have a greater impact by utilizing a planned giving vehicle to make a larger gift. In some cases, tax advantages might be obtained for the donor. In order to determine which vehicle might work best for you, discuss the options with your financial adviser or call a member of the Xavier Institutional Advancement Office. We will be happy to assist you with any of the types of gifts listed below:

Bequests: Leaving a charitable gift to Xavier as part of your estate planning can be the “ultimate” gift. Contact Xavier for specific bequest language to make sure that your intent is carried out exactly as you wish it to be. Bequests can be made in three different ways: by naming a specific dollar amount to go to the University, by giving Xavier a percentage of the total estate, or by leaving the remainder of the estate to Xavier after all other specific bequest intentions are paid out.

Life Income Plans: Many planned gift vehicles, such as annuities, can provide a regular income to you, your spouse, or your designee for a number of years. At the end of the payout period the funds remaining become a gift to Xavier.

Charitable Trusts: Some estate planning vehicles, such as charitable lead trusts, can help you pass assets to children or grandchildren while providing an income stream for Xavier over a period of time. Others, such as a remainder trust, can provide income to you or your spouse during your lifetime, with the remainder passing to Xavier at the end of the trust period. There may be tax advantages to the donor, depending on the assets and the vehicle selected.Gifts of Life Insurance: Donors can designate Xavier as the beneficiary of a life insurance plan, thus providing the University with resources beyond their lifespan.Gifts of Real Estate: Donations of real estate, whether residential, commercial, or income producing, can support Xavier’s needs. A gift of appreciated real estate may offer tax advantages for the donor. Xavier performs an administrative review of all real estate donations to determine such factors as environmental quality and marketability.

The 1925 Society

Membership in the 1925 Society is open to any individual who has named Xavier as a beneficiary in his or her will, or who has made another planned gift arrangement which will benefit Xavier sometime in the future.

MAKE A GIFT TO XAVIER NOW!