Western’s Points of Pride
The Beyond Excellence
Selecting the best gift plan depends on one’s personal financial
situation and goals. As tax laws are always changing and each
individual’s situation is unique, donors are encouraged to
consult with financial advisors to determine which method of
contributing is most beneficial.
There are many ways of giving so that you are able to meet your
needs and have the opportunity to support Western in a
meaningful way. Pledges are commitments made in good faith, but
are not legally binding. Constituents may want to consider
stretching pledges over a five-year period to maximize the total
amount of your support. This commitment can be fulfilled through
monthly, quarterly, semiannual or
We encourage all donors to consider a 10-20 percent initial
payment to begin your commitment.
Gifts made by cash or check are the most common and will allow
Western to address its immediate needs. Checks should be made
payable to Missouri Western State University Foundation.
However, while the needs of the Achieving Greatness capital
campaign are urgent, we will gratefully accept gifts in various
forms, including those described below:
Gifts of Securities – Stocks, Bonds and Mutual Funds
Charitable gifts of stocks, bonds or mutual funds that have been
held for at least one year and have appreciated offer special
tax advantages. You will receive a tax deduction for the full
market value of the gift but you will not have to pay capital
gains tax on the appreciated amount. If you sell depreciated
stock and contribute the proceeds, you will receive both a tax
deduction for the charitable gift and a deduction for the
Gifts of Real Estate
Donations of appreciated homes, and other real property, are
entitled to an income tax deduction equal to the full value of
the property and no tax on the capital gain. If debt-free
property is donated, the gift is deductible at the property’s
appraised value. It may even be possible to make your gift of
property now, but still maintain the right to use the property.
By making this gift now, rather than in your will, you can
realize an immediate income tax deduction.
Tangible personal property can be given to support Western.
These gifts may be eligible for a deduction of the item’s fair
market value, if the gift is related to the “charitable purpose”
of the University. All personal property gifts must be approved
by the Board of Directors of the Foundation.
Corporate Matching Gifts
A matching gift program provided through your employer or board
membership may allow you to increase the value of your gift.
Many companies match charitable gifts made by their employees,
retirees or board members.
Deferred or Planned Gifts
Deferred gifts help insure Western’s future. A deferred gift
through an estate plan or life income gift offers you the
ability to support Western but retain the income from those
assets during your lifetime.
Will or Revocable “Living” Trust
A bequest contained in a person’s will or revocable “living”
trust is the most common form of planned gift.
Charitable Remainder Trust
This gift allows you to irrevocably place cash, securities or
other property, but keep a specified income for life. This can
be done by an annuity trust or unitrust.
Gifts of Life Insurance
Western can be named as primary or contingent beneficiary of a
life insurance policy. Life insurance gifts are simple; just ask
the insurance company for the appropriate forms to make the
Foundation the owner or beneficiary of a policy. Gifts of a
policy are tax deductible, as are future premium payments.
Gifts of Retirement Plans
Naming Western as a primary or contingent beneficiary of a
retirement plan (i.e. IRA, 401(k)) can benefit both Western and
your estate. Your retirement account’s plan administrator can
help you designate Western as a beneficiary.
This information is
not intended as legal advice. You are advised to consult your
own qualified professional advisor for specific recommendations.