Year-End
Gift Options
At the end of the year, we reflect on the past twelve months and make plans for the
future. We think about the impact we’ve had and our impact on into the future. One
way you can make a impact that ripples down through generations is by supporting the
University of Wyoming. Here are some ways to do just that.
- Give Now – Cash is the simplest and most popular form of charitable gift. Cash gifts are deductible
up to 50 percent of your adjusted gross income, and any portion of the deduction not
used in the year of the gift can be carried forward and used on tax returns for the
5 succeeding tax years. Sometimes, a cash gift simply makes the most sense and allows
you to achieve your charitable goals in the most prompt, direct, and impactful fashion.
Go to uwyo.edu/giveonline to make an immediate impact.
- Qualified Charitable Distribution or QCD – If you are 70½ or older, you may be able to use your IRA to make tax-smart charitable
gifts to UW. By requesting a qualified charitable distribution from your IRA, you
can direct up to $105,000 each calendar year to charities such as UW. The benefits
to using your IRA for charitable giving include lowering your taxable income, counting
the distribution toward your Required Minimum Distribution, and providing support
to the program at UW that is meaningful to you. See our QCD guide to find out more.
- Appreciated Securities – By making a gift of appreciated securities—stocks, bonds, or mutual funds that
have increased in value—you can take a charitable deduction for the fair market value
of the shares, avoid capital gains taxes, and make a gift to support the area or areas
of UW that you are most passionate about. The charitable tax deduction applies to
the full value of the security, not just the original cost, and these gifts are deductible
up to 30 percent of your adjusted gross income.
To talk over your options, contact Brett Befus, Associate Vice President for Development,
at (307) 766-4259 or bbefus@uwyo.edu.
