Smart Ways to Give

4 Smart Ways to Give

 

A smart way to leave a Wyoming legacy is through a gift of assets. These are noncash assets such as gifts from your retirement account, real estate, securities, collections, and much more. Your support makes a big impact in advancing student success and faculty excellence at the University of Wyoming. Not only that, but you may benefit from tax savings.

Here are smart ways to give to UW.

  1. IRA Qualified Charitable Distribution – If you are 70½ or older, you may be able to take advantage of your IRA to make tax-smart charitable gifts to UW. By requesting a qualified charitable distribution (QCD) from your IRA, you can direct up to $105,000 each calendar year to eligible charities—including UW. Benefits to using your IRA for charitable giving may include lowering your taxable income, counting the distribution toward your Required Minimum Distribution (RMD), and providing support to programs at UW that are meaningful to you.
  2. Real Estate – A gift of real estate property such as a residence, vacation home, or commercial property can be used to make a gift to UW that may also provide significant tax benefits.
  3. Securities – By making a gift of appreciated stocks, bonds, or mutual funds, you may be able to take a charitable deduction for the fair market value of the shares, avoid capital gains taxes, and make a gift to support UW.
  4. Personal Property – Gifts of artwork, collections, or other valuables may provide significant tax benefits while enriching the educational experience for students. Learn more at www.uwyo.edu/giftplanning.

Have you thought about leaving a gift in your will or trust, or donating assets? We can assist you in creating a meaningful gift that benefits you and makes a positive impact. For more information, please contact Brett Befus at (307) 766-4259 or bbefus@uwyo.edu.

 

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