Ways to Give
The Office of Advancement will gladly help you determine the best method for you to make a gift that transforms the lives of students, enhances academic excellence and innovation, expands breakthrough research, and provides contemporary, high-tech facilities for learning, study and research.
Kent State Stark gratefully accepts pledged gifts. These gifts allow donors to make a pledge commitment and set up a payment schedule that best suits their donor wishes, or coincides with their business cycle.
Scholarship support provides Kent State Stark the unique opportunity to attract and retain the best and brightest students. Through our scholarship funds, we can help address financial barriers that often stand in the way of a student’s educational and career goals.
Scholarship support can be made at any level. To benefit deserving students in perpetuity, an endowed scholarship can be established - in honor of a loved one, to recognize a faculty member, or in the name of a business. Alternatively, your gift can be put into an existing scholarship fund, or a new scholarship can be created.
The Office of Advancement at Kent State Stark can help you establish a scholarship and develop award criteria that will meet your philanthropic objectives.
GIFTS OF CASH (OUTRIGHT GIFTS)
A cash gift makes an immediate impact on the mission of Kent State Stark and provides a charitable income tax deduction.
EMPLOYER MATCHING GIFT PROGRAMS
Did you know that you may be able to double, or even triple, your gift to Kent State Stark? Many employers sponsor matching gift programs that match charitable contributions made by their employees. To find out if your company participates in a matching gift program, contact your company's human resources department.
GIFTS OF SECURITIES
A gift of appreciated securities, including stocks or bonds, has many potential benefits, including a charitable income tax deduction and the avoidance of capital gains tax. Shares may be given via wire transfer. For gifts of actual stock certificates, contact the Office of Advancement at Kent State Stark for instructions.
Kent State Stark welcomes donations of equipment, supplies and items to enhance our students' learning experience. For more information, contact the Office of Advancement at Kent State Stark.
One of the many ways you can show support to Kent State Stark is through a provision in your estate plan. Planned gifts, such as a simple bequest or a charitable gift annuity, provide a foundation for our future and can help us plan ahead for the needs of students, faculty, programs and facilities. The easiest way to make an impact beyond your lifetime is to make a bequest in your will or living revocable trust that can be directed to the Stark Campus and are unrestricted, or can be restricted to a particular area or even fund.
For instance, there are a number of existing funds (endowed or spendable) that may be of significance to you. Anyone can donate to specific funds, during and beyond their lifetime.
Planned giving options include:
- Charitable Gift Annuity
- Charitable Remainder Trust
- Endowed Fund
- Retirement Plan Assets
If you are like most people, you may not use all of your retirement assets during your lifetime. Donating withdrawals from your IRA, 401(k), 403(b), pension, or other tax-deferred plan is an excellent way to receive tax benefits. Additional benefits may exist if you donate these assets at age 70 1/2; consult your tax advisor for more information.
- Life Insurance Policies
- A remainder interest in your home
A misconception is that planned giving is only for the wealthy. The truth is, even people of modest means can make a difference through planned giving.
GIFTS OF PERSONAL PROPERTY
Gifts of personal collections of art, books, and other items, or in-kind gifts of equipment, technology, and other assets are accepted if the university has a specific use for such property or accepts the gift with no restrictions or conditions, such as being able to sell the property. Depending on the circumstances, the charitable deduction varies.
Benefits for you:
- No minimums to meet
- Fully tax deductible for 100% of the asset’s fair market value, subject to certain limitations
- Flexible gift options – direct your gift to a particular fund, restricted use or direct it for unrestricted use
- Allows you to initiate or increase your own fund
GIFTS OF REAL ESTATE
A gift of appreciated real property (home, vacation property, vacant land, agricultural land, commercial property) allows you to avoid paying capital gains tax, and receive a charitable income tax deduction. A gift of real property is based on the property's fair market value, obtained through an independent appraisal. You may also be interested in life income options. All real estate gifts are subject to Kent State University's real estate gift acceptance policy.
A gift to the endowment - as a one-time contribution or part of a planned strategy - allows Kent State University to invest the principal and draw on the interest to fund our projects and goals. With our endowment, we can provide scholarships and promote research. We can recruit the very best faculty, helping our students get the most out of their education. We can enhance Kent State University's reputation as an institution of excellence. And because a gift to the endowment grows over time, you become an integral part of our school's success forever.
Disclaimer: Kent State Stark is not a financial planning or investment advising service. Please consult your financial planner or attorney regarding financial planning advice and applicability of tax benefits.