Benefits of Giving
Giving to the University benefits our students, researchers, faculty and staff. You also benefit from making a gift in many ways, from the satisfaction of supporting your University to receiving an income tax charitable deduction.
There are many additional benefits of giving, depending on what you give and how you give it.
- Tax Savings: These increase when you give non-cash assets such as appreciated real estate or securities.
- Gifts of cash are fully deductible up to 50 percent of the donor's adjusted gross income. Any excess over the 50 percent deduction ceiling can be carried forward for up to five additional years.
- Gifts of appreciated assets are fully deductible up to 30 percent of the donor's adjusted gross income for that year. Any excess of the 30 percent deduction can be carried forward up to five additional years.
- Retirement Income: If you need it for yourself or others, there are charitable remainder trusts, pooled income funds and charitable gift annuities that allow you to give an asset to the University now and receive income for the rest of your life. After your death, the University uses your gift for the purpose you specified.
- Full control of your assets now, reduction in estate taxes later: Making a bequest to the University allows you to retain ownership and control of all your assets during your lifetime when you may need them. A charitable bequest may also reduce the size of your taxable estate.
Please consider the range of potential benefits when deciding to make a gift to the University of Georgia.
For further information, please contact:
Senior Director of Development