Allen University is deeply appreciative of the contributions of our many generous alumni and friends. We offer several areas for you to contribute: Annual Fund (our greatest need), General Scholarship Fund, Endowed Scholarships, other naming opportunities, or several other academically-centered areas.
Allen University welcomes gifts of all types and will work with you and your financial advisor to maximize the tax benefit for you and the value of your gift to the University. You may make your gift to Allen University in several ways:
Your personal cash gift is deductible from your adjusted gross income.
For full tax benefit, securities may be electronically transferred by your broker to the University broker, or you may send unsigned stock certificates by certified mail.
Gifts of appreciated property may generate income for you with positive tax benefits. Examples include gift annuities and charitable remainder trusts.
You may reduce inheritance taxes by designating in your Last Will and Testament specific gifts of cash, property, or a percentage of the remainder of your estate.
Property or assets may stay in the family, while your gift reduces estate taxes and supports Allen University.
Designating Allen University as a beneficiary of a paid-up policy or new policy helps the University’s future endowment and provides you with a tax deduction.
You retain occupancy of the property for life but give your primary or vacation home or farm to the University to generate future income.
You can deduct the full fair-market value of gifts of real estate or personal property (art, antiques, automobiles, etc.).
Remainder interest in IRA, 401k and 403b plans may be designated to provide an income stream to loved ones and ultimately benefit the University at substantial tax savings.
Your gift to Allen University may be matched with funds from your employer. Check with your company’s Human Resources office to see if your company offers a match.