Outright Gift
This is the simplest way to make a donation to Barry University. Simply transfer the asset (title, if applicable) to Barry University.
You are entitled to a tax deduction based on the value of the gift. If it is an appreciated asset, the capital gains tax will be minimized and in some cases eliminated.
Gifts-in-Kind
Most generally, gifts-in-kind encompass personal property of value, such as works of art, collections (coins, stamps, books) etc. and any valuable item that you may own. Transfer the asset to Barry University. If the asset can be used and is related to the mission of Barry University, you are allowed a tax deduction based on the market value of the gift. If the use is unrelated, you are allowed a tax deduction based on the cost of the asset.
For more information on planned giving, please contact Cheryl Lawko, Director of Development for Major and Planned Gifts, at 305-899-3070 or email clawko@mail.barry.edu.
Matching Corporate Gift
The matching corporate gift is similar to an outright gift. Besides transferring title to the asset to be donated, you send the corporate matching gift form to Barry University. Barry University acknowledges your gift and the corporation sends their gift to Barry University based on the corporation matching gift policy.
You receive a tax credit for your part of the donation only. See Matching Gifts. |