Your gift can take a variety of forms, including cash, stocks and bonds, planned estate gifts, and pledges. It can be restricted and used only as you specify, or unrestricted and applied to the area of greatest need within the Department of Medicine.
Cash Gifts: Gifts of cash, checks, or credit/debit card transactions are often the easiest way to give to the Department of Medicine. An outright gift may also be 100 percent tax deductible with the IRS depending upon your personal circumstances.
Endowed Gifts: An endowed fund is a permanent source of support for the Department of Medicine and is an excellent vehicle for honoring someone important to you. Faculty endowments are powerful incentives for attracting and retaining exceptional physicians and scientists, thereby raising the visibility of the department and the University.
Such gifts are invested by the University to generate annual income, and a portion of the return on the fund is used to support the purpose chosen by the donor. The balance of interest and the appreciation remains in the fund so that the principal continues to grow and keep pace with inflation. An endowed gift will support the University in perpetuity.
Named Gifts: We offer many opportunities to contribute named gifts in honor or memory of loved ones and friends or even as a special thank you to your favorite health care provider.
Planned Gifts: For many donors, an outright gift is not the best option. Carefully planned gifts such as bequests, life insurance, and real estate can offer significant estate-tax and income benefits, while at the same time allowing donors to make larger gifts to the University than would otherwise be possible.
Pledges: A pledge can be paid out over a period of three to five years, and allows the donor to commit to a larger gift amount, while enjoying the tax benefits of the actual amount given in a specific calendar year. Many endowments are funded this way.
Matching Gifts: Many employers sponsor matching gift programs and will match charitable contributions made by their employees. Find out if your company has a matching gift policy to possibly double your gift.
Stock Gifts: Individuals who transfer stock can receive a charitable tax deduction and avoid capital gains tax. As always, consult your tax advisor before transferring stocks or bonds.
Give Online: You can help the Department of Medicine continue to progress with even a small contribution
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You can help the Department of Internal Medicine continue to progress with even a small contribution.