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Outright Gifts
These gifts provide immediate support in meeting a variety of goals:
Cash
Generally made by check, cash is the most common way of supporting the UMass Memorial Foundation. A cash gift is tax deductible as allowed by law.
Securities
A gift of securities is especially advantageous if the stock has been held long-term (at least one year and one day). Then the fair market value (based on the mean price on the date of the gift) is tax-deductible and the capital gain is not taxed. If it is closely held stock, mutual funds, or securities held short-term, the tax deduction is limited to the amount paid.
Real Estate and Personal Property
Personal residence or other real property, life insurance, retirement plans, patents, copyrights, royalties, and/or other tangible personal property qualify for an income tax deduction. Each of these has special rules for placing a value on the gift. If you are interested in making a gift using an asset of this type, please contact the
Development Office
first to determine if the UMass Memorial Foundation can accept it.
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With strategic planning, there are opportunities that may enable you to increase your income, reduce your estate and/or income tax liability, while creating a legacy at the UMass Memorial Foundation.
Learn more...
Matching Gifts
There are thousands of companies in the United States that match their employees' gifts to nonprofit organizations like the UMass Memorial Foundation. Check with your employer's human resources department to see if they offer this type of a program.
Because of matching gift programs , our benefactors are able to double, triple, or quadruple the cash value of their gift. In many cases, retirees and directors are also able to help in this way.
Matching is easy to do. Just pick up an application from your company's human resources office, fill it out, and send it to us with your gift. We'll take care of the rest.
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