Ways to Give
Endowment is Bradley's invested capital that generates funds
to be used, in perpetuity, to support the institution. Over
the years, thousands of donors have added to the original
endowment to provide permanent support for faculty, scholarships,
academic programs, the library, and sports teams, to name
just a few. Bradley's endowment is its financial foundation,
Capital gifts could include, new
construction, facility renovation
and equipment acquisition.
An unrestricted gift is simply a gift to Bradley with no
restrictions from the donor on how it is to be used. Find
out more about Unrestricted Gifts.
Outright gifts range from,
company matching gifts, credit cards, cash,
electronic funds transfer, appreciated securities,
closely held stock, real estate,
life insurance and tangible personal
out more about Outright Gifts.
Special arrangements can enable you to receive income
for yourself and another designated person, such as an elderly
parent, a child or your spouse. By itemizing deductions, you
get a charitable income tax deduction for your gifts, while
avoiding or substantially reducing capital gains tax on the
sale and reinvestment of highly appreciated, but low-yielding,
assets used to fund the life-income gift.
Find out more about Life-income Gifts.
One of the easiest and most common ways for you to make a
gift to Bradley University is through a bequest in your will.
The tax laws encourage bequests; consequently, a bequest is
an excellent way to support the University. Find
out more about Estate Gifts.
Gifts of Retirement Assets
If you are like most of Bradley’s alumni and friends,
you have worked hard, invested wisely, and accumulated a sizable
retirement nest egg over the years. Some of the assets in
your estate may be classified as "income in respect of
a decedent (IRD)" by the IRS. These assets, if left in
one’s estate, are potentially subject to both the federal
estate tax and the federal income tax. Find
out more about Estate Gifts.
Gifts of Securities
Advantages of Giving Appreciated Stock and Mutual Funds Include:
- Avoidance of capital gains tax. Any gain in the stock/mutual fund is taxable if you sell it yourself, but not if you give it to Bradley.
- A charitable deduction for federal income tax purposes based on the full fair market value of the stock/mutual fund on the date the gift is made, assuming it has been held long term-one year or more.
- Gift credit from Bradley based on the full fair market value of the stock/mutual fund, not its cost basis.
In matters of personal tax consideration, donors should consult their financial advisors. Find out more about Gifts of Securities.
Gift of Residence or Farm with a Retained Right to Use the
Because of special provisions in the tax laws, you can
give Bradley University your personal residence or farm, yet
continue to live there for the remainder of your life.
Further, you can provide that your spouse may live there for
his/her lifetime; or you may continue to live on the property
for a set number of years. Either way, you will receive an
immediate income tax deduction for the contribution. Find
out more about Gift of Residence plans.
Charitable Lead Trust
Charitable Lead Trusts offer a way for you to support Bradley
University and transfer substantial assets to beneficiaries
(children or grandchildren, for instance) with the potential
for significantly lowered gift and estate taxes. Your heirs
may actually receive a larger inheritance than they would
through an outright bequest or accumulation trust. Plus, Bradley
receives an immediate flow of income. Find
out more about Charitable Lead Trust gift plans.
There are many Ways to Give to Bradley University,
but regardless you will have an impact on the University,
its students and faculty who make it exceptional.
For more information about giving to Bradley
University, please contact:
1501 West Bradley Avenue
Peoria, IL 61625
309.677.3661 • Fax: 309.677.2516