Cash
Cash is often the most convenient form of giving. Cash gifts are fully
deductible for federal income tax purposes, provided deductions are
itemized.
Pledges
Pledges enable a donor to plan a personal giving program that is both
convenient and tax-wise. A pledge may enable a donor to consider a more
significant gift than would have been otherwise possible. Terms for
payment on pledges are flexible and at the option of the donor.
Securities
Securities may be made as outright gifts or as a payment on a
pledge. Stock certificates may be reassigned directly to The Ohio State
University Foundation or may be transferred through the donor's
broker. The mean market value on the date of the transfer will determine
the value of the gift for tax purposes. It is best to consult with a
Development Officer before a transaction is made. For general questions
on securities, call (614) 292-2141 or send e-mail to gifts@osu.edu.
Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the university.
Planned Gifts
In certain instances, it may be preferable from an estate, financial and
tax planning perspective to consider long-term planned
giving as
the best way to make a gift. This can be accomplished through various
gift instruments, such as charitable remainder trusts, gift annuities,
charitable lead trusts, and bequests. For more information on planned
giving, contact Joe Bull, Jim Hoobler, or Mary Ann Esber.
Professional Advisors
The Ohio State Planned Giving Design
Center is an on-line resource for professional advisors to help you
help your clients reach their charitable goals.
Learn more about the OSU Department of Astronomy
Other Giving Options