Avenues for Giving
Give Online
You can also give quickly and easily online. Donations made online will go to the “College Enrichment Fund,” which supports the students, faculty and programs of the COE.
Outright Gifts
An outright gift is one that has an immediate benefit to the COE and its programs. Cash, real estate, securities, and other assets can be given outright.
Cash
Cash gifts are an excellent way of supporting the University of Hawai‘i, College of Education. Cash gifts include checks, drafts, and money orders. If your gift is mailed before the end of the calendar year and you itemize when doing your taxes, you’re eligible for an income tax deduction for that year. Gifts of cash are deductible for up to 50% of your adjusted gross income. Cash contributions that exceed the deduction limit may be carried over and deducted in the following five tax years.
Real Estate
Almost any marketable real estate may be contributed to the COE, provided the property is unencumbered. Real estate accepted outright for us by the University of Hawai‘i Foundation is immediately sold so the proceeds can benefit the university’s students, faculty, and programs. A gift of real estate may entitle you to a charitable deduction of the full fair market value of the property. For gifts of long-term, appreciated real estate the deduction limit is 30% of adjusted gross income with a five-year carry-over period for the excess. You can also bypass capital gains tax on the property.
Securities
You may donate stocks and bonds to the COE. Long-term, appreciated securities are those you’ve owned for more than one year and have increased in value. Such a gift would entitle you to a federal income tax deduction for the full fair market value of the securities on the date of the gift, up to a maximum deduction of 30% of your adjusted gross income for the year if you itemize deductions. Short-term securities are those you’ve held for less than one year. If you itemize, you will be entitled to a federal income tax deduction for only the purchase price of the securities. Depreciated securities are those that have declined in value since you bought them. To gain maximum tax benefits from the gift, the University of Hawai‘i Foundation suggests that the donor sell these, take the tax loss, and donate the cash proceeds. To make a gift of stock to the University of Hawai‘i Foundation to benefit the College of Education, please instruct your broker to transfer the stock to:
Merrill Lynch
Attn: Carolyn Lee
Pauahi Tower Penthouse
1001 Bishop Street
Honolulu, Hawai‘i 96813DTC 5198
Account name: University of Hawai‘i Foundation (Account #20M-04015)
For More Information
Alice Taum
Director of Development
Phone (808) 956-7988
Email Alice.Taum@uhfoundation.org