Ways You Can Make a Difference

UT Tyler University Advancement

There are many ways to make a gift - perhaps some you haven’t even considered. Here are a few types of assets you can give to make an impact. From simple gifts to complex trusts, there are many different types of planned gifts. These charitable contributions fall into three main categories: deferred gifts of cash or other assets, gifts that pay an income, and gifts that protect a donor's assets.

Cash

Giving cash is simple and the most basic way to make a difference at UT Tyler, and if you itemize, you can deduct the amount immediately on your income tax.

Stocks & Securities

Giving securities, including stocks and bonds, is easy and effective. If you have held the securities for more than a year and they have appreciated, giving them to UT Tyler can provide a tax deduction and avoid capital gains tax.

Mineral Interests

By transferring mineral rights to UT Tyler, you truly are giving your university a “gift that keeps on giving.” The University Lands office has been stewarding the largest land and minerals endowment in the country for over 100 years. Our experts will ensure your natural resources yield maximum value.

Real Estate & Land

A gift of real estate, such as your home, ranch, vacation property, commercial property, or even vacant land, could be your most impactful donation. Moreover, if your property has appreciated, giving it to UT Tyler can provide a tax deduction and avoid capital gains tax.

Life Insurance

If you no longer need your life insurance policy, you can give it to UT Tyler. Or you can make the university a partial beneficiary of the policy.

Retirement Plans

Giving UT Tyler a percentage of your retirement assets, such as from your IRA, 401(k), 403b, pension, or other tax-deferred plan, is a simple way to make a gift. This is especially true for alumni and friends who are age 70½ or older and must take a required minimum distribution each year from your IRA. A gift directly from the administrator of your IRA to the university counts towards your RMD and is not counted as income.

Moreover, some retirement plans passed to your children and heirs could lose almost half their value through the income taxes they will have to pay. Naming UT Tyler as a beneficiary generates no income taxes, and the university receives the full value of your retirement plan.

Will & Estate Plans

You can designate The University of Texas at Tyler as a beneficiary in your will, trust, or other estate plan. 

Business Interests & Closely Held Stock

Nothing has growth potential like your stake in a growing company. There are key times in the life of a business when it makes sense to set aside some of the ownership interest for charitable contributions, such as:

• When a company is being formed
• Before an initial public offering (IPO)
• When a company is being recapitalized
• Before the sale, merger, or acquisition of a company
• Before an owner or partner in a company retires

By donating closely held stock before these liquidity events occur, you can claim an immediate tax deduction for the full market value without ever recognizing a taxable gain.

Intellectual Property & Royalties

Creativity is at the heart of what it means to be a Patriot and that creative power can transfer into financial security for the university through gifts of I.P. and royalties.

Artwork & Collectibles

Painting, sculpture, coins... if it is worth something to someone, that worth can transfer to UT Tyler.

Charitable Gift Annuity

If you are age 55 or older, you can transfer cash or appreciated securities to the UT Foundation, and you are paid a fixed amount (with rates based on your age) annually for the rest of your life. This provides security for you and your loved ones, and some of this income may be tax-free.

Charitable Remainder Trust

As with a charitable gift annuity, a charitable remainder trust allows you to transfer cash and appreciated securities as well as property to UT System or your bank/trust company. The difference is that instead of a simple contract, your asset funds, a trust, which directs a specific distribution to you or your family, with the remainder being distributed to the university. The trust will provide you with an upfront charitable tax deduction and provide you with income for life (flexible or fixed for life or for a set term of years).

Charitable Lead Trust

You can transfer cash, appreciated securities, and/or property into a lead trust that makes gifts to UT Tyler for a set number of years. You will receive a charitable deduction, and then you or your family receives the income from the trust at a tax savings.

To start a conversation about making a gift and for more information, please contact:

Susan Rossman
Interim Vice President, Advancement
Email: srossman@uttyler.edu
Phone: 903.566.7047