Your gift can help UF/IFAS provide quality teaching, research and extension programs for the benefit of the people, food, agricultural and life sciences industries and natural resource interests of our state. The following are seven ways you can make your contribution:
1. GIVE CASH - Cash is the easiest and most popular way to give. You may deduct your cash gift up to 50 percent of your adjusted gross income. Should a gift exceed 50 percent, you may deduct the excess amount over the next five years.
2. GIVE STOCKS - Gifts of appreciated stocks held for more than one year provide an easy and advantageous way to make a gift. It is best to give appreciated stocks outright to SHARE, thereby avoiding any capital gains that may have been realized. If, however, the stock value has declined, it will be to your advantage to sell the stock first (thereby claiming the tax loss on the decline in value) and then deduct the donation as a charitable gift.
3. GIVE LAND - It can be very beneficial to donate a percentage interest in highly appreciated land to SHARE before the land is sold. The advantage is that, as in the case of appreciated stocks, you do not have to pay income tax on the portion that has been donated to SHARE. A buyer would purchase the donated portion from SHARE and the balance from you, a simple process. In this way, you could reduce your taxable income and receive an income tax deduction.
4. GIVE THROUGH LIFE INSURANCE - Life insurance policies provide an easy and inexpensive way to support UF/IFAS. If SHARE is named owner and beneficiary, premiums are tax-deductible.
5. GIVE LIFE INCOME GIFTS - You may be able to receive income from an asset or make an asset such as real estate income-producing as you support UF/IFAS through deferred giving methods such as the charitable gift annuity, charitable remainder annuity trust and unitrust or pooled income fund. In return for a gift of cash, securities or real estate, you and/or your beneficiaries may receive income for life or retain the use of your/their farm or home. The principal or property benefits UF/IFAS upon your decease or that of your beneficiaries. You receive a charitable deduction and realized income which may, in some cases, be tax-free.
6. GIVE "MATCHING GIFTS" - When you make any gift to SHARE, consider that many employers will match a gift either one-for-one or two-for-one. Contact your employee benefits office to see if matching gifts are available, then send the matching gift form along with your check. We will do the rest. In addition, matching grants of 50 to 100 percent of your gift’s value are often available from state of Florida trust funds for private gifts of $100,000 or more for facilities and faculty or student support.
7. GIVE ENDOWED FUNDS - You can honor or memorialize a friend or loved one and help UF/IFAS at the same time by establishing an endowed fund for student or faculty support with a minimum gift of $20,000. The principal of the fund is invested and only the earned income is used to support the program you select.
It is important to remember that, when establishing any type of gift, the donor should always use SHARE’s legal and proper name: The University of Florida Foundation, Inc. - SHARE.
UF/IFAS Home Page / SHARE Home Page / UF Foundation Home Page
