Give

A cash gift, via personal check, cashier check or money order, is one of the direct ways to support the work of the College through our annual giving program. Credit cards provide a flexible option for making a one-time contribution, or multiple gifts toward a pledge. Gifts or pledges made to the College’s unrestricted fund give the College the greatest flexibility to respond to shifting priorities and needs. The unrestricted fund helps provide scholarships, faculty and staff development, invest in new technology and equipment and enhance the physical plant.

There are over 5,000 organizations and companies that have programs that will partially, or fully, match your contribution to Morris Brown College. To determine if your organization or company participates in the Matching Gift Program, please contact your human resource or benefits department.

Some donors prefer the additional tax advantages of making their gift in the form of appreciated securities rather than cash. The donor or his/her broker can electronically transfer these types of gifts directly into the appropriate account of Morris Brown College.. Generally, you are entitled to a charitable income tax deduction for the full value of your gift, if the securities have been owned for more than 12 months. Please contact your financial advisor for exact details.

If you own stock in a closely held corporation, the stock can be used to make a gift to Morris Brown College that will bring substantial tax benefits. A number of strategies can be used to structure the gift. Please contact your financial advisor for exact details.

In planning your estate, valuable collections, works of art and other forms of tangible personal property may be subject to estate taxes. By donating such items during your lifetime rather than after death, the taxable estate value is reduced, but your taxable income in the year the gift wish donated is also reduced.

For a gift of tangible property, you are entitled to an income tax charitable deduction amounting to the property’s full, fair market value, provided the use of the object is directly related to the tax-exempt functions at Morris Brown College. If the property cannot be used directly, your tax deduction is the lesser of the property’s original cost or the fair-market value. Appraisals are the responsibility of the donor.

Please contact your financial advisor for guidance.

Almost any kind of real estate can make a valuable gift, including a primary residence, vacation home, farm, commercial real estate, or an undeveloped parcel of land, You can even contribute your residence now and still reside in it for life.

As with gifts of appreciated stocks, bonds, mutual funds, and personal property, no capital gains tax is due when appreciated real estate is donated. You are entitled to an income tax deduction in the amount of the appreciated value of the real estate; and, estate taxes are avoided on the appreciated asset. Appraisals are the responsibility of the donor.

The College will accept real estate that is:

• Free of hazardous waste and environmental concerns
• Marketable
• Free of debts or liens
• Free of donor conditions

In all cases, please consult your financial advisor for guidance.

Endowments are assets donated by individuals or organizations to provide permanent capital and an ongoing revenue stream for Morris Brown College. Endowments include one or more of the following oomponents: true endowment, term endowment or quasi-endowment and generally exclude life income and annuity funds.

Bequests are gifts that are made as part of a will or trust. A bequest can be to a person, or it can be a charitable bequest to a nonprofit organization, trust, or foundation. Anyone can make a bequest—in any amount—to an individual or charity. Bequests can be simple—“I give $100,000 to Morris Brown College for operations or scholarships”—or complex, with conditions about how the gifts can be used.