Securities & Property
Cash gifts are easy to make and carry tax benefits, but gifts of
stock or other securities may be a more appropriate gift vehicle
for your situation. Securities and property may be given directly
to the university as annual gifts, or they may be used to establish
certain types of planned gifts.
Real estate, works of art, rare books or stamp and coin
collections are just a few types of tangible property that you may
give to Butler University. When you make this type of gift, you're
entitled to a charitable deduction for gifts of tangible property.
In the case of art or antiques, the deduction amount depends on the
"related use" and who produced the work.
Stocks and Securities
A gift of stock is valued for tax purposes on the date of
transfer. The fair market value of gifts of long-term, capital gain
securities or real estate is deductible up to 30% of a donor's
adjusted gross income. Any amount in excess may be carried forward
for a period of 5 years. Giving securities that have increased in
value is a great way to both benefit Butler and bypass the capital
gains tax due on a sale.
If you would like to make a gift of tangible property or stocks
and securities, please contact Michele Miller at (800)
368-6852, ext. 9373.