How You Can Support the College of Letters and Science
Giving to the College of Letters
and Science provides financial assistance for student, faculty, staff
and building needs. Donations can be made in many ways:
L&S Enhancement Programs
are a way for research and conferences to be funded. Stock gifts or
general donations can be given to the college to use where the need is
the greatest. The college uses funding to allow students and faculty to
participate in research, or attend and/or present information at a
conference. These opportunities for global education provide unique
experiences to broaden horizons and share knowledge with others.
Scholarships
are a way of leaving a legacy through UWSP, an ideal way to memorialize
a family member, friend, or UWSP staff or faculty member. You may also
contribute to an established scholarship endowment, increasing the award
given to an outstanding student.
To create a legacy at UWSP or one for a friend, mentor or loved one, please contact the College's major gifts officer. Email: college.of.letters.and.science.office@uwsp.edu
Giving to the College of Letters and Science
Check
Make check payable to UWSP Foundation and write "College of
Letters and Science" -or- a specific fund name on memo line of your
check or in a cover letter
Mail To: UWSP Foundation, 2100 Main Street, Suite 134, Stevens Point,
WI 54481
Credit or Debit Card
We accept MasterCard, VISA, American Express or Discover using our secure
Online Credit Card Donation website
Matching Gifts from your employer
Your employer may have a matching gifts program which
multiplies your contribution. See your Human Resource director for
information.
Planned Giving
Leaving a legacy through a planned gift can result in significant
tax savings. A planned gift is simply a donation that requires some form
of planning. Weather a donor seeks to avoid capital gains taxes on
appreciated stocks or is looking to transfer assets into a life-long
income stream there are countless planning giving vehicles. A few of the
most common options are listed below.
Gifts of Stocks and Securities
This giving option involves gifting a number of shares of stock
that a donor already owns. In most cases, this option allows the donor
to bypass capital gains taxes and can even be tax deductible. The
procedure simply entails a broker transferring stocks to an account
owned by the UWSP Foundation. The donor can typically deduct the entire
value of the stocks donated.
Gifts of Life Income
A gift of life income is one way for a donor to make a substantial
gift to the College of Letters and Science while realizing an immediate
tax deduction and a generous life-long revenue stream. Under this
option, a donor makes a contribution to the UWSP Foundation, which is
invested. The annual earnings on this investment are then paid to the
donor or beneficiary through their lifetime.
Gifts of Real Estate
The income tax benefits of gifts of real estate are similar to
gifts of appreciated securities. A donor can avoid paying capital gains
taxes on the appreciated value and receives a deduction for the full
market value of the property. Gifts of property such as land, farms, or
personal residences can be transferred by deed to the UWSP Foundation
with no liability for income, estate or gift taxes on the appreciated
amount.
Gifts of Life Insurance
Gifts of life insurance often allow the donor to give much more
than they otherwise could through a cash gift. To establish a gift of
insurance a donor can simply name the College of Letters and Science as
the primary or secondary (contingent) beneficiary of a life insurance
policy. While this offers no immediate income tax deduction under
current tax law, the death benefit passes on to the College of Letters
and Science free of any estate tax liability for the donor's heir. A
donor can also name the College of Letters and Science as the owner of a
life insurance policy; either a policy owned now or a new policy
purchased specifically for this purpose.
Gifts of Bequest
The most common form of a planned gift, a bequest, gives donors the
opportunity to provide for others beyond their lifetimes. For many
naming the College of Letters and Science as the beneficiary on a will
or trust document means making a much larger gift than otherwise
possible while still drawing an income from their investments. Such
bequests are exempt from federal and state estate taxes, and when
properly planned can even increase the amount of an estate passed onto a
donor's heirs. Many donors make specific bequests of property, or
allocate a percent or dollar amount from their estate in their wills.
Another method is to allocate "the residue" of an estate, or what is
remaining after all other bequests or terms of a will have been met.