Why Give?
If you're looking for a reason to give to Ohio University, we've got you.
Students Rely on Donors
It's the Bobcat Spirit
Every Bit Counts
Impact Reaches Beyond Campus
Tax Benefits
In addition to the impact your gift has on our students, faculty, staff, and you as a donor, there are a few more things you should know about supporting Ohio University. Your annual gift can positively impact your income tax situation by providing a charitable gift tax deduction depending on the type of gift.
- Gifts of cash: Gifts of cash are fully deductible up to 50 percent of your adjusted gross income in the year of the gift, and, if necessary, you can carry forward the balance of the deduction for up to five years.
- Gifts of appreciated assets:Gifts of appreciated assets like real estate, stocks, securities and bonds are fully deductible up to 30 percent of your adjusted gross income in the year of the gift, and, if necessary, you can carry forward the balance of the deduction for up to five years. In addition to receiving a charitable deduction for the full fair market value of such a gift, the donor pays no capital gains tax on the appreciation when the gift is made.
- Gifts of retirement assets:A gift of your retirement assets [401(k), 403(b), pension or other tax deferred plan] is an excellent way to make a gift. Did you know that 50-60 percent of your retirement assets may be taxed if you leave them to your heirs at your death? If you designate Ohio University as the beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
- Gifts that pay you income: There are several ways that you can give an asset to Ohio University now and receive income for the rest of your life including charitable remainder trusts charitable gift annuities.