Ways to Donate
Give Now By donating property to UA now, you may receive an immediate charitable income tax deduction, eliminate capital gains taxes, and relieve yourself of the responsibility of owning property.
Give Later By naming UA in your will or trust you can defer your gift until after your lifetime. You continue to have total control of your land until you no longer need it, while reducing your estate tax liability.
Give Now and continue using You can donate your property now, but continue to live on it for the rest of your life or a set number of years. You may receive an immediate charitable income tax deduction and you will reduce your estate tax liability.
Phyllis Todd never attended The University of Alabama but she adopted the Capstone as her own when she moved with her husband to Tuscaloosa years ago. She recently gave UA a house that she and her husband had purchased years ago as rental property. The proceeds from the sale of the property created two endowments in UA Libraries: The Mary Phyllis Jackson Todd Endowed Library Fund and The John Norton Todd III Memorial Endowment. Phyllis said her love of higher education and her lifelong devotion to libraries guided her decision to donate her land. “I value education and I think the library system is the way to preserve and promote learning,” she said.
Gifts of land to the University through Capstone Lands can be tailored to suit the needs of donors and often offer attractive tax benefits. We will work with your estate planner or attorney to assist in developing the right course of action for your charitable donations of land.
Donating land to UA builds a distinguished legacy for you and your family. At the same time, you will be providing a pivotal stepping stone for future students who one day will walk the halls on the campus of The University of Alabama.
For more information call the Office of Planned Giving at (888)875-4438, or click on Capstone Lands for a free brochure.
Click here to review the Checklist for Giving Real Estate to UA.