Year End Charitable Giving

As you consider your charitable giving prior to the end of the year, remember that gifts made now could generate income tax deductions that may help reduce your tax bill for 2023. Here’s how to complete your 2023 gift to The University of Alabama by year-end.

IMPORTANT:  Credit card gifts mailed to The University of Alabama must be received by Tuesday, December 19, 2023 at 12 p.m. CST in order to be processed. If you wish to make your credit card gift over the phone, the Office of Advancement Services will be open Friday, December 29 from 10 a.m. to 4 p.m. CST and Saturday, December 30 from 10 a.m. to 3 p.m. CST. You may also make your gift online anytime via the UA giving website at http://give.ua.edu.  If you have any questions, please call our office at (205) 348-5370.

Gifts by Check

Mailed via USPS

  • Mail via U.S. Postal Service with postmark on or before December 31, 2023.

Mailed via Other Delivery

  • Hand-deliver your check or ship via FedEx, UPS, or other shipper so that it is received at The University of Alabama’s Office of Advancement Services no later than 12:00 p.m. CST, on Tuesday, December 19, 2023.
  • Checks delivered by any method other than being mailed via U.S. Postal Service are effective as of date received.

Gifts may be mailed to the following address:

Mailing Address

The University of Alabama
Office of Advancement Services
Box 870101
Tuscaloosa, AL 35487

Physical Address

The University of Alabama
801 University Blvd.
Tuscaloosa, AL  35401

*Please note: Checks will be delayed in being deposited as the University is closed for Winter Break. If your envelope is postmarked December 31, 2023 or before, your charitable donation will be for the 2023 calendar year.

Gifts by Credit Card

Online gifts via credit card

The most convenient and expedient way to ensure that your year-end gift to The University of Alabama is received on time is to make it online via the UA giving website.  Please consider time zone differences when making your online contribution on December 31. You may give using any major credit card and your receipt is automatically generated and delivered via email. Please visit UA’s online giving form.

Credit Card gifts mailed via USPS and FedEx/UPS shipping

  • Your credit card gift must be received in the Office of Advancement Services by 12 p.m. CST Tuesday, December 19, 2023, in order to be charged.
  • Use the Office of Advancement Services address above.

After December 19, you are encouraged to make your gift online or by telephone to avoid mailing or shipping delays and help assure your credit card gift is processed in time to count for 2023 tax purposes. See below for those deadlines.

Credit Card gifts by telephone

  • Deadline is 3 p.m. CST on Saturday, December 30, 2023.
  • Call (205) 348-5370 and have your credit card number, expiration date, daytime telephone number and gift designation ready.
  • After 3 p.m. on December 30, please use the UA online giving form.

If you have any problems making your donation online on December 31, 2023, please contact and leave a message for Hannah Blanchard at 205/283-7665.

Gifts of Securities

Giving stock that is worth more than you paid for it may result in additional tax savings. Stock transfers initiated and received on or before the close of the market on December 29, 2023, will be credited for 2023.  To ensure proper gift credit to you, please notify us in advance when you are ready to make a transfer. For more information regarding stock transfers, please visit UA’s Gifts of Securities page.

Gifts via Wire Transfer

Our wire transfer instructions are as follows:

Bank: Cadence Bank
Birmingham, AL
Routing number: 084201278
Account Name: The University of Alabama
Account Number: 5500308191

Wire transfers must be received at UA’s bank on or before December 29, 2023, in order to be considered a 2023 contribution. Please contact UA at (205) 348-6718 and provide the name of who is making the wire transfer and for what purpose. You may also email Hannah Blanchard.

Gifts via IRA Charitable Rollovers

The charitable IRA rollover, also called a qualified charitable distribution (QCD), offers an option to make a qualifying charitable gift that is excluded from taxable income and counted toward required minimum distributions (RMDs). To qualify, gifts must be transferred directly from the IRA provider to The University of Alabama and meet certain other requirements. Secure Act 2.0, signed into law on December 29, 2022, contains provisions and expansions for QCDs. Starting on January 1, 2023, the required minimum distribution age increased to 73. It will increase again on January 1, 2033, to 75. The annual QCD limit is $100,000 in 2023. It will increase to $105,000 in 2024. Section 307 includes the ability for donors to elect to make a QCD of up to $50,000 to fund a CRUT, CRAT or CGA.

We encourage you to check with your financial advisors about the best ways for you to take advantage of this opportunity as you consider gifts to the University and other charitable interests that are important to you.

It is simple to make a transfer. Contact your account administrator to request a check be delivered to the address below. Envelopes must be postmarked no later than December 31, 2023.

If you have IRA check writing abilities, your check must be deposited before December 31, 2023. Please ensure your check is received by our office no later than December 19, 2023.

The University of Alabama
Tax Identification # 63-6001138
Attn: Office of Planned Giving
Box 870123
Tuscaloosa, Alabama 35487

For more information, contact the Office of Planned Giving at (205) 348-0999 or toll free at (888) 875-4438.

 


Questions about year-end giving or supporting UA

Please call the Office of Advancement at (205) 348-5370 or visit Giving to UA for additional information.

This information should not be construed as investment, tax or legal advice. Before making your charitable gift, please consult with your financial, legal and other advisors.