The University of Minnesota Foundation offers a number of helpful alternatives for funding a contribution.
- Securities - Gifts of stock, bonds, treasuries, and mutual funds that have increased in value are a win-win opportunity for you and the U under current tax laws.
- Property - You can give real estate (homes, cabins, commercial buildings, farm land, and condos) or tangible personal property (art work, book or antique collections, livestock, or crops). In some cases you can continue to use the asset during your lifetime.
- Retirement plan assets - One frequently overlooked way you can make a charitable contribution is by using your IRA, qualified retirement plan assets, or commercial annuities.
- Life insurance - Have a life insurance policy that you no longer need? Giving it to the U can be a way to combine charitable objectives with tax advantages for you.
For more information on these alternatives, contact:
Cynthia Cashman
Director of Development
College of Food, Agricultural and natural Resource Sciences
CFANS Development
235 Skok Hall 2003 Upper Buford Circle St Paul, MN 55108
Phone: 612-624-7489
Email: cashman@umn.edu
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