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Benefits of giving

In addition to the impact your gift has on our students, faculty and staff, there are a few things you should know about supporting Ohio University that affect YOU:

Tax Benefits

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 arefully 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.

Once we receive and process your gift, you'll receive a receipt in the mail shortly afterward. In the first three months of each calendar year, we'll also send you a year-end, calendar-year gift summary that you can use when you file your taxes.
 

Yearly Stewardship Reports

For endowed accounts:

If you establish an endowment, we will annually provide you with a report that addresses fund performance, use of the funds, and a summary of your giving history.