Types of Gifts

Types of Gifts

Development Officers are available in each of the colleges, campuses, and other units of the university to assist donors with gifts. To find the right person in your area of interest, please see the staff directory. For general questions about gifts, send an e-mail to gifts@osu.edu or call (614) 292-2141.

Alumni and friends of The Ohio State University who wish to make a contribution are encouraged to consider the following giving options:

Cash

Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized.

Donors may make a gift online via credit card, or print out a giving form and mail payment to:

The Ohio State University Foundation
1480 West Lane Avenue
Columbus, OH 43221

If sending a check, please make payable to The Ohio State University Foundation.

Pledges

Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have otherwise been possible. Terms for payment on pledges are flexible and at the option of the donor.

Donors with current pledges can fulfill their commitment online.

Securities

Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to The Ohio State University Foundation or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. It is best to consult with a Development Officer before a transaction is made. For general questions on securities, call (614) 292-2141 or send an e-mail to gifts@osu.edu.

Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the university.

Planned Gifts

In certain instances, it may be preferable from an estate, financial, and tax planning perspective to consider long-term gift planning as the best way to make a gift. This can be accomplished through various gift instruments, such as charitable remainder trusts, gift annuities, charitable lead trusts, and bequests. For more information on gift planning, please visit the Gift Planning web area or contact a member of the Gift Planning team.

Professional advisors can visit the Ohio State Planned Giving Design Center, an online resource to help you assist your clients in reaching their charitable goals.

Endowments

Once established, an endowed fund is a dependable and perpetual source of support, since the principal is invested and only a portion of the earnings is spent annually. A minimum gift of $25,000 is needed to establish an unrestricted endowment, while $50,000 is needed for a restricted endowment.

For more information, visit the endowments web area. For assistance in establishing an endowment, visit the staff directory to find a Development Officer in your area of interest. General questions about endowments can be directed to Lori Sams at (614) 247-4115 or sams.39@osu.edu.

Matching Gifts

Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. To see if your company has a matching gift policy, visit the matching gift web area.

Gifts in Memoriam/Gifts in Honor of

Honoring a family member, friend, colleague, classmate, or faculty member with a gift is a touching way to pay tribute to that loved one. Please call (614) 292-2141 or send an e-mail to gifts@osu.edu to make arrangements for setting up a fund or contributing to an area or program of interest to the person being remembered or honored.

Gifts in Kind

Alternatives to monetary gifts such as equipment or books are always appreciated. Call (614) 292-2141 or send an e-mail to gifts@osu.edu for information on making such a donation.

The Ohio State University
Foundation has 501(c)(3)
non-profit tax exempt status,
with a federal tax ID number
of 31-1145986.

REASONS TO SAY “THANK YOU!”

The But for Ohio State campaign is a $2.5 billion fundraising endeavor that invites those who believe in Ohio State to invest in our students, our faculty, and our potential.

*Gifts through June 30, 2014

“BUT FOR OHIO STATE AND THE EDUCATION I RECEIVED, I NEVER WOULD HAVE STARTED MY BUSINESS.”

—Leslie Wexner ’59