How to Give
Participation in the corporate matching gift program is a great way to increase your BAF donor level and priority points as well as increase scholarship support for Fayetteville State University student-athletes.
A matching gift may not be used to pay your annual BAF seat donation, but it may be used to supplement your total BAF giving.
The following is a list of companies that participate in our matching gift program. This list is not all-inclusive and the policy of a company is subject to change, so please be sure to check with your human resources department.
Companies that participate in the Matching Gift Program:
- Dow Chemical
- Duke Energy
- Eli Lilly
- Ernst & Young LLP
- Gannett Foundation
- GlaxoSmithKline (GSK)General Electric
- Hewlett Packard Co
- Home Depot
- Merrill Lynch
- Pfizer Foundations
- PNC Bank
- RJ Reyonds
- Ryder System Charitable Foundation
- Time Warner Cable
- UPS Foundation
- Wells Fargo
To find out your company's policy on corporate matching gifts simply check with your human resources department. The matching gift policies of most corporations can also be seen by clicking HERE!
Bequests - A charitable bequest is an excellent way to capture your legacy at Fayetteville State University athletics program. A bequest may be made in your will or trust directing a gift to the BAF.
Benefits of a Bequest:
- Receive estate tax charitable deduction
- Lessen the burden of taxes on your family
- Leave a lasting legacy
A bequest may be made in several ways:
- Gift of a percentage of your estate
- Gift of a specific dollar amount or asset
- Gift from the balance or residue of your estate
A retirement asset, such as an IRA account, makes an excellent bequest. If the IRA were given to your family, much of the value may be lost through estate and income taxes. By designating a charity as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your custodian), the full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.
A contribution of appreciated securities to the BAF is a unique way to make a charitable gift. By contributing appreciated securities, you can make a meaningful contribution while also gaining valuable tax advantages. If you have owned appreciated securities for at least a year and a day, your contribution can offer the following benefits:
- Eliminate Capital Gains Tax - By donating your appreciated securities, you avoid the capital gains tax you would owe if you sold the securities yourself.
- Claim the Market Value - By claiming the market value (versus the cost basis) of the securities, you can enjoy a charitable contribution tax deduction equal to the average of the highest and lowest quoted sales price on the day you make the gift.
- Enjoy a Last Minute Tax Break - At the end of the calendar year, when tax breaks and timing are critical, securities can be deducted on the date you transfer them.