See how your generosity can make a difference in the lives of our students!
Mikala Guidinger, a junior majoring in business management from Rochester, Minnesota, speaks on behalf of students receiving scholarships and tells about her UMC experience. Mikala spoke at the annual Torch & Shield Recognition Event on the evening of Wednesday, November 6, 2013. Torch & Shield honors donors and others who have made an impact on the campus through gifts of time, money, or resources.
Giving Online ... in 3 easy steps
It's easy, it's secure and it's more convenient than ever. You'll select where you want to direct your tax deductible gift, enter information about yourself and the gift or pledge is submitted via our secure server. Remember, all gifts to the University are tax deductible.
Other Ways of Giving
University of Minnesota Foundation
Your financial investment supports the mission of the University of Minnesota Crookston and its students, faculty, and programs. All gifts designated to Crookston are received by and invested in the Crookston campus in partnership with the University of Minnesota Foundation, the legal, charitable entity for the University system.
Types of Giving
Cash & Cash Pledges
This is the easiest way to give. You can deduct cash gifts of up to 50 percent of your adjusted gross income in the year they are donated.
Tangible Gifts (such as a horse)
Gifts of tangible property, such as horses, benefit UMC students in many ways. These gifts are tax deductible.
Stock & Other Securities
Gifts of stocks, bonds, treasuries, and mutual funds can be an excellent way of making a gift. In addition to enjoying a tax deduction, you can avoid the capital gains accumulated while holding the asset.
A gift of real estate that you have held for more than one year entitles you to a charitable deduction for the property's full fair market value, as determined by an independent appraisal.
IRA & Retirement Assets
When you name the University of Minnesota Foundation as beneficiary of your retirement plan, you retain the income benefits during your lifetime. After your death, the University benefits according to your wishes and your gift is not reduced by income or estate taxes.
A number of plans allow you to make a gift to the University and at the same time receive a charitable income tax deduction and an income for yourself or others for life.
Charitable Lead Trusts
These trusts provide income to the University for a fixed term of years. The assets are then returned to you, the donor, or to another person you designate at your death or at the end of a term of years.
Gifts through a will or living trust allow you to control the assets during your lifetime and make an impact on the University after your death. These gifts can create a legacy in your name or in honor of special friends or family.
Check out some of these possibilities or contact the Development Office:
Office of Development & Alumni Relations
2900 University Avenue
Crookston, MN 56716