Benefits of Giving
Giving to the University benefits its students, faculty and staff. But you benefit from making a gift in many ways, from the satisfaction in supporting a first class university to receiving an income tax charitable deduction.**
There are many additional benefits of giving, depending on what you give and how you give it.
Tax Savings
These increase when you give non-cash assets such as appreciated real estate or securities.
Gifts of cash are fully deductible up to 50 percent of the donor's adjusted gross income. Any excess over the 50 percent deduction ceiling can be carried forward for up to five additional years.
Gifts of appreciated assets are fully deductible up to 30 percent of the donor's adjusted gross income for that year. Any excess of the 30 percent deduction can be carried forward up to five additional years.
Retirement income
If you need it for yourself or others, there are charitable remainder trusts, pooled income funds and charitable gift annuities that allow you to give an asset to Carolina now and receive income for the rest of your life. After your death, the University uses your gift for the purpose you specified.
Full control of your assests now, reduction in estate taxes later
Making a bequest to Carolina allows you to retain ownership and control of all your assets during your lifetime when you may need them. A charitable bequest may also reduce the size of your taxable estate.
Please consider the range of potential benefits when deciding to make a gift to the University.
**The University of North Carolina at Chapel Hill, The University of North Carolina at Chapel Hill Foundation, Inc., and the University's 14 other affiliated foundations meet the requirements of the Internal Revenue Service to qualify as a 501(c)(3) or tax-exempt organization.
