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Making a Gift | Types of Gifts | Gift Planning

Types of Gifts
You may designate your gift to any UC program or purpose. Or if you prefer, allow UC to use your contribution for its greatest immediate needs or opportunities.
Gifts tend to fall into one of four categories: outright gifts, planned gifts, pledges, or endowment funds.
Outright Gifts
Outright gifts are current contributions of cash, stocks, bonds, mutual fund shares, real estate and personal property. As a donor you can benefit from an outright gift in the form of a tax deduction based upon the current value of the gift and the avoidance of capital gain tax if the gift involves appreciated property.
Make a gift to UC right now, using a secure web server. Arrange a matching gift from an employer. Donate a material item such as artwork.
Planned Gifts
A planned gift may be immediate or deferred. It may be made through a will, retirement plan, real estate, bargain sale, life insurance policy or other capital assets. Deferred gifts often provide the most attractive benefits to the donor.
Deferred gift vehicles are bequests, gift plans that generate income during one's lifetime, trusts that pay income to a charity with corpus passing to heirs, contract designations, and remainder interests in a personal residence.
Many types of planned gifts provide financial returns for the donor. To help you estimate your income and tax benefits on such an arrangement, use our Planned Giving Calculator in our Guide to Planned Gifts.
If you have questions, please call the UC Foundation Office of Gift Planning at 513-556-6147 or toll-free 888-556-8889.
Pledges
A pledge is a gift commitment intended to be paid over a period of time. Your gift to UC can be paid over one year or several years. When making a pledge, you can specify when payments will begin and the frequency of payments (i.e., quarterly, semi-annually or annually).
Making increment payments with a pledge may enable a donor to consider a more significant gift that would have been otherwise impossible. With pledge payments, donors are entitled to income tax deductions allotted to the full extent provided by law.
Named Endowment Funds
Endowment funds may be named in recognition of the donor(s) or to honor or commemorate an individual. Named endowment funds may be created in the following minimum amounts:
Named Endowments for Faculty Support
- University Chair -- $2,000,000
Includes Ohio Eminent Scholar endowments of $2.25 million: gift(s) of $1.5 million or more + $.75 million from the State of Ohio
- Faculty Chair -- $2,000,000
- Distinguished Professorship -- $1,500,000
- Endowed Professorship -- $1,000,000
Named Endowments for Student Support
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Post-doctoral Fellowship -- $350,000
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Graduate Fellowship -- $250,000
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Undergraduate Scholarship -- $250,000
Academic Programs & Research
Named General Endowments
- Named General Endowments -- $50,000
Includes unrestricted University or college-based endowments and endowed funds to support education, research, technology, libraries, faculty and general scholarships.
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