Forms
of Giving: Benefits for the College—and
for the Donor
Many different kinds of gifts
can benefit both you and the University. Some
of them can offer particular estate planning
advantages, including income for life. Our
professional staff would be pleased to discuss
these gift vehicles with you;however, the University
urges you also to consult your attorney or
financial advisor.
If you wish your gift to
benefit the College, any legal documents or
instructions should specify that the gift is
for the College of Chemistry (or the Department
of Chemistry or of Chemical Engineering) at
the University of California, Berkeley.
Cash/Credit Card
Checks should be made payable to the UC Berkeley
Foundation (UCBF), with a notation designating
the name of the fund. Gifts to memorial funds
should be made payable to the specific fund. Gifts to the College of Chemistry or its departments can be sent to the attention of:
Asst. Dean Jane L. Scheiber
College of Chemistry, University of California, Berkeley
420 Latimer Hall #1460
Berkeley, CA 94720-1460
Contributions may also be made online with your Visa or MasterCard credit card via our secure website.
Securities
In
most cases, gifts of appreciated securities
may be deducted at full market value
as of the date you make the gift, and
the donor does not have to pay capital
gains taxes. Gifts of stock are most
easily handled by the “UC
Berkeley Foundation.” You or your
broker may contact Assistant
Dean Jane Scheiber in the College
(510-642-8782)
for further information. Stock can
often be transferred electronically.
If you wish to give a gift of depreciated
stock, you should first sell it and
give the proceeds to the Foundation.
You can then use the loss to offset
any gains and also claim a charitable
deduction.
Real
Estate
Gifts of real property
may be deeded to UC Berkeley for the
benefit of the College of Chemistry,
providing significant tax advantages
to the donor in most cases. It is also
possible to deed a home or farm to
the University and continue to occupy
it for life.
Life
Income Gifts
A number of
options are available by which you
may transfer assets to a trustee (either
the University or a trustee of your
choosing) and receive income for yourself
and/or a designated beneficiary for
life, as well as immediate tax benefits.
The College ultimately receives the
trust property.
Bequests
and Trusts
A fixed amount
or a percentage of your estate may
be designated for the benefit of the
College of Chemistry in your will or
living trust.
Matching
Gifts
Hundreds of firms
match their employees’ (and sometimes
retirees’) contributions on a
1:1, 2:1 or even 3:1 basis. If your
company has such a policy, forms to
assure that your gift will be matched
can be obtained from your personnel
or employee relations office. Matching
gifts are added to your individual
gift in determining the donor club
to which you belong. Click here to
see if your company participates in
matching gifts to the College of Chemistry.
Equipment
Certain industrial gifts of equipment
for research or student support are
welcome. Please contact Jane
Scheiber (510) 642-8782, or Nancy
Horton (510) 643-9351
for information on how to make a contribution
of equipment.
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