REWARDS OF GIVING: However you choose to support NCCU, you will be embarking on a partnership with one of the country's greatest public Universities. Your gift can make a difference in a promising student's ability to realize his or her dream of an NCCU education; support the work of a distinguished faculty scholar; build a much-needed science complex; or get a vital new community-service program under way.

There are almost as many ways of giving, as there are programs, projects, and priorities of the University that need your support. For more information, contact a member of NCCU's development staff at an office listed below.

WAYS TO GIVE TO NCCU

I. OUTRIGHT GIFTS
Gifts are gifts of cash, securities or other property that provide the University with much needed financial assistance. Outright gifts have an immediate impact on NCCU schools and programs, because they can be used to support a variety of current needs.

Cash Gifts of cash are the easiest and most direct way to give to NCCU and are fully tax deductible to the extent allowed by law. Most alumni and friends participate in the Annual Fund with gifts of cash.

• Securities
  Giving with appreciated securities is a tax-wise way to support NCCU. When making a gift of appreciated stock or other stock options, the donor pays no tax on the capital gains. Furthermore, the donor can earn a charitable tax deduction for the fair market value of the contribution up to a 30 percent limit of his or her adjusted gross income. Any excess deduction can be carried over for up to five years. By contrast, if a donor sells appreciated stock to make a gift to the University rather than giving the stock itself, the donor will have to pay tax on the capital gains.
  
• Matching Gifts
  Many corporations have demonstrated their support for NCCU by matching their employees' gifts to the University up to a set amount. Before you make a gift, ask whether your employer participates in such a program. Your employer's generosity will allow you to significantly increase the size of your gift.
  
• In-Kind Support
  Intangibles such as services and intellectual property can provide excellent giving opportunities. If you operate a business that can supply goods or services to NCCU, the value of the goods or services will be considered an In-Kind Gift and gift credit will be given as any other type gift to the University. To determine the University's interest in the object you would like to give, please contact a member of the NCCU Development Affairs office. For more information on the NCCU In-Kind Gift Policy
  
• Real Estate
  When you give a gift of your home or real property to NCCU, you may claim an income tax charitable deduction based on the full market value of the gift, avoid capital gains taxes and eliminate certain costs associated with the transfer of real property. To determine the University's interest in the object you would like to give, please contact a member of the NCCU Development Affairs Division.
  
• Personal Property
  Gifts of personal property including works of art, manuscripts, antiques, musical instruments, rare books, equipment and other valuable collectibles are welcomed by NCCU. To obtain a charitable tax deduction for the full fair market value of the property given, federal tax laws require that you acquire an independent qualified appraisal for gifts worth $5,000 or more and that the use of your gift is related to NCCU's educational mission. To determine the University's interest in the object you would like to give, please contact a member of the NCCU Development Affairs Division.
  

II. DEFERRED GIFTS
Gifts are made through bequests, life insurance policies, or several kinds of charitable trusts. Deferred gifts often offer substantial tax advantages and financial benefits which allow the donor to make a larger gift to NCCU than he or she thought possible.

• Charitable Remainder Trust
  Charitable remainder trust is a trust in which a donor irrevocably places assets in exchange for an income either for life or for a term of years. As the donor, you may fund the trust with cash, securities or real estate. At the end of the trust term or when all income beneficiaries pass away, the remaining principal transfers to NCCU as the remainder beneficiary for any use you designate. The donor receives an immediate income tax deduction for this remainder value.
  
• Charitable Gift Annuities
  A gift annuity is both a charitable contribution and an investment. The annuity provides guaranteed fixed income for the donor's lifetime and/or the lifetime of the donor's spouse or other beneficiary. After that, the assets in the annuity become available to the University. The income may be deferred to help fund the donor's retirement or to cover a child's college expenses. When the annuity is created, the donor receives a charitable tax deduction. If the annuity is funded with appreciated securities, the donor pays no capital gains tax at the time of the gift; any capital gains tax due is spread over the lifetime of the annuity. Minimum amount required to create a gift annuity is $10,000.
  
• Charitable Lead Trust
  If a donor wishes to benefit the University but also wants to pass assets on to children or other family members, the charitable lead trust may be the best option. The University receives the investment income from these assets for a set term of years or the lifetime of the donor. The funds are then returned to the donor or are passed on to the donor's beneficiaries. The latter arrangement reduces gift taxes and decreases the federal tax exposure for the donor's estate.
  
• Bequests
  A bequest removes assets from the donor's estate and reduces its exposure to federal taxes. A bequest can be stated in dollar amounts or you can bequeath specific property to the University. You can designate that the bequest be used for unrestricted support or for a specific purpose. Bequests and other expectancies can be revoked by the donor if financial or other personal circumstances change.
  
• Life Insurance
  Life insurance can be a convenient and cost-effective means of making a substantial gift for the future of the University. You may have a current life insurance policy that is no longer needed for its original purpose. You may wish to purchase a new policy to support your charitable interests. The advantages of a gift of life insurance are:
  

  • the value of your old policy can provide you with an income tax deduction;
  • any future premiums you pay to keep the policy in force can also be tax-deductible; and
  • you can make a large gift at a low affordable cost.

CONTACT INFO:

Vice Chancellor for Institutional Advancement: (919) 530-6151
NCCU Foundation: (919) 530-5258
Director of Major Gifts: (919) 530-5264
Vice Chancellor for Institutional Advancement: (919) 530-6151
NCCU Foundation: (919) 530-5258
Director of Corporate & Foundation Relations: (919) 530-6173
Director of Alumni Relations: (919) 530-7517
Director of University Career Services: (919) 530-5321