Types of Gifts and Their Advantages for You
There are many different ways you can give to the International Institute, or any one of its Centers and programs. Most gifts are fully tax-deductible. Below are some alternatives that may allow you to make a larger gift while retaining important tax benefits or even a lifetime income from your gift.
Gifts of cash, securities or other property have an immediate impact on the UCLA International Institute's programs and centers because they can be used to support a variety of current needs.
A pledge is a formal statement of intention to make a gift to the International Institute. It may be followed by an immediate gift, or it may simply confirm your intention to make a gift in the future. Many donors choose to complete their pledge by making regular payments over a period of time. This method often allows donors to give more generously than they may have originally considered.
Gifts with Retained Interest
This type of gift allows you to hold an interest in that gift for your lifetime or for a specified term of years. After that time, the funds become available to the Institute. A charitable trust or gift of real estate may fall under this category.
When you do not restrict the use of your gift, the International Institute gains crucial flexibility. Unrestricted gifts are used to meet changing or urgent needs such as library acquisitions, state-of-the-art technology, equipment, or new research initiatives
A gift for endowment demonstrates your farsighted commitment to the international programs of the University. An endowment is a fund that is maintained in perpetuity, and only a portion of the annual investment return is used for the purposes specified by the donor. The rest of the investment yield is returned to principal. Thus, over the years, the fund can grow and hopefully keep pace with inflation. Such endowments, which typically bear the name of the donor or donors, reflect your interests and serve as an enduring testament to your generosity.
A gift of long-term appreciated marketable securities helps you save taxes twice. Such a gift will provide an income-tax charitable deduction and capital gains tax savings.
Gifts of Real Estate
When you give a gift of your home or real property to the International Institute, 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. Gifts of real estate can also provide income to you as a gift with retained interest.
Making a Planned Gift.
Planned gifts are gift arrangements that have specific tax advantages and often include lifetime income to a beneficiary or beneficiaries named by the donor. Many of these arrangements, such as a gift annuity, charitable trust, or certain real estate donations, allow you to hold an interest in that gift for your lifetime or for a specified term of years. After that time, the funds become available to the Institute.
A planned gift maximizes your giving potential and can even allow you to ensure your future financial security or that of a loved one. If you would like to have advice on how to make such a gift to the International Institute, contact the Institute's Development Office, at 310-825-6644.
More information can also be found at the UCLA Gift Planning website