How to make a gift to the UAB School of Business
Cash
This is the most frequently used form of giving. Cash gifts have the advantage of providing immediate benefits to the institution. The actual cost to the donor may be reduced by tax savings achieved through a charitable contribution deduction. You can also give online using our secure server.
Pledges
The UAB School of Business is pleased to receive pledges payable over a period of up to five years. Pledges may be paid in equal or varying amounts, according to the donor’s wishes or convenience. You can make an online pledge or print and complete both sides of the pledge form and mail to:
Stacy Gay, Alumni & External Relations Officer
UAB School of Business, 217E BEC
1530 3rd Avenue South
Birmingham, AL 35294-4460.
Stacy can also be reached at (205) 934-6048 or (205) 934-8245 (fax)
Appreciated Marketable Securities
Giving appreciated securities may have special tax advantages. Within limitations, the donor may avoid the capital gains tax and be eligible for a charitable deduction for the full market value of such securities at the time of the gift. Contributions in excess of the limitations may be eligible for carryover to future tax years.
Real Estate and Personal Property
Gifts of real estate and other personal property generally have the advantages described for gifts or securities, provided the property is a long-term capital asset in the hands of the donor. The donor’s qualified appraiser must determine fair market value for income tax purposes.
Deferred or Planned Gifts
A donor may wish to consider making a deferred or planned gift to UAB through a number of plans, including the following:
- Life Insurance
By assigning ownership of an existing life insurance policy to UAB, a donor may qualify for an initial deduction approximately equal to the current cash value of the policy, and also may be able to deduct subsequent contributions to UAB that may be used for premium payments.
- Life Income Gifts
Securities, money, or property may be irrevocably transferred to UAB with a provision that periodic income payments may be made for life to the donor or to someone named by the donor. After payments to the beneficiary or beneficiaries have ended, UAB uses the funds remaining in the trust for the purpose designated by the donor.
- Bequests
A benefactor may leave an outright testamentary bequest in cash to UAB or provide income for one or more individuals through a testamentary trust. UAB may also be named as the beneficiary of a residuary or a conditional bequest. (Expert legal advice is recommended.)
- Name Gift Opportunities
With a distinguished record of service and the promise of an even brighter future, UAB is pleased to offer a wide range of commemorative gift opportunities for donors who wish to establish enduring tributes or permanent memorials to individuals, families, or organizations.