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MSU Home :: Gifts Anyone Can Afford

Gifts Anyone Can Afford

Did you know there are ways to support Morehead State University that don't affect your current lifestyle or your family's security?

You can support MSU with gifts that don't impact the way you live. You can designate Morehead State University to receive estate assets in the future, or you can make immediate gifts to us of assets that are "out of sight and out of mind." We call these "Gifts Anyone Can Afford" because anyone can make them now without impacting their cash flow, lifestyle or family security.

Popular Giving Arrangements

Wills & Trusts

Include a bequest to MSU in your will or trust. (Here's sample language for your will.) Make your bequest unrestricted or direct it to a specific purpose.
Indicate a specific amount, or a percentage of the balance remaining in your estate or trust.

Your assets remain in your control during your lifetime. You can modify your gift to address changing circumstances. You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended). Under current tax law there is no upper limit on the estate tax deduction for your charitable bequests.

Retirement Plans

Name Morehead State University as a beneficiary of your IRA, 401(k) or other qualified plan. Designate us to receive all or a portion of the balance of your plan through your plan administrator. The balance in your plan passes to MSU after your death.

Avoid the double taxation your retirement savings would face if you designate them to your heirs. Continue to take regular lifetime withdrawals. You have flexibility to change beneficiaries if your family's needs change during your lifetime

Stock & Appreciated Assets

You transfer appreciated stocks, bonds or mutual fund shares you have owned for one year or more to Morehead State University. MSU sells your securities and uses the proceeds for its programs.

You receive an immediate income-tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the transfer when the stock is sold. Giving appreciated stock could be more beneficial than giving cash.

Life Insurance

You transfer ownership of a paid-up life insurance policy to Morehead State University. MSU elects to cash in the policy now or hold it.

Make a gift using an asset that you and your family no longer need. Receive an income tax deduction. In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.

Real Estate

You deed your home, your vacation home, undeveloped property or a commercial building to Morehead State University. MSU may use the property for its own purposes or will sell it and use the proceeds.

You receive an income tax deduction for the fair market value of the real estate. You pay no capital gains tax on the transfer. You can direct the proceeds from your gift to a specific program at MSU.

Personal Property

You transfer a valuable painting, antiques, or other personal property to Morehead State University. MSU may hold and display the property or use it in the furtherance of its mission. MSU may sell the property at some point in the future and use the proceeds for its mission.

You receive an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, so long as the gift can be used by MSU to carry out its mission. In certain cases, you can use personal property to fund a life-income gift that provides you and/or other loved ones with an income now and benefits MSU in the future. Without using cash, you can make a gift that is immediately beneficial to Morehead State University.

Contact us if you have any questions on any of the gift options.
 



 

Donor Spotlight

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"As alumni, our support of Morehead State University indirectly influences the continued growth and livelihood of our hometowns."

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