Investing in the Future
Gifts of Cash/Checks
Gifts of cash to the Paul Merage School of Business are qualified charitable
contributions for which donors receive tax benefits if they itemize deductions.
Checks should be made to "The UCI Foundation," and may be mailed or
delivered to The Paul Merage School of Business Development Office; 210 MPAA,
UC Irvine, Irvine, CA 92697. Please include a letter indicating how you would
like your gift applied. You may also make a donation by way of a credit card
via the secure The
Paul Merage School of Business/UCI eGiving website.
How Your Donations Help
There is a wide range of giving opportunities at the Paul Merage School of
Business that will allow you to become a vital part of The Paul Merage School
of Business' future.
You or your employer may choose to provide financial support for students.
Another donor may wish to contribute funds designated for a particular academic
discipline or program. Gifts may be tailored to express your interests and tax
situation.
The Paul Merage School of Business' Development Office is available to discuss
in detail - and in confidence - projects and programs that relate to the Paul
Merage School of Business' priorities and the specific ways in which you would
like to help the school. Gifts to the Paul Merage School of Business may be
made to the UC Irvine Foundation or The Regents of the University of California.
Both are considered public charities, thus qualifying gifts to the Paul Merage
School of Business for all charitable deductions to the limit allowed by law.
A pledge arrangement will allow you to spread your commitment over a specified
number of years, and serves as a guarantee for the Paul Merage School of Business
that your gift intention will be fulfilled. Pledge forms are available from
the Paul Merage School of Business' Development Office, or you may write a letter
to the Paul Merage School of Business indicating your pledge amount, dates,
payment schedule and the purpose of your gift.
The following suggestions are offered as representative examples of the Paul
Merage School of Business' diversified giving opportunities.
Gifts of Securities
You may realize a substantial tax benefit by donating stocks, bonds or mutual
fund shares to the Paul Merage School of Business.
Listed securities will be valued at the mean between high and low sale price
on the date of transfer. In the case of mutual fund shares, the redemption price
will apply.
If securities have increased in value since they were purchased, and you have
owned them for the required length of time, you may claim a charitable income
tax deduction for their full fair market value. There are special procedures
for transferring securities to the university; please contact the Development
Office for details prior to initiating a transfer.
Gifts of Real Property
Gifts of real property are among the most convenient ways to make sizable
gifts to the Paul Merage School of Business. Such gifts are accepted on the
basis of their verified fair market value. In most cases, two professional appraisals
are recommended to assure the valuation of the gift and the deduction you claim.
Ordinarily, gifts of income-producing or vacant property should be unencumbered.
Gifts with Life Income to the Donor
Many donors find they can make a more substantial gift to the Paul Merage
School of Business through a planned giving arrangement rather than an outright
contribution. With the assistance of the UC Irvine Foundation and UCI's
Office of Gift Planning, you may enhance your own financial situation
while helping to shape the Paul Merage School of Business' future.
Usually, planned gifts are trust funds that generate income paid to you during
your lifetime, with the principal going to the Paul Merage School of Business
at the time of your death. The value for deduction purposes is a percentage
of the amount transferred to the UC Irvine Foundation for the life income contract.
Gifts by Bequest
A bequest is a provision in your will to provide a gift to the Paul Merage
School of Business after your death. It is one of the most common ways that
friends of the Paul Merage School of Business have provided for the school's
future. Because a bequest is a gift made through your will, you can retain the
full use of your property during your lifetime and also guarantee that it is
used as you desire after your death. Gifts to the Paul Merage School of Business
by bequest are fully deductible from your estate for tax purposes. Bequests
may be for current use or for endowment purposes, and may be restricted or unrestricted
as to use.
Bequests may be made for such specific purposes as buildings, academic programs,
endowed faculty chairs, libraries and student fellowships. Unrestricted bequests
will provide the Paul Merage School of Business with the flexibility to use
private funds wherever the need is greatest. Moreover, the impact of such gifts
on academic programs and student financial aid far exceed their original investment
because they are used to promote the Paul Merage School of Business and attract
the support of other individuals, corporations and foundations.
Sample language is available from the Paul Merage School of Business Development
Office and from UC Irvine's Office of Gift Planning to enable you to (1) have
the Paul Merage School of Business receive the balance of your estate after
all bequests are paid, (2) endow a graduate student fellowship or faculty position,
and (3) provide for the payment of any pledges to the Paul Merage School of
Business made during your lifetime. For more information, or to discuss a contribution,
please contact the Development Office at (949) 824-6418. We look forward to
working with you.