 |
| Hollins welcomes gifts of all types. We will work with you and your financial advisors to maximize the tax benefits for you and the value of your gift. |
Cash.
Gifts of cash including checks, Visa, MasterCard, Discover, or American Express can be deducted from your adjusted gross income on your tax return.
Gifts and pledges can be made online.
|
Gifts of Stocks or Bonds.
Electronic transfer is the safest and fastest way to give stock to Hollins. It requires two easy steps:
- Call the Hollins Fund Office or e-mail gifts@hollins.edu to give the name of the stock, the number of shares you intend to transfer, the approximate value of the stock, and the designation.
- Instruct your stock broker in writing to transfer the shares to: Smith Barney, D.T.C. #0418, for credit to Hollins' account: 42A0002913. Have your broker speak with Joanna Laracuente at Smith Barney, 1-877-449-4449 (toll free).
For information on how to transfer stock certificates by mail, please contact the Hollins Fund Office at (800) 846-5371. You also may give mutual fund shares to Hollins and avoid capital gains tax on the appreciation in value. Each mutual fund company has different procedures. Please contact Hollins directly for assistance.
|
Charitable Gift Annuity: Give and Receive.
A charitable gift annuity (CGA) is a simple contract between you and Hollins. In exchange for your irrevocable gift of cash, securities or other assets, Hollins agrees to pay one or two annuitants you name a fixed sum each year for life. The payments are a continuing obligation of Hollins no matter how the gift annuity’s assets are invested. Contact us about planned giving. |
Life Income Gifts.
Gifts of appreciated property can generate income for you with positive tax benefits. Examples include gift annuities, and charitable remainder trusts. Contact us about planned giving. |
Bequests.
Reduce inheritance taxes by designating in your will specific gifts of cash, property, or a percentage of the remainder of your estate. Contact us about planned giving. |
Lead Trusts.
Assets can stay in the family while your gift reduces estate taxes and supports Hollins. Contact us about planned giving. |
Life Insurance.
Designate Hollins as a beneficiary of a paid-up policy or a new policy, help the university's future endowment, and get a tax deduction. Contact us about planned giving. |
Retained Life Estate.
You retain occupancy of the property for life, but give your primary or vacation home or farm to Hollins for its future benefit. Contact us about planned giving. |
Real or Personal Property.
Deduct the full fair-market value of gifts of real estate or personal property (art, antiques, etc.). |
Matching Gifts.
Often your gift to Hollins can be multiplied by matching funds from companies and foundations. Check with your company's personnel office or call Hollins to find out if your company matches gifts.
For income tax purposes, Hollins' federal ID number is 54-0506314.
|
External Relations Staff
|
|
|
|
