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Whether through annual giving or volunteer work, all donations to VCU
provide a foundation for the betterment of the university and its community.
Ways of Giving
Ways to Support
There are numerous ways you can support Virginia Commonwealth University
through the MCV Foundation,
VCU Foundation,
VCU
Real Estate Foundation and the
VCU
Engineering Foundation. You can make gifts to the University
of:
- Securities, tangible or intangible personal property, or real estate.
- Gifts of Tangible Personal Property which include such items as
works of art, antiques, books, gems and the like.
- Gifts of Intangible Personal Property including copyrights, securities,
patents, contracts, promissory notes, royalties, trademarks.
- Almost any type of Real Estate donation including a residence or farm
(while retaining rights to use the property) or
undivided interest in property.
Planned Giving
Although we welcome and encourage outright gifts, there are other ways to
financially support VCU programs, through what is known as planned giving.
Gifts may be made during your lifetime or through your
will in the form of:
- Bequests. One of the easiest and most common ways of planned giving.
- Life Insurance. Some policies may allow you to make a current or
deferred contribution.
- Life Income Gifts. An opportunity to give and receive, these gifts
allow you to receive an income:
gift annuities, annuity trusts, unitrusts and pooled income funds.
- Charitable Gift Annuities. An annuity contract that allows a transfer
of assets to VCU as long as we agree to make regular, fixed payments
to you for life.
- Deferred Charitable Gift Annuity. An excellent retirement program,
making it possible for you to get an immediate income tax deduction,
yet defer the receipt of income for a term of years. When payments begin,
they will be at a much higher level than for an annuity that is not
deferred.
- Charitable Lead Trusts. A way to support our programs and to transfer
substantial assets to beneficiaries (children or grandchildren, for
instance) with the potential for significantly lowered gift and estate
taxes. Your heirs may actually receive a larger inheritance than they
would through an outright bequest or accumulation trust,
while VCU receives an immediate flow of income.
- Charitable Remainder Annuity Trust. This trust may be created by irrevocably
transferring cash, securities or property to a trust for VCU’s benefit.
In exchange, you and/or your designated beneficiaries will receive
a fixed dollar amount, at least annually, for life or for a fixed term up
to 20 years (the latter known as a term certain annuity trust).
At your death, the death of your beneficiaries or the end of the term,
the trust terminates and the assets are transferred to us.
A member of our development staff would be happy to meet with
you and your financial consultants to discuss these and other
ways of giving.
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