Outright gifts

Outright gifts are gifts given during the course of a donor's lifetime. these include cash gifts, longterm capital gain securities, real estate and personal property, and online giving.

Types of outright gifts

Cash

To yield immediate benefits to WSU, cash is the most popular choice for giving. Tax benefits are available for cash gifts in your itemized deductions on your income-tax return. Cash donations for qualified charitable purposes can thus be exempt from federal income tax. Your tax savings depend on your tax bracket, your other deductions and other factors. Generally speaking, the higher your tax bracket, the greater your tax savings. Be sure to keep acknowledgements and other records of your gifts for tax purposes.

Securities (stocks, mutual funds, bonds)

A gift of long-term capital gain securities to WSU also offers substantial tax benefits, often more advantages than simply writing a check. Tax laws offer special incentives for gifts of non-cash property, especially when it has increased in value since it was acquired. If you are interested in giving a gift of securities, contact Patsy Selby, vice president for finance, at (316) 978-3810, or e-mail patsy.selby@wichita.edu.

Real Estate and Personal Property

A residence or other real property may be given as an outright gift or set up as a deferred gift. The Foundation usually will sell the property to obtain funds for purposes at the University for which you have an affinity. Personal property such as paintings, books or musical instruments also provide great benefits to Wichita State.

Online Giving

Online Giving is available. Donors can submit their credit card gifts to WSU's Annual Fund for Excellence by way of secure server; you may designate your contribution to a particular college, school, or program. Click here to give.