UAHuntsville Foundation

Non-Cash Gifts

Non-cash gifts may be securities, personal property, real estate, or gifts-in-kind.

Securities include stocks, bonds, and mutual funds. The value of the gift is determined on the day the UAH Foundation receives the security and is calculated by finding the mean of the highest and lowest selling price for the day.

Gifts of personal property include art objects, rare books, coin collections, and other treasured items. While giving UAH these gifts allows you to enjoy tax benefits, it also ensures that others will learn and benefit from having the gifts on campus. Gifting personal property, which can be utilized in a related use, may entitle you to a tax deduction equal to the gift's fair market value. For such treasured items we would prefer to have a discussion with you prior to the gift to determine what restrictions you would put on such a gift. If the gift is made through a will, the estate will benefit from the tax savings.

Gifts of real estate include personal residences, farms, vacation homes, or timberland. To ensure maximum tax advantage for you as well as the marketability of the gift, the property is carefully appraised and assessed. The value of your gift is based on an independent, qualified appraisal provided by you, the donor.

Gifts-in-kind are typically equipment or other items, such as computers or software, which can be used in the ordinary course of University business, in the classroom, or in research facilities.

The UAH Foundation Executive Director is available for individual consultation and suggests that donors consult with their financial and legal advisers as well. Inquiries and plans are kept confidential. Gifts are publicized only with donor approval.