Every contribution is appreciated
that helps benefit OPSU whether to the University or the Foundation. It
is very important that OPSU Alumni and Friends understand the difference
between giving a gift to the Panhandle State Foundation as opposed
to Oklahoma Panhandle State University. When a gift is given
to the university, it becomes state funding and cannot be transferred
to the Foundation, whereas a gift to the Foundation can be transferred
to the university. A gift to the Foundation is more flexible
and has a greater potential to earn a higher interest yield than
the university. Both entities can assure the giver that the
specific intent of the gift will be maintained. Listed below
are some examples of various methods of giving to the Panhandle
State Foundation.
*NEW* Electronic Funds Transfer
An easy and convenient method of donating. Authorization is given to draft a set amount from your personal account on a specific date.Click here for the Transferm Form.
Gifts of Cash
Gifts of cash are the most common form of donation to the Panhandle State Foundation and can be deducted up to 50% of your adjusted gross income.
Appreciated Stock
Appreciated stock (held more than 1 year) make an excellent gift to the Panhandle State Foundation. You may avoid all capital gains taxes and will receive tax deductions for fair market value up to 50% of your adjusted gross income.
Bonds, Mutual Funds
Bonds and Mutual Funds are similar to stocks in their tax treatment with a tax deduction for the full value of the gift if they have been held for more than one year.
Charitable Remainder Trusts
Donors can select the rate of return from these income arrangements and also choose a fixed or fluctuating annual payment. Capital gains taxes are completely avoided and you will receive a tax deduction based on the age of the income recipient and the rate of return.
Bequest through a Will
This is one of the simplest ways to give your estate. You can make a gift bequest, after others have been provided for, of a dollar amount, specific property, a percentage of your estate, or what is left to the Panhandle State Foundation.
Gift of Life Insurance
You can make a very significant gift by naming Panhandle State Foundation to receive all or a portion of the proceeds of an existing life insurance policy. Tax deduction amounts depend upon whether the policy is paid up or if payment remains to be made.
Retirement Accounts
Retirement Account Funds (IRA's or company plans) may be given to the Panhandle State Foundation by proper beneficiary designation.
Gift of Real Estate
One of the most overlooked gift forms is real estate. You will receive a tax deduction based on the full fair market value as well as avoiding capital gain taxes.
Personal Property
Gifts of personal property are always welcome. Charitable tax deductions are available in the year the gift is given.
