Check

Checks should be made payable to the Arch Foundation and on the "for" line designated for FACS. Attach a note explaining any further wishes if there are any (i.e. Please designate my contribution for the new FACS Building Fund ... or for scholarships ... or for the alumni association).

Please mail to:
Katrina Bowers
224 Dawson Hall
University of Georgia
Athens, GA 30602

Checks postmarked between January 1 and December 31 will be receipted for tax deductible credit within that calendar year by the Arch Foundation.

Payroll Deduction

University of Georgia faculty and staff may make gifts to the Georgia Fund by payroll deduction. To initiate a new gift or to change a current gift by payroll deduction, please click on the link below and download it in PDF format or you may contact the Annual Giving office. Payroll Deduction Authorization

Credit Card

In order for you to make a secure online credit card donation to FACS, please visit the Arch Foundation page.

Stock Gifts

Gifts of appreciated stocks or bonds have the same positive benefit to the University as a gift of cash—however, a gift of securities is usually more beneficial to you, the donor, than a gift of cash.

With a gift of marketable securities which have been held longer than one year, you receive a charitable deduction of the full fair market value (FMV) of the securities. The FMV is determined by the average of the high and low sales prices of the stocks on the gift date. You may apply the gift as a deduction up to 30% of your adjusted gross income (AGI) in the case of securities, with the same five-year carry-over provision—and avoid gift and estate taxation, as with gifts of cash. In addition, you avoid paying any taxes on capital gains on the appreciation in the value of the securities. This can be a major benefit to you if you have held securities over a number of years and if they have grown in value.

Example: Mr. Jones has a $90,000 AGI this year. He donates long-term (held for over a year) stocks this year. He paid $10,000 several years ago for the stocks and they are now worth $50,000. On the gift date, the stock traded on the New York Stock Exchange at a low of $49,000 and a high of $51,000. Whether the Arch Foundation sells the stock or not does not change the valuation on the gift date. He may deduct $27,000 this year and carry over $23,000 to deduct next year. He also avoids taxes of capital gains he would have had to pay on the $40,000 appreciation, or growth, in the stocks if he had sold them himself.

Gifts from Estates

1. Will

Gifts by will may be an option if donors are unable to make a current gift but would like to contribute to the College of Family & Consumer Sciences in a meaningful way. The most common way to contribute by will is a "specific" bequest. Donors may leave a specific amount of money, a specific asset, or a specific percentage of their estate to the College. Another way to contribute by will is a "residual" bequest. These bequests go to the College after all debts, expenses, taxes, and other bequests have been paid. Finally, "contingent" bequests allow a donor to contribute to the College even when raising young children. This bequest takes effect only when all other bequests fail. Please visit the Arch Foundation web page for more information. Official Will Language

2. Charitable Remainder Trusts

There are two main types of charitable remainder trusts: 1. Annuity Trusts, and 2. Unittrusts. With both trusts, donors receive a charitable contribution income tax deduction based on life expectancy, avoid capital gains taxes on appreciated securities or real estate, and reduce potential estate taxes. In Annuity Trusts, the assets given are valued on the date the trust is formed. An annual payout is established then and donors receive this same dollar amount each year for life. Any beneficiaries will also receive this amount for life. After a donor's death and death of beneficiaries, the remaining principal is given to the College of Family and Consumer Sciences. With Unitrusts, the assets given are valued each year and an annual income payout is made based upon a fixed percentage. This trust is often used when inflation and its effect on the future purchasing power of a fixed income is a concern. Please visit the Arch Foundation web page for more information.

3. Charitable Gift Annuities

A Charitable Gift Annuity is a simple agreement between the donor and the College of Family and Consumer Sciences. In exchange for a gift of cash, securities or certain types of other assets (possibly real estate or timber rights), the College of Family and Consumer Sciences will agree to make fixed, periodic payments to the donor or another beneficiary for life. A portion of the payment may be tax-free, or taxed at the more favorable rate on capital gains. Donors will be entitled to an immediate federal income tax deduction for a portion of their gift. The amount of deduction will be based upon the amount of the gift, the donor's age and/ or another beneficiary, and the annuity payment rate.

4. Life Insurance Policies

Taking out a new or universal life insurance policy is another increasingly popular way to make a significant gift to the College. The policy may allow donors to only pay premiums for approximately ten years and each year's premium payment is tax deductible.

5. Personal Property

Any long-term appreciated real estate may be donated to the College. Donors will receive a charitable deduction for the full fair market value of the real estate. Any type of tangible personal property may also be donated such as rare books, art, antiques, precious stones, gems, and coins or stamp collections as well as equipment or other items which can be put to use immediately. Please see Arch Foundation Website for more information. Arch Foundation

For further assistance please contact:

Ms. Katrina Bowers
Director of Development
College of Family and Consumer Sciences
224 Dawson Hall
Athens, Georgia 30602
(706) 542-4946
Fax: (706) 542-4862