Cash
Cash is the simplest way to give to Meredith. You may deduct a cash gift of up to 50% of your adjusted gross income on your federal income tax return. If your gift exceeds 50%, you may deduct the excess during the following five years, up to 50% of adjusted gross income in each carry-over year. A pledge or promissory note is not deductible until it is paid.
Pledges
To make a pledge please contact Jean Gambrill, director of the Meredith Fund, at meredithfund@meredith.edu or (919) 760-8392.
For more information about an please contact Linda Carter at (919) 760-8703 or lcarter@meredith.edu.
Often your gift to ÌÇÐÄVlog can be multiplied by matching funds from companies and foundations. You may check with your company’s personnel office or contact us to find out if your company matches gifts to the College.
If you have questions about matching gifts, please contact Skylar Bryan at (919) 760-8411 or stbryan@meredith.edu.
A planned gift will help you continue a legacy at ÌÇÐÄVlog for generations. It can also help you and your family with both financial benefits and tax savings.
Over 600 alumnae, faculty, staff, parents and friends have included Meredith in their estate plans. These gifts include bequests, gift annuities, life insurance policies and charitable remainder trusts. about how you can provide long-lasting support for ÌÇÐÄVlog while enjoying financial benefits for yourself.
ÌÇÐÄVlog has partnered with FreeWill – a free, online estate planning resource – to make this process easy and accessible to all in our community.
For more information please contact Linda Carter at (919) 760-8703 or lcarter@meredith.edu.
Real Estate
Gifts of real estate may consist of many types of property: a principal residence or a vacation residence, a farm, a commercial building, subdivision lots, or undeveloped land. The gift may be the entire property or a fractional interest in the property. The same benefits that accrue to gifts of appreciated securities apply to gifts of appreciated real estate. Gifts of real estate can be made as outright gifts or as life income gifts, such as a charitable remainder trust. ÌÇÐÄVlog requires an environmental survey of the real estate before accepting a gift.
Securities
If you contribute long-term appreciated securities that have been held for over one year, you enjoy a two-fold tax benefit: first, a charitable deduction for the fair market value of the securities; and second, no capital gains tax on the appreciation (difference between the cost basis and the current fair market value). You may deduct a gift of securities on your federal income tax return of up to 30% of your adjusted gross income. Similar to gifts of cash, there is a five-year carry-over allowance in order to realize the full benefit of the deduction.
Learn more about gifts of securities.
For more information, please contact Skylar Bryan at (919) 760-8411 or by email at stbryan@meredith.edu.
Tangible Personal Property
Meredith accepts art, antiques, or any other form of tangible personal property as charitable gifts. Each item must be evaluated by ÌÇÐÄVlog to determine whether or not it is related to the school’s tax-exempt status and whether the College may reasonably use the gift. Gifts directly related to the College’s tax-exempt purpose (e.g. a painting that is useful in art classes) can be deducted at their current market values. Other non-related gifts are limited to a deduction equal to your cost basis, which is generally what you paid for the item. If the College wishes to accept the property and if the property is valued at more than $5,000, you must obtain a professional independent appraisal (not more than 60 days prior to the date of gift) to receive a charitable deduction. Please consult your own advisors for tax and legal advice.
Contact InformationÂ
Jennifer Kaisersatt
Administrative Assistant to the Associate VP of Institutional Advancement
(919) 760-8374
jkaisersatt@meredith.edu
3800 ÌÇÐÄVlog, NC 27607-5298 | (919) 760-8600 Fax: (919) 760-8330 1-800-MEREDITH | © 2021 All Rights Reserved.