Planned Giving

Securities

Gifts of securities (stocks, bonds and mutual funds) traded on an exchange or other public market may offer you more advantages than cash gifts. If you have held your securities for more than one year, your gift may provide a twofold tax benefit:

• Gifts of long-term appreciated securities are tax-deductible at their full market value at the time of your donation; 
• By giving appreciated securities, you avoid the capital gains tax that would be due if you sell the securities yourself.

Life Insurance

Naming UTHSCSA as owner and beneficiary of a pre-paid insurance policy entitles you to a deduction equal to either the cost of the policy or its replacement cost–whichever is less. Giving through life insurance is an easy way to make a gift that costs you little but benefits medical research tremendously. Transferring ownership of the policy to UTHSCSA is a convenient way to make a sizable contribution. Consider making a gift of your life insurance policy if it is no longer needed to meet your family's needs. These are advantages to a gift of life insurance:

• Your generous gift will become a legacy that improves the lives of many;
• This is an opportunity to make a substantial gift that can benefit several charities at the same time;
• You can derive an income tax deduction;
• Any future premiums you pay to keep the insurance policy in force also are tax-deductible.

Retirement

Alumni and friends of UTHSCSA are often surprised to learn that they can now designate a portion or all of their 401(k), 403(b), IRA's or profit-sharing plans to the Health Science Center. Simply speak with your plan administrator and designate, in writing, the Health Science Center as a contingent beneficiary of the retirement plan. This can make possible a significant charitable gift. If you are a retiree with independent family members or someone who has no dependents, this may be the best way to help the university, its students and its educational or research programs.

Real Estate

A gift of real property to UTHSCSA can provide significant tax and economic benefits while unlocking the full fair market value of your property. Equity in real estate is generally tied up until the property is sold, but selling it may result in capital gains taxes levied on you. The income tax deduction you earn through a charitable contribution of real property can help you avoid capital gains taxation–even if the property is producing income. Property sale proceeds, when placed in a charitable trust, may then be invested in high-yielding equities or annuities and protected by the trust from taxation.

Through a gift of property, you can:

• Convert property ownership into a substantial income-producing asset for your lifetime or the lifetime of someone special to you;
• Avoid capital gains tax that you would have to pay upon selling the property. 

You are invited to speak with us about these ways to give. For more information about Planned Giving opportunities, please contact Patrick O'Hara at (210) 567-5001 or Deborah Morrill at (210) 567-6395.