Montclair State University Foundation

MSU Foundation

Making a Gift

Making a Gift

Alumni and friends support Montclair State University through contributions to the MSU Foundation made in various ways. Gifts can be given outright, through a bequest or planned in a manner which will benefit both the donor and the University. Tax advantages of giving vary with individual circumstances and the type of gift a donor chooses to give. The Development staff of the University will be pleased to discuss gifts that can benefit Montclair State University, however, the Foundation urges donors to consult their personal tax and legal advisors in regard to all charitable gifts.

GUIDE FOR GIVING

GIFTS
The most common gifts the MSU Foundation receives are outright gifts. These are most frequently cash, but the Foundation also welcomes gifts of securities, real property, and personal property including works of art. Outright gifts to the MSU Foundation are tax deductible as allowed by law.

Planned gifts, also called deferred gifts, are arranged with the Foundation during a donor's lifetime, but the benefits to Montclair State University do not accrue until a later time, usually after the donor or the donor's beneficiaries are deceased. Bequests are the most common planned gifts; others include trusts, life income plans and gifts of life insurance.

MEMORIAL AND HONORARY GIFTS
A gift in memory or in honor of a friend or loved one is more than an expression of respect. There is no more meaningful way to honor a life than by a gift that continues to benefit others. Any gift, whether outright or planned, may be made in memory or in honor of someone. The Foundation will be glad to assist donors in choosing appropriate commemorations for any gift.

Families often request that memorial donations be sent to the MSU Foundation. Such a tribute is appropriate even in the absence of a public request. Unlike other gestures of sympathy, a memorial contribution lives on in service to other people. All memorial gifts are promptly acknowledged to the donors and the families are advised of each donor's name and address. The amount of the gift is not reported to the next of kin.

MATCHING GIFTS
Many corporations will match the gifts their employees make to Montclair State University. Donors seeking information about their employer's matching gift program should contact their human resources department.

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Montclair State University Foundation
One Normal Avenue
Montclair, NJ 07043
Tel: 973-655-4344 -- Fax: 973-655-7891
E-mail the MSU Foundation