Gifts to the College Of Business Administration - The Campaign for Cal Poly Pomona
There are numerous ways to enhance the Cal Poly Pomona College of Business Administration experience. To encourage people to support organizations such as the university, donors receive generous tax breaks and savings opportunities. All gifts to the College of Business Administration directly benefit its students and programs. Gifts may be designated to individual departments, scholarships, facilities or endowments. Please click here to make a gift to the College of Business Administration.
There are many ways to contribute to the College of Business Administration. For more information about how the following options can be used to support the College of Business Administration and its important mission, contact Jeff Cox at (909)869-2755 or email@example.com.
An outright gift is just as its name implies: a gift transferred immediately from you to benfit Cal Poly Pomona. This includes cash, pledges, securities, gifts-in-kind, real estate and matching gifts.
Cash and Pledges
Cash is often the most convenient and easiest form of giving. A majority of Cal Poly Pomona's alumni and friends make gifts by writing a check to the Cal Poly Pomona Foundation or using a credit card online. Pledges made during the comprehensive campaign enable you to plan a gift that is both convenient and tax-wise. A pledge allows you to consider a more significant gift and is payable over five years.
Securities and Non-Cash Assets
Securities may be contributed to the College as outright gifts or as a pledge payment. When you make a gift of long-term appreciated securities (stocks, bonds, or mutual funds that have grown in value), your income tax deductions is equal to the current fair market value of the securities, and you may avoid capital gains taxes on the transfer. Non-cash assets include life insurance, collectibles or other securities.
The College accepts gifts of items or service (food and beverage, computer equipment, air travel, etc.) that would normally be purchased to reduce expenses and are always appreciated! Subject to University approval and IRS regulations, the value of the contribution is credited as your gift to the university.
Real estate can be contributed as an outright gift or a gift through your estate. It also may be given to fund a deferred gift such as a charitable remainder trust. Other gifting options allow for continued use of the property for your lifetime or for lifetime income. Any gifts of real estate, including your residence, farm, undeveloped land, vacation home or commercial property should be discussed with legal or financial representatives.
Deferred or Planned Gift Options
Deferred giving enables donors to arrange chairtable contriutions in a manner that maximizes your personal objectives and financial goals. Many plans provide flexibility during your lifetime, even thugh Cal Poly Pomona and the College of Business will not realize the benefit until dometime in the future. The most common types of deferred plans are bequests, retirement plan designations, chairtable remainder trusts and chairtable gift annuities. For detailed information on the many available options, please visit the following link to our planned giving website. Bequest
Bequests naming Cal Poly Pomona Foundation in a will or living trust are the easiest and most popular deferred gift plans used by alumni and friends. Donors may name the Cal Poly Pomona Foundation as a percentage beneficiary, for a specific dollar amount or specific assets. or as a residual or contingent recipient. Your assets can be designated to support the College or purposes you have documented.
Many employers will match charitable contributions made by their current or retired employees. This is an easy way to double or even triple your gift. To find out if you or your spouse’s company has a matching gift policy, contact your human resources or personnel department, or you may click here to search for your company in the matching gift database. If your company is eligible, please fill out the matching gift form from your employer, and send it completed and signed with your gift. We will do the rest.
Retirement Plan Designations
Retirement accounts often are exposed to income and estate taxes, which may be avoided or reduced through a deferred gift. Naming the Cal Poly Pomona Foundation as a beneficiary of your retirement account can provide a meaningful gift for Cal Poly Pomona and produce significant tax savings for you and your heirs.
Charitable Remainder Trust
A charitable trust to benefit Cal Poly Pomona is established when you transfer assests (cash, securities or real estate) to a trust and the assets are then invested to pay an annual, lifetime or term-of-years income to you or other beneficiaries. When the trust matures, the remaining trust assets are distributed by the trustee according to your wishes. A wide variety of charitable trusts are available to meet your individual needs.
Gifts of Business Interests
Many of Cal Poly Pomona's most successful supporters consider gifts of business interest, such as closely held stock, S-Corporation stock, LLC interests and shares of professional corporations. These most sophisticated giving methods require careful planning and coordination with a donor's tax and financial advisors.
A paid-up life insurance policy makes an effective charitable gift. Many people own life insurance policies they no longer need. Cal Poly Pomona can take a policy’s cash value or retain the policy for its death benefit. To receive a current income tax deduction, the Cal Poly Pomona Foundation must be named as owner and beneficiary of this type of policy.
The College of Business Administration has a variety of naming opportunities. You may choose to name an area, program, scholarship, or endowed chair after yourself, your company or a loved one.