T
hank you for your interest in making a charitable contribution to The Cheyney Foundation. With your support, we will continue to meet the needs of the Cheyney University of Pennsylvania.

How You Can Make Your Gift:

Cash/Check: A gift of cash is available immediately for the use of The Cheyney Foundation and is fully deductible for donors who itemize their federal income taxes. Contributions payable to The Cheyney Foundation should be sent to: The Cheyney Foundation, P O Box 845 Philadelphia, PA 19105, Attention: Irv Bailey.

Stocks/Securities: No matter what tax bracket you are in, making gifts with appreciated stock makes sense. Tax benefits for the donor who has owned appreciated stocks for more than one year are two-fold: capital gains tax is avoided upon transfer to the Foundation and the donor can receive an income tax charitable deduction for the full market value of the stock on the date of the gift. Depending on your tax bracket and the size of the gift, there may be an opportunity to carry over the charitable income tax deduction over several years.

Corporate Matching Gift: Many corporations match gifts to charitable institutions made by employees; some will match the gifts of employee spouses and retired employees as well. Please contact your Human Resources Department for more information.

Deferred Gift: A deferred gift will allow a donor to make a planned gift to The Cheyney Foundation over a period of years as you determine or as part of estate plans. Properly designed, it can generate a charitable income tax deduction. Your deferred gift can be designated for a specific purpose or provide unrestricted support for The Cheyney Foundation mission directed activities. These gifts are made in the form of trusts, bequests or endowments.

 

 

 

© 2007 The Cheyney Foundation