Transferring securities, either stocks or bonds, allows you to make a gift to the university and receive a charitable deduction equal to the full fair market value. You also may avoid paying a capital gains tax on your charitable contribution.

Appreciated Securities

Minimize tax and maximize gift

Benefits

• Giving appreciated securities—stocks and bonds—can be tax efficient for the donor.
• If you make a gift of securities directly to Baylor, you will receive an income tax deduction—and gift credit with Baylor—for the full market value, without paying any capital gains tax.
• If you were to sell these securities before making the gift, you would have to pay tax on any capital gains.

How to

• If you own securities in a brokerage account, these shares can easily be electronically transferred to Baylor. Complete and return Baylor’s Stock Transfer Form.
• Please contact us for assistance if you own stock in certificate form.
• Closely held stock and other securities that are not publicly traded work best when there is a mechanism for Baylor to sell the gifted interest to other shareholders or the corporation itself. For these gifts, the donor must usually obtain an appraisal to claim a tax deduction. Contact us for assistance.

Gifts of Real Estate

We support all types of gifts

Gifts of real estate can have special benefits for both the donor and the recipient. You may give real estate as a current gift and receive a charitable deduction for the full fair market value of the gift. Gifts must meet certain criteria in order to be accepted by the university.

Outright Gifts

Benefits

• Receive a charitable income tax deduction for the full fair market value of the property.
• Avoid capital gains tax on any appreciation.
• Transfer to Baylor the burden and expense of managing and selling your property.
• Create a lasting legacy at Baylor with your gift.

Did you know?

• Property subject to a mortgage may not be suitable as a gift to Baylor due to tax and other considerations.
• Before accepting a gift of real estate, Baylor must conduct due diligence on the property, including assessment of marketability and environmental concerns.

How to

• Baylor’s Office of Gift Planning with the support of Baylor’s Office of Real Estate Services has all the resources and expertise needed to facilitate most real estate gifts.
• Please contact us for assistance.

Retained Life Estate

Benefits

• Transfer title to your personal residence now, while retaining the right to live in or use it for the rest of your life or another’s life. Upon the death(s) of the life tenant(s), title to the property vests in Baylor and any subsequent sale proceeds will be applied to the purpose you designate.
• You receive an immediate income tax deduction based on the fair market value less the present value of the retained life estate.

Did you know?

• If you move out of the donated property, you can still rent it and collect the rental income.
• While they are living, life tenants are responsible for property taxes, insurance, maintenance and upkeep, although they do not pay any rent to Baylor.
• Properties subject to a mortgage may not be appropriate for this type of gift.
• Before accepting a gift of real estate, Baylor must conduct due diligence on the property, including assessment of marketability and environmental concerns.

How to

• Please contact us for assistance.