Gifts of Cash and Pledges

Outright gifts — gifts of cash, securities or other property — provide Keene State with greatly needed financial support. Outright gifts immediately benefit KSC students, facilities and programs. Outright gifts may be made with a single donation or can be pledged over a period of years.

Gifts of cash, which are the most direct way to give to Keene State College, can be made directly or through a will - in which case there would be an estate tax savings. Cash gifts may be pledged for payment over a period of years. To be officially recorded, pledges should be made either in writing or by means of a pledge form. Gifts and pledge payments can be made using checks, money orders, or a credit card. The College accepts VISA and MasterCard.

Gifts of Securities

Save taxes twice! With a gift of appreciated securities (stocks and bonds) you receive an income tax deduction for the full fair market value of securities held for more than one year and also avoid capital gains on the appreciation.

Gifts of Personal Property

Keene State College typically accepts gifts of personal property such as — works of art, rare books, stamps, antiques, manuscripts and other forms. By donating such items during your lifetime you not only reduce your taxable estate, but also reduce your taxable income in the year of the gift.

In most cases, for a gift of tangible property, you are entitled to an income tax charitable deduction amounting to the property’s full, fair-market value - as documented by a third-party appraisal or receipt - provided the use of the object is directly related to Keene State’s tax-exempt functions.

For example, a painting given to the Thorne-Sagendorph Art Gallery for its permanent collection or a rare book on the Holocaust donated to the Center for Holocaust Studies is considered to be used for related purposes.

Because of the special consideration involved with gifts of personal property, please contact the Development Office for a consultation prior to finalizing your plans.

Gifts of Real Estate

Real estate can make a valuable gift to Keene State College: a primary residence, vacation home, farm, commercial building, or an undeveloped parcel of land.

As with gifts of appreciated stocks, bonds, mutual funds, and personal property, no capital gains tax is due when you donate appreciated real estate. You are entitled to an income tax deduction in the amount of the appraised value of the real estate, and you avoid estate taxes on the appreciated value.

Because of the special consideration involved with gifts of personal property, please contact the Development Office for a consultation prior to finalizing your plans.

For more information, contact the Development Office at 603-358-2372.