WAYS TO GIVE TO HOFSTRA UNIVERSITY
Thank you for your interest in making a gift to Hofstra Athletics. Below are a variety of methods by which you can support the Pride. Please feel free to call the Athletic Development Office at (516) 463-1944 with any questions. Thank you again for your generous support.
Gifts of Cash
Gifts of cash are the easiest and most direct way to give to Hofstra University and are tax-deductible to under the 80/20 U.S. tax law. If you would like to receive a 100% deduction you can waive all benefits. Gifts of cash can be made on-line, by sending a check, or by calling the Athletic Development Office.
- Make a credit card gift on-line by
clicking here
- Send a check (made out to Hofstra University)
- Contact the Athletic Development Office at:
Hofstra Athletics Pride Club
David S. Mack Sports and Exhibition Complex
245 Hofstra University - Suite 207
Hempstead, New York 11549
(516) 463-1944
prideclub@hofstra.edu
Matching Gifts
Many companies offer a matching gift program for their employees and retirees who make charitable contributions to nonprofit organizations. If you work for a matching gift company, you could double or even triple your gift to Hofstra University. Please check with your company's Human Resources Department to inquire about its matching gifts policy.
To submit for a matching gift, please enclose a matching gift form from your company with your donation. Complete the employee section of the form. Upon receipt of your gift and matching gift form, the University will complete the charitable section of the form and send your company the completed form for processing.
Your gift, along with the matching gift from your employer, is an excellent way to maximize your contribution to Hofstra. Click here to find out if you or your spouse works for a matching gift company.
For further information, please contact:
Gabrielle McCartin
Office for Development
101 Hofstra University
Hempstead, NY 11549-1010
Telephone: (516) 463-5116
Fax: (516) 463-4867
Email:Gabrielle.A.McCartin@hofstra.edu
Gifts of Securities
Marketable securities can be an attractive asset to contribute to Hofstra University. The donor who gives appreciated stock will usually avoid the capital gains tax on the stock's appreciation and will receive a charitable deduction based on the market value on the date the stock is received by the University. Appreciated gifts of stock must be held more than 12 months to qualify for long-term capital gains.
Bequests
No one is too young or too old to properly prepare for the transmittal of his or her property by means of a will. Aside from the benefits of being able to decide how your property may be distributed to your heirs, there are additional benefits:
- You may choose your executor. An executor gathers the assets of your estate and then distributes these assets according to your expressed wishes.
- You may reduce or completely eliminate estate and inheritance taxes by the directions of your will, and by charitable bequests.
- You may name guardians for your surviving minor children.
- You may establish trusts for surviving heirs, thereby protecting heirs who may not be able to manage money. Trusts also save heirs from the burden of financial responsibility.
- You may choose your own trustee. A trustee is an individual or organization experienced in handling money and legally qualified to do so.
- You may select that portion of your estate from which taxes due are to be paid.
- You may mention Hofstra University and other charities with which you have lifetime affiliations and interests in your will.
A Bequest to Hofstra University...
-May be an unrestricted outright gift for a use designated by the Department of Athletics of Hofstra University. This type of bequest is most helpful.
- May be restricted as to form and use ... as to form: Hofstra University may be directed to use the income only or the principal as well. As to use: the University may be directed to establish coaching positions, capital needs, scholarships or other funds.
Gifts-in-Kind
Another method of contributing to Hofstra University is through our gift-in-kind program. A gift-in-kind (GIK) is typically in the form of services rendered for the athletics department or other property which you as the donor may give to the University and in return receive a charitable deduction for the value of the service. It is the responsibility of the donor to secure an official appraisal for the fair market value of the item to be donated. Examples of GIK are, furniture, a vehicle, printing services or gift certificates to area restaurants.
Payroll Deduction
Hofstra faculty and staff can also make a gift through payroll deduction. Download the print-ready form by clicking here.
For further information on security gifts, bequests and gifts-in-kind, please contact:
Hofstra Athletics Pride Club
David S. Mack Sports and Exhibition Complex
245 Hofstra University
Hempstead, New York 11549
(516) 463-1944
prideclub@hofstra.edu
