College of Natural Resources

Ways to Give


Cash

The most common way to make a gift is by check, which should be made payable to "The Virginia Tech Foundation, Inc." and mail to:

Office of University Development
201 Pack Building
Blacksburg, VA 24061

To insure that your gift is used as you wish, please include a note stating the designation.

If you would like to make a gift today, click here to go online or call (540) 231-5481 for questions or help.

Donors are more frequently using credit cards to make their gift. Some simply call in their donation; others specify that an automatic charge is to be made periodically. For more information, contact Jane Stringer at 1-800-533-1144, or jwstring@vt.edu.


Securities

The full market value of gifts of appreciated securities is tax deductible. Securities are recorded based on the mean market value of the stock on the date of gift, which is determined by the date the donor relinquishes control of the stock. Securities can be transferred directly from your brokerage account to the University's account.

For more information, contact the College of Natural Resources office at (540) 231-5481 or The Office of Investments and Debt Management online at  http://www.idm.vt.edu/gifts.html


Matching Gifts

One way to maximize your gift to Virginia Tech is to check with your employer's personnel department to see if it is one of the many companies that have a matching gift program. You can also click here for a free look-up of matching gift companies. By following your company's guidelines, the value of your gift may be doubled or tripled. Many companies make this benefit available to employees, employee spouses, retirees, and board members.

Donors to Virginia Tech receive 1872 Society credit for a company match, as do their companies. For more information, contact Renee Riffe by e-mail at crriffe@vt.edu or by phone at 1-800-533-1144.


Gifts-in-Kind

Gifts-in-kind are items of tangible personal property such as art, books, computer equipment, and automobiles. They are donated for related educational purposes and are recorded at their fair market value.


Real Estate

Real estate gifts can be a tax-wise way to support Virginia Tech since they can be donated without paying any capital gains taxes. Moreover, if a donor has held the property for more than one year, he or she can claim a tax deduction based on its fair market value -- even though it was purchased for only a fraction of that amount. (Property held less than one year also can be donated, qualifying for a deduction typically based on what the donor paid for it.)

There are a variety ways in which real estate can be donated. It can be used to make an outright gift, allowing an endowment, capital project, or other needs to be funded right away. It can be used to fund a life income gift, paying the donor, and perhaps others, an income stream for life with the remainder then being used to support Virginia Tech. Donors also can contribute a remainder interest in a residence or a farm; this enables them to make a gift to Virginia Tech today while still living in their house or on their farm for the rest of their lives.

While the requirements to make a real estate gift vary, depending on the type of gift being considered, they typically require at least three steps -- an appraisal of the property's value, an assessment of any environmental risks posed by the property, and the preparation of a deed that actually transfers the property.


Life Income/Planned Gift

A planned gift may enable you to satisfy personal financial planning needs in addition to providing the College with important, long-term support. Some plans may provide income for life (or a term of years), an immediate income tax charitable deduction, avoidance of capital gains tax, and professional asset management (if the University serves as trustee). If a gift is made through your will, you obtain significant estate tax benefits. Click here for more information on planned gifts.


Bequests

In writing your will or living trust, you can specify that you would like your estate to benefit the College of Natural Resources at Virginia Tech. Click here for more information on planned gifts.


Corporate and Foundation Relations

For more than 130 years, Virginia Tech has helped business, government, and organizations address complex problems and respond to new opportunities -- a heritage that places Virginia Tech among an elite group of the nation's higher education institutions. To better serve the community and educate future leaders, Virginia Tech has engaged in a long-term strategic planning process to address the academic, business, and societal challenges and opportunities of the 21st century.

The Office of Corporate and Foundation Relations builds, strengthens and enhances mutually beneficial partnerships between Virginia Tech and corporations and foundations worldwide. For information on some of our most successful partnerships and other information about corporate giving please click here for further information.

For more information on any of these giving options please contact the College of Natural Resources at Virginia Tech (540) 231-5481 or go online.

If you have questions concerning gifts, please click here.