It is easy to become a financial contributor to Carlow University through an array of different options.
Visit Alumni & Friends to make an online gift or to connect with a member of Carlow University’s Advancement team to learn about the giving details below.
Note: Information found on this page is intended to provide general information and is not intended as legal advice, nor should it be replied upon as such.
Cash: Cash gifts are the easiest and most immediate way to contribute to Carlow University and can be made via cash, check or credit card. Recurring cash gifts allow you to give smaller amounts each month that add up to a larger total annual gift. One-time cash gifts could qualify for a charitable income tax deduction.
Stocks, savings bonds and mutual funds: Gifts of stock and other securities allow Carlow to sell the stock without paying taxes on the gain. A gift of stock entitles you to a tax deduction for the market value of the donated stock. If the stock has been held for more than one year, you can avoid capital gains tax on any appreciation of the stock by donating the stock prior to sale. Savings bonds and mutual funds can also be donated and can offer generous tax benefits to you.
Retirement IRA giving: The SECURE Act of 2019 permits IRA owners aged 72 or older to redirect their required minimum distribution to eligible charities (501(c)(3) corporations) such as Carlow University. Donors can make tax-free charitable gifts totaling up to $100,000 per year from their IRAs. Charitable distributions from an IRA may be used to satisfy the annual required minimum distribution, help to lower one’s tax bracket and possibly lower Medicare payments.
Matching corporate gifts: Alumni, spouses of alumni and friends support the University through participation in their respective employee matching gift programs, which can double or triple an individual’s gift to Carlow. Donors and spouses should check with their company’s human resources office for details.
Planned giving: This type of giving can include gifts of stocks, savings bonds, mutual funds, real estate, retirement assets, cash or insurance. They can be given via a bequest, an IRA rollover, beneficiary designation or various trusts, including charitable gift annuity trust, charitable remainder unitrust, charitable remainder annuity trust, charitable lead trust and wealth replacement trust.