When you make a gift to the Ashbrook Center, you have tremendous flexibility in determining how the funds will be used, as well as many options for making your gift.
Unrestricted gifts are among the most valuable to Ashbrook, because they allow the Center to allocate funds wherever the need is greatest, and to take advantage of unique opportunities as they arise.
Directed gifts allow you to designate your gift to a specific program or scholarship.
You also have the option of designating your gift for current use or for endowment. Current-use gifts provide funds and flexibility over the short term, whereas endowment gifts provide security over the long term.
Types of Gifts
When you make an outright gift to the Ashbrook Center, your contribution can be put to work immediately. An outright gift may be composed of almost any asset of value:
- Cash gifts — the simplest and easiest gifts you can make — can be made through credit/debit card transactions, outright cash, or personal checks, cashier’s checks, or money orders made payable to the Ashbrook Center.
- Gifts of appreciated securities, stocks, and bonds also provide considerable tax advantages when transferred to Ashbrook before they are sold. If you have held your securities for more than one year, you may find that your gift will provide a twofold tax benefit, creating an income-tax deduction as well as helping avoid the capital-gains tax that would have been due on their sale.
If you wish to transfer stock or other marketable securities, please contact Paul Olivett.
- Gifts of real estate — including personal residences, second homes, income property, and vacant land — offer a wide variety of tax and other benefits.
- Gifts of personal property — including rare books, works of art, valuable collectibles, and tangible items of demonstrable value — in some cases may enable you to make a significant gift to support the Center with outstanding tax benefits to you. Likewise, gifts of intangible personal property, such as copyrights, patents, and mineral rights, can generate income for the program of your choice on a continuing basis.
Bequests and Planned Gifts
A bequest can be made to Ashbrook by including the following language in your will or estate planning document:
I give to the Ashbrook Center at Ashland University, a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio, the sum of $______ (or ____% of my estate; or the property described herein) for its general purposes.
To learn about other planned gift options, please contact Paul Olivett.
The Ashbrook Center welcomes your gift through a pledge — a formal statement of intention to make a gift to the Center. With a pledge, you may complete your gift by making regular payments over time, allowing you to give more generously than you originally may have considered. What is more, each payment on your pledge is eligible for an income-tax charitable deduction.