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How to Make a Gift
to Naropa University
To make a gift to Naropa University, please choose from the options below. Thank you in advance for your generosity.
Cash
Direct cash gifts are the most common form of giving and can be unrestricted or designated for a specific project, program or department. Cash gifts may be made outright or used to fund a life income vehicle; they are tax-deductible to the full extent permitted by law.
Securities
Outright gifts of appreciated securities (stocks, bonds, mutual fund shares) are tax deductible at full fair-market value if the donor has owned the asset for at least twelve months. To avoid capital gains taxes, you must provide the securities themselves, not the proceeds from their sale.
Gifts of closely held stock (usually stock in a family-owned business) also carry benefits for the donor. The stock must have been held for at least twelve months for you to claim a charitable deduction at full fair market value. If the deduction exceeds $10,000, a qualified appraisal is required for tax purposes.
For detailed guidelines on gifts of securities, please call the Advancement Office at 303-546-3595. Click Here for more details.
Real Estate
Gifts of residences, including vacation homes and farms, allow the donor to take a tax deduction, avoid capital gains taxes, retain lifetime occupancy for herself or himself and/or another person—and provide support for Naropa. To qualify for tax benefits, you must have owned the property for at least twelve months before giving it to Naropa. The gift may be an entire piece of property or an undivided fractional interest in it. Each proposed gift of real estate is evaluated on a case-by-case basis. If the university cannot use the property, it will be sold and the proceeds added to the endowment. The owner must obtain a qualified appraisal for tax purposes.
Personal Property
Gifts of tangible personal property, such as art, jewelry, antiques, rare books, gold or silver, offer the donor an immediate tax deduction; the amount depends on whether or not the gift is related to the university’s educational purpose. Other gifts of property might not offer the donor the same tax advantage, but do benefit Naropa through the proceeds from their sale. Gifts related to our educational mission generate a tax deduction for the full market value of the object as determined by a qualified independent appraiser. The donor must provide Naropa with a stated or appraised value for all gifts of property. Naropa cannot estimate or appraise any gifts of property.
Matching Gifts
More than one thousand corporations, foundations and other organizations will match their employees’ charitable contributions either dollar-for-dollar, or at a ratio of 2-to-1, 3-to-1, or even 4-to-1.
Other Assets
Please contact the Advancement Office at 303-546-3595 or via email to discuss other means of supporting Naropa University.
Make a Gift to Naropa now!
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