Ways of Giving
Gifts to the University of Maryland School of Medicine may be made with many kinds of assets in varied forms. Gifts may be made outright or pledged over a five-year period.
Cash
• Most generous federal income tax deduction available
• Deduction can be up to 50 percent of adjusted income
• Can be deducted in the year the gift is made with excess carried
forward for up to five additional years
Marketable Securities
• Deductible at full fair market value, if owned for more than one year
• No capital gains tax imposed
• Deductible up to 30 percent of adjusted gross income in the year the gift of the gift, with any excess carried forward for the next five years
Planned Gifts
Over the years, donors have discovered that planned gifts complement their
personal financial planning, while enabling them to make substantial gifts to the
University of Maryland School of Medicine through:
Bequests
Life insurance
Appreciated stock and personal property
Appreciated real estate
Charitable gift annuities
Charitable trusts: remainder and lead trusts
For more information about donations to the School of Medicine, contact Garvin S. Maffett, EdD, Associate Dean for Development, 410-706-8503 or gmaffett@som.umaryland.edu.
For information about making a gift to the University of Maryland School of Medicine, please contact:
Garvin S. Maffett, EdD
Associate Dean,
Development
gmaffett@som.umaryland.edu
University of Maryland
School of Medicine
Development Office
655 W. Baltimore St., Suite 14-002
Baltimore, MD 21201
Phone: 410-706-8503
Fax: 410-706-2995
Advances is published by the
School of Medicine’s
Offices of Development
and Public Affairs.
Executive Editor: Jennifer B. Litchman
Design: Concept Foundry
Contributing Writer: Ruth Thaler-Carter