Ways to Give
The secret of our success and the key to our future growth comes, in part, from the internationally recognized faculty and the best and brightest medical students in the nation. Perhaps even more important are people like you—the generous donors and friends who make discovery and advancement possible. Philanthropic support of the University of Maryland School of Medicine offers a wonderful way to say thanks to a physician for a job well done or to advance research into sometimes devastating diseases. It is an opportunity to create an enduring legacy at an institution on the cutting edge of scientific discovery; support some of the most prominent and respected physicians, scientists and investigators in academic medicine; and train the next generation of physicians and medical scientists.
Private gifts to support the University of Maryland School of Medicine can be made in a variety of ways. Gifts may be made outright, pledged over a five-year period, or through planned giving. Over the years, many donors have discovered that planned gifts complement their personal financial and estate planning, while enabling them to make gifts larger than they thought possible.
The most common form of giving is as easy as writing a check payable to The University of Maryland Fund for Medicine. Gifts of cash offer the most generous federal income tax deductions available for charitable gifts (up to 50 percent of adjusted gross income in the year of the gift, with the excess deductions carried forward for up to five years).
If owned for more than one year, appreciated securities are deductible at full fair market value with no capital gains tax imposed. Whether it is that Coca-Cola stock that your family has owned for years or the stock owned in a rapidly appreciating market niche, appreciated securities enable you to make substantial gifts at a low after-tax cost. Gifts of appreciated securities are deductible up to 30 percent of adjusted gross income in the year of the gift, with any excess carried forward for up to five years. View more information on making a cash gift or call 1-(877) FUND-SOM.
Planned gifts help ensure the future of the School of Medicine, and speak to the thoughtful support of our alumni and friends. There are many ways in which a planned gift can benefit the donor as well as the institution. Sizable charitable deductions, favorable capital gains treatment, and guaranteed income for life are just a few examples of how a planned gift can be an attractive way to realize your charitable intent. These gifts are referred to as “planned,” because they often require help and guidance to complete.