End of Year Giving Information

In order to aid our alumni and friends during this season of giving, we have put together the below information.

NOTE: The College of Pharmacy Development office will be closed December 22-January 2. Please support UT Austin during this season of giving and make a gift now.  To qualify for a 2016 tax deduction, make your gift online by 11:30 pm CST on December 31, 2016.  If you would rather speak with a representative, call toll-free 1-800-687-4602 no later than 3 pm CST on December 30, 2016.

 

What Determines the Receipt Date?

The IRS bases its rules on the point of no return for a gift, therefore:

Mailed Checks – the postmark determines the date of the gift

Fed Ex, UPS or other carrier — when the package is signed and accepted

Credit cards — when the card is processed (We do not recommend donors sending in credit card information through the mail as they will not be processed until 2017) If you choose to use a credit card, please give through the online giving page.

Online Giving

Online giving should be completed no later than 12 p.m. CST on December 31, 2016, or call toll-free 1 (800) 687-4602 before 3 p.m. CST on December 30, 2016 with your credit card information.

Stock Gifts and Planned Giving 

The UT Austin Gift and Estate Planning office can be contacted at (512) 475-9632 or giftplan@www.utexas.edu.

The UT System Office of Development and Gift Planning Services is responsible for all securities transfers and can be reached by contacting their main number at (512) 499-4300.

Stock Gifts

Charlotte Hambrick (512-499-4346) (chambrick@utsystem.edu) and Jean Bennett(512-579-5142) (jbennett@utsystem.edu) are the primary contacts at UT System for security transfers benefiting UT Austin. In the event they are not available, please call the main line at (512) 499-4300 and your call will be directed to another staff member. *If at all possible, you should initiate the electronic transfer of stock no later than noon CST on December 15 to allow their brokerage firm sufficient time to complete the transfer to UT System before year-end to qualify for a 2016 income tax charitable deduction.

For a gift involving a physical stock certificate, it is recommended that the stock certificate be mailed using registered, insured U.S. mail with a properly endorsed stock power mailed in a separate registered envelope and postmarked no later than December 31, 2016.  Stock certificates and stock powers may be mailed to:

The University of Texas System
Attn:  Office of Development and Gift Planning Services
210 West 6th Street, Room 1.200
Austin, TX  78701
Phone:  (512) 499-4300

Stock certificates along with the stock power may also be hand-delivered by noon CST on or before December 30 to:

University Development Office
2901 North IH 35, Suite 4.100
Austin, TX  78722

Overnight deliveries of stock certificates and stock powers must be received at either of the above addresses by 12:00 noon CST on December 30.

Mutual Fund Gifts

For mutual fund shares held at a mutual fund company or for securities held at the company or other entity which requires that a new account be opened there in our name to complete the transfer, you should contact Charlotte Hambrick (512) 499-4346 at UT System for assistance as early as possible.  It is recommended that such transfers be initiated no later than December 10, if possible, to ensure a timely transfer prior to year-end.

Planned Gifts

Office of Gift and Estate Planning should be contacted at (512) 475-9632 or giftplan@www.utexas.edu for questions regarding IRA gifts, estate language, gift annuities, charitable trusts, etc. They will provide stock transfer instructions for any UT Foundation gifts (i.e. stocks used to fund gift annuities).  It is recommended that any gift annuities be initiated no later than December 15.

 

Thank you for supporting the College of Pharmacy. We are truly thankful for alumni and friends like you.