Smiling WSU student in a doorm room.

Ways You Can Contribute to WSU

Alumni, parents, and friends can make gifts to Winona State University with many kinds of assets and in a variety of forms.  Options include cash, checks, credit card payments, gifts of stock, and other assets.  Please feel free to write or call the University Advancement Office for advice or details.

Your gift can have an even greater impact if your company has a Matching Gift program.  In some cases, your spouse’s company may match your gift.  Find out if your company will match your contribution.

The Winona State University Advancement staff would be happy to answer your gift questions. Please contact the Advancement Office at 507.457.5020 or wsufoundation@winona.edu

Gift of Cash

A majority of the gifts made to Winona State University come in the form of cash, via check, or credit card. A gift of cash entitles you to the most generous federal income tax deduction available for charitable contributions.  You may deduct up to 50 percent of your adjusted gross income for gifts of cash and may carry any amount over that figure forward for up to five additional years.

Checks may be made payable to Winona State University Foundation and mailed to the address below.

WSU Foundation
Winona State University
Somsen Hall 204
PO Box 5838
Winona, MN 55987

For payments by Visa or MasterCard please visit Give Now or complete the Gift Form and mail to address above.

Gift of Other Assets

Gifts to Winona State University can come in the form of other assets as well.  For example, you may wish to consider gifts of closely held stock, tangible personal property, or real estate.  See Planned Giving page for further information. 

Gift of Stock

A gift of appreciated securities that you have held for more than one year is frequently the most economical way to give.  You will be eligible to take a federal income tax deduction equal to the fair market value of the stock on the date of the gift and will not have to recognize the appreciation as capital gain.

Transferring stock is quick and easy, click here to find out how.

Example

You want to make a charitable gift of $10,000. The gift can be made with either cash or stock. Youra marginal federal income tax rate is 28 percent and is not subject to state or local income taxes. The stock's value is $10,000, with a cost basis of $4,000.

Cash Gift vs. Stock Gift

Type of gift

Cash

Stock

 Value of gift   $10,000   $10,000
 Cost basis   N/A   $4,000
Long-term capital gain if sold   N/A   $6,000
 Long-term capital gains tax eliminated              ($6,000 x 15% rate)   N/A   $900
 Income tax savings ($10,000 x 28% rate)   $2,800   $2,800
 Total tax savings (capital gains tax                   eliminated + income tax savings)   $2,800   $3,700
 Net cost of gift (value of gift - total tax             savings)   $7,200   $6,300

In this example, using the stock instead of writing a check saves an added $900. A higher federal tax bracket and any state or local income taxes would further improve results.

Make a Difference!

 

Connect With Us

 

Flickr