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 firstname.lastname@example.org.
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.
Winona State University
Somsen Hall 204
PO Box 5838
Winona, MN 55987
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 the 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. Learn how to give stock to WSU electronically (PDF).
You want to make a charitable gift of $10,000. The gift can be made with either cash or stock. Your 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
|Value of gift||$10,000||$10,000|
|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.