WAYS TO GIVE TO HOFSTRA UNIVERSITY

We have made giving to Hofstra University as convenient as possible for you. Please find all the necessary information below regarding various ways to give.

Gifts of Cash

Gifts of cash are the easiest and most direct way to give to Hofstra University and are tax-deductible to the extent permitted by law. Gifts of cash can be made on-line, by sending a check, or by calling the Development Office

• Make a credit card gift on-line by clicking here.
• Send a check (made out to Hofstra University)
• Contact The Office for Development at:
  101 Hofstra University
  Hempstead, NY 11550
  Telephone: (516) 463-5027
  E-mail

Matching Gifts

Many companies offer a matching gift program for their employees and retirees who make charitable contributions to nonprofit organizations. If you work for a matching gift company, you could double or even triple your gift to Hofstra University. Please check with your company's Human Resources Department to inquire about its matching gifts policy.

To submit for a matching gift, please enclose a matching gift form from your company with your donation. Complete the employee section of the form. Upon receipt of your gift and matching gift form, the University will complete the charitable section of the form and send your company the completed form for processing.

Your gift, along with the matching gift from your employer, is an excellent way to maximize your contribution to Hofstra. Click here to find out if you or your spouse works for a matching gift company.

For further information, please contact:
Gabrielle McCartin
Office for Development
101 Hofstra University
Hempstead, NY 11549-1010
Telephone: (516) 463-5116
Fax: (516) 463-4867
E-mail

Gifts of Securities

Marketable securities can be an attractive asset to contribute to Hofstra University. The donor who gives appreciated stock will usually avoid the capital gains tax on the stock's appreciation and will receive a charitable deduction based on the market value on the date the stock is received by the University. Appreciated gifts of stock must be held more than 12 months to qualify for long-term capital gains.

Bequests

No one is too young or too old to properly prepare for the transmittal of his or her property by means of a will. Aside from the benefits of being able to decide how your property may be distributed to your heirs, there are additional benefits:

• You may choose your executor. An executor gathers the assets of your estate and then distributes these assets according to your expressed wishes.
• You may reduce or completely eliminate estate and inheritance taxes by the directions of your will, and by charitable bequests.
• You may name guardians for your surviving minor children.
• You may establish trusts for surviving heirs, thereby protecting heirs who may not be able to manage money. Trusts also save heirs from the burden of financial responsibility.
• You may choose your own trustee. A trustee is an individual or organization experienced in handling money and legally qualified to do so.
• You may select that portion of your estate from which taxes due are to be paid.
• You may mention Hofstra University and other charities with which you have lifetime affiliations and interests in your will.

A Bequest To Hofstra University...

• May be an unrestricted outright gift for a use designated by the Trustees of Hofstra University. This type of bequest is most helpful.
• May be restricted as to form and use ... as to form: Hofstra University may be directed to use the income only or the principal as well. As to use: the University may be directed to establish professorships, scholarships or other funds. (Naturally, the fewer restrictions placed upon the bequest, the better).

Forms for Bequests...

A bequest is made by naming Hofstra University as a beneficiary in your will. The following are some examples for making a bequest:

General Bequest

I give, devise and bequeath to Hofstra University, a corporation existing under the laws of the State of New York and located in Hempstead, County of Nassau, State of New York, and its successors forever, the sum of ________ Dollars (or percent of estate) for the general purposes and uses of the University at the discretion of the Board of Trustees.

Endowment Bequest

I give, devise and bequeath to Hofstra University, a corporation existing under the laws of the State of New York in Hempstead, County of Nassau, State of New York, and its successors forever, the sum of ________ Dollars (or percent of estate) and direct that the income therefrom shall be used for the following purposes (here describe the desired use).

Codicil

An amendment to an existing will that may make changes or additions to the will. Please see your legal adviser with regards to any of these forms of bequests.

Gifts-in-Kind

Another method of contributing to Hofstra University is through our gift-in-kind program. A gift-in-kind is typically in the form of artwork, furniture, books, paintings or other property which you as the donor may give to the University and in return receive a charitable deduction for the value of the article. It is the responsibility of the donor to secure an official appraisal for the fair market value of the item to be donated.

Payroll Deduction

Hofstra faculty and staff can also make a gift through payroll deduction. Download the print-ready form by clicking here.

For further information on security gifts, bequests and gifts-in-kind, please contact:
Meredith Celentano
Office for Development
101 Hofstra University
Hempstead, NY 11549-1010
Telephone: (516) 463-6377
Fax: (516) 463-4867
E-mail