Ways to Give
Below are some of the most common ways you can support Grace University develop servant leaders for the home, the church and the world. Grace University is a recognized 501(c)(3) charitable organization so most gifts are tax deductible.
Grace Fund (annual giving)
Ongoing, sustaining gifts that enable Grace University areas to embrace opportunities and meet challenges often made with outright gifts made via cash, check, credit card, or other means. Increasingly current gifts are made “online.”
Click here to donate online
Interested in helping Grace University with our mission? Consider a charitable bequest in your will or living trust. By including a bequest to the Grace University in your will or living trust, you are ensuring that we can continue our mission for years to come. Your gift also entitles your estate to an unlimited federal estate tax charitable deduction.
Grace University’s Bequest Language
An excellent way for you to support Grace University’s mission is to leave us a bequest in your will, living trust or with a codicil. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.
Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Grace University.
Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Grace University.
Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Grace University.
Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Grace University.
Please contact us if you have any questions about how to make a bequest to Grace University or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.
If you have included a bequest for Grace University in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.
Beneficiary Designation Gifts
Assets may be passed to designated beneficiaries (including Grace University) of IRA accounts, bank saving and checking accounts, certificates of deposit, life insurance policies. This is a very simple way to make a charitable contribution from your estate without changing your will or trust.
Gifts of marketable stocks or mutual fund shares that have appreciated (increased in value) can have an immediate impact on Grace University—and also create an immediate income tax deduction for you based on the assets’ current value. If you have appreciated stock, it is easy to make a gift to Grace University that will have favorable tax treatment. For example, a donor who gives a gift of stock held longer than one year avoids capital gains tax on the transfer. The donor is able to take a charitable deduction of the fair market value of the shares. Under current law, donors can deduct gifts of appreciated assets up to 30% of Adjusted Gross Income (AGI) in the year the gift is made. Any ‘excess’ over the 30% AGI ceiling is deductible over as many as the next five (5) tax years. Contact the University for specific trade account information.
It is possible to make a gift using shares of mutual funds — if you plan ahead. The benefits are similar to making a gift of appreciated securities, but the process generally takes a little longer. You should allow four to six weeks for the transaction to be processed. If you are planning on making a year-end gift we recommend you start the process as early as November.
A way to multiply your generosity through your employer’s matching gift program. If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift to this organization may be doubled or possibly tripled! Some companies match gifts made by retirees and/or spouses.
Honorary and Memorial Gifts
You can make a gift supporting any area of Grace University in memory or honor of a teacher, student, relative, or friend. Making an honorary or memorial gift is a generous and thoughtful way to recognize a person’s life and accomplishments.
When you make an honorary or memorial gift, Grace University will (if requested) notify the honoree or next of kin, and will administer the gift as you direct.
Honorary and memorial gifts may be made via Grace University’s online donation form:
Click here to donate online
Mel Friesen, Director of Planned Giving
1311 S. 9th St. Omaha, NE 68108
Phone: 402.490.4795 |email@example.com