|
Frequently Asked Questions
Making a Gift
Recognition for Your Gift
Types of Gifts
Making an Impact
Making a Gift:
How can I give?
However you like. Gifts can be made in cash, securities or even property transfers. Temple University accepts Visa, MasterCard, American Express and Discover Card, which you can use to make your gift online. You also can download and mail our printable gift form (PDF) or call 215.926-2500.
How can I maximize my gift to Temple?
Double your gift through your or your partner/spouse's employer! Many companies offer matching gift programs. Use our matching gift search to see if your employer offers a matching gift program. Then, mail your employer's matching gift form to:
Temple University
Institutional Advancement
TASB
1852 N. 10th Street
Philadelphia, PA 19122
How can I make a gift in installments?
If you would like to make a gift using easy monthly or yearly installments (up to five years), please contact us at 215-926-2500. We’ll be happy to set up a payment plan that works for you.
Is my gift tax-deductible?
Yes, your gift is 100 percent tax-deductible as allowed by law. Please consult with your tax adviser for details. Once we receive your gift, you will receive a receipt verifying that your gift has been deposited into the designation you have specified.
Where does my money go?
Wherever you choose. You may designate your gifts to an individual school or college, Temple Athletics, Temple University Libraries or unrestricted university use. You also may specify a particular program, department, major or center that is meaningful to you.
On the drop-down menus on our secure giving site, you will find a variety of designations across the university and within each school and college, or you may choose to write in another designation in the “Other” box.
Can I make a gift in honor or in memory of a loved one?
Making a charitable contribution in another individual’s name is an excellent way to pay tribute to that person’s life and accomplishments. You may make a gift in honor or in memory of a special person in your life through our secure giving site. If you choose, Temple will send a notice of your gift to that individual or their family. When you have completed your donation, you will receive an e-mail with further instructions on sending a gift acknowledgment letter.
Recognition for Your Gift:
How will my gift be acknowledged?
Every gift, no matter the size, makes a difference at Temple! All donors will receive a tax receipt in the mail. In addition, we have established these giving levels to recognize our most generous alumni and friends:
Russell H. Conwell Society
Trustees' Circle $100,000 and above
Founder’s Club $50,000 to $99,999
President’s Council $25,000 to $49,999
Fellows $10,000 to $24,999
Benefactors $5,000 to $9,999
Friends $2,500 to $4,999
Members $1,000 to $2,499
Young Alumni (0-10 years since graduation) $500 or more
Conwell Society members receive leadership publications and invitations to special Temple events throughout the year.
Types of Gifts:
What are Annual Campaigns?
Each school and college at Temple University depends on yearly gifts to its annual fund. These vital, unrestricted dollars provide us with the financial flexibility necessary to expand our commitments to excellence in education and research. Deans use these important resources to support teaching, research and scholarship priorities at their schools and colleges.
In order for your gift to count for this year, the university must receive your support by June 30, the end of our fiscal year.
If you have questions about Annual Campaigns or would like more information on where your annual gift goes, please contact Nicole Steiner at 215-926-2543 or nicole.steiner@temple.edu.
What is endowment, and how does it work?
Endowment is the permanent capital of a university. Endowment refers to assets that are invested in perpetuity, unlike expendable funds, which are typically used for immediate needs. While the endowment principal remains intact, annually a portion of the dividend income is made available to the university. By building the endowment, Temple has a greater ability to pay for its operating expenses and added financial stability. A larger endowment provides the university with greater flexibility in launching new projects or initiatives as well as in providing greater support to faculty and students.
A common misconception about a university’s endowment is that it is one “pot” of money with which the university can do what it wishes. Endowments are composed of many separate funds, which are managed as a pool of assets. Donors set stipulations for funds and for what purpose the income may be spent.
If you are interested in setting up an endowment to establish a scholarship, to fund a particular program or center or to support any area of the university meaningful to you, please contact Jeffrey Miller at 215-926-2546 or jeffrey.miller@temple.edu.
What is planned giving?
Through gift annuities, trusts and estate arrangements, planned giving strikes a balance between addressing your financial needs and enabling you to leave a powerful legacy at Temple University. Planned giving options often allow you to receive a secure income while benefiting the university as well. Planned giving also includes leaving a legacy at Temple through your will or bequest.
For more information on planned giving, visit plannedgiving.temple.edu or contact Philip O’Connell at 215-926-2545 or oconnell@temple.edu.
Making an Impact
Why does Temple need my support?
Tuition and state funds alone do not cover the cost of higher education. In fact, only a portion of the money required to educate Temple students is covered by these sources. The difference is made up by private gifts from dedicated alumni and friends like you.
Does my gift make a difference?
Absolutely! Your gift, whatever the size, is a vote of confidence in Temple and encourages others to give. Every gift enables Temple to do even more for our students. Your participation helps make outstanding programs and services available to current students. Higher participation rates also enhance the university's reputation and the value of the degrees it confers. When you invest in Temple, you make a statement to publications such as U.S.News & World Report, as well as corporations and foundations, that Temple is a high-caliber research institution worthy of their support.
|