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Definitions (26)
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annual fund
A campaign that strives to raise unrestricted gifts. Unrestricted money is utilized to benefit student financial aid, technological improvements, excellent faculty and many other college needs.
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annual gifts
Gifts generally expended during the year in which they are received.
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annuity
A sum of money payable yearly or at other regular intervals.
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beneficiary
An individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan.
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bequest
The process of giving assets to a beneficiary through a will or revocable trust.
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capital campaign
An organized, intensive fundraising effort on the part of an institution or organization to secure extraordinary gifts and pledges for a specific purpose during a specified period of time.
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cash
Your outright gift of cash, either in full or on a pledge payment plan, will provide you with an income tax deduction based on current tax laws and the amount of your income. Please make your check pa [..]
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charitable gift annuity
An arrangement whereby the donor makes a gift to charity and receives back a guaranteed lifetime (or joint lifetime) income based on the age(s) or the annuitant(s).
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deferred gift
A gift that is committed to a charitable organization but is not available for use until some future time, usually the death of the donor.
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designated gifts
Gifts allocated to a specific department, program or scholarship.
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