How to Give
About the Emily K. Center

Please contact us on 919 680 0308 for more information about the many ways to give to the Emily Krzyzewski Center.

Online
Checks (Cash)
Corporate Matching Gifts
Gifts of Securities – Stocks, Bonds and Mutual Funds
Gifts of Real Estate
Memorial or Tribute Gifts
Gifts in Kind
Planned Giving
Annual Fund and Giving Societies
Distinguished Donor Giving Societies


Online
Make your gift online using our secure connection to Google Checkout.


Checks (Cash)
Checks should be made payable to "Emily Krzyzewski Center.” Please mail your gift to the following address:

Emily Krzyzewski Center
Attn: Development Director
904 W. Chapel Hill Street
Durham, NC 27701
919-680-0308

You may further designate your gift to a specific area or purpose, or leave your gift unrestricted in support of the Annual Fund.

It is also possible to wire transfer cash directly to the Emily Krzyzewski Center. Please contact us on 919 680 0308 for more information on these types of transactions.

Check with your employer to see if they match charitable contributions.


Corporate Matching Gifts
You may be able to multiply the value of your gift by participating in a corporate matching gift program. Many companies and institutions match charitable gifts made by employees (or joint gifts with their spouses), retirees or board members. Outright gifts and the deduction value of irrevocable deferred gifts may also qualify for a match.


Gifts of Securities – Stocks, Bonds and Mutual Funds
For more information about how to make the following gifts, please contact us on 919 380 0308.

Increasing numbers of donors are making gifts to the Emily Krzyzewski Center using appreciated securities – including publicly-traded and privately-held stock and mutual funds. The attraction of this method of giving is that the donor is entitled to claim a charitable deduction for the full fair market value of appreciated securities held longer than one year, and is able to avoid paying the capital gains tax that would be due if the donor sold the securities. Securities held less than one year also may be donated, but the deduction is limited to the lesser of cost basis or market value.

Transferring securities to the Emily Krzyzewski Center
You or your broker should contact us on 919 680 0308 for security transfer instructions and brokerage account information.

Deduction
For gifts of publicly traded securities, the deduction is determined by taking the average, or mean, between the high and low trading prices of the security on the date of the gift (or the nearest trading date(s)).

Other securities
Closely held stock, Subchapter S corporate stock, limited liability company interests and partnerships can sometimes be used to make a charitable gift. Any proposed gift of such assets should be reviewed with the Emily Krzyzewski Center and the donor’s tax advisors in advance. An S corporation, limited liability company or partnership may also donate specific assets and the deduction will be divided among the shareholders or members.


Gifts of Real Estate
Gifts of appreciated homes, farms and other real property can receive the same tax treatment as gifts of securities – a full, fair-market value deduction and no tax on the capital gain. If debt-free property is donated to the Emily Krzyzewski Center, the gift is deductible at the property's appraised value. It is sometimes possible to donate a partial interest in property, such as a percentage of ownership or mineral rights.


Memorial or Tribute Gifts
Any gift may be designated in memory or honor of a friend, family member or other person.


Gifts in Kind
Another method of support is gifts of tangible personal property. If a gift is related to the charitable purpose of the Emily Krzyzewski Center, which is generally very broad for educational institutions, the donor may be eligible for a deduction of the asset's full fair market value. Examples of gifts-in-kind include: artwork, furnishings, and computer software or hardware.


Planned Giving
Although outright gifts provide vital resources for the university today, deferred gifts help ensure the Emily Krzyzewski Center’s future. Giving through estate plans or life income gifts may be particularly suitable for individuals who would like to provide significant support to the Center but need income from their assets during their lifetime.

For more information, please contact us at 919 680 0308.

Bequests by Will or Revocable "Living" Trust
The most common form of deferred or planned gift to support the Center is a bequest contained in a person’s will or revocable ("living") trust. The following language is an example of how such a bequest might be worded:

"I give, devise and bequeath to the Emily Krzyzewski Center, a qualified 501(c)(3) charitable organization located in Durham, North Carolina, _____ percent of my residual estate (or a specific bequest of $__________, or other personal or real property appropriately described)."

Life Income Gifts
Donors may receive numerous tax and financial benefits by creating a "life income gift," such as a charitable gift annuity or charitable remainder trust. The donor makes an irrevocable contribution of assets to fund the trust or annuity, gets an immediate income tax deduction for part of the contribution’s value, and receives income for life or a term of between 1 – 20 years. When the trust or annuity term ends, the remaining assets can be directed to support programs at the Emily Krzyzewski Center.

Charitable Lead Trusts
A charitable lead trust can make an agreed payment to the Emily Krzyzewski Center for a specific term of years or for someone's life. Thereafter, the lead trust assets are either (a) returned to the person who created the lead trust; this person also receives an income tax deduction when the trust is created or (b) passed on to children, grandchildren or other loved ones and applicable estate or gift taxes on the value of the gift to the child or other heir are reduced or completely eliminated.

Gifts of Life Insurance
A donor can name the Emily Krzyzewski Center as a primary or contingent beneficiary of a life insurance policy. If the donor retains any control over the policy, no income tax deduction is allowed. However, if the Center is named both the sole owner and the beneficiary of a paid up policy, the donor may receive an immediate charitable deduction for the lesser of the policy’s fair market value or the net premiums paid and additional premiums paid by the donor may also be tax deductible.

Gifts of Retirement Plans
Naming the Emily Krzyzewski Center as a primary or contingent (after a spouse) beneficiary of a private pension fund (e.g. IRA, SEP, 401(k)) can result in a “tax wise” testamentary gift because these assets do not receive favorable tax treatment at their owner’s death. In some cases, it is best to divide one retirement account into two separate accounts – one for the spouse and one for the Center. Your retirement account's plan administrator can help you designate the Emily Krzyzewski Center as a beneficiary on the plan’s "Beneficiary Designation" form (please forward a copy of such document to the Emily Krzyzewski Center at fax number 919 680 0309).

Retained Life Estate You may generate a current income tax deduction by giving a home or farm to The Emily K Center, while retaining the right to use the property during your lifetime. The property will also be removed from your taxable estate.

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