Cash Contributions
This is the most frequently used form of giving. Cash gifts have the advantage of providing immediate benefits to the institution. The actual cost to the donor may be reduced by tax savings achieved through a charitable contribution deduction.
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"The care at UAB was superb. I came away from the hospital saying, 'They have to be absolutely the best.' Then, I met some people, knowledgeable friends from other parts of the world, who said, 'You're right; they are the best.'" -Lord Piers Wedgwood
A golf outing at a Birmingham club ended suddenly on the 10th hole for Lord Piers Wedgwood and introduced him to the internationally renowned cardiovascular services at UAB Hospital. Soon after, UAB surgeon David McGriffin, M.D., performed a quadruple bypass on the 46 year-old lord, board member and international spokesman for the famed ceramics company Waterford Wedgwood, PLC.
"I support UAB wholeheartedly," says Wedgwood of Barlaston, England. "I received simply excellent care. As I travel, I tell friends throughout England and the UK about UAB's University Hospital and the excellent medical treatment I received. They now know all about the people at UAB and the lifesaving care they provide."
Pledges
UAB is pleased to receive pledges payable over a period of up to five years. Pledges may be paid in equal or varying amounts, according to the donor’s wishes or convenience.
Appreciated Marketable Securities
Giving appreciated securities may have special tax advantages. Within limitations, the donor may avoid the capital gains tax and be eligible for a charitable deduction for the full market value of such securities at the time of the gift. Contributions in excess of the limitations may be eligible for carryover to future tax years.
Real Estate or Personal Property
Gifts of real estate and other personal property generally have the advantages described for gifts or securities, provided the property is a long-term capital asset in the hands of the donor. The donor’s qualified appraiser must determine fair market value for income tax purposes.