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Ways to Give
Awards and Scholarships at ACP
Cash Gifts
Cash gifts are the most common form of giving and are as easy as writing a check to the College. You may also charge your gift to your MasterCard or VISA account. Your gift is tax-deductible and is immediately available to support the important work of the College.
This is our newest and most accessible giving option. We encourage you to use
this service because of its convenience --your gift can be immediate, but donors can set up periodic payments as well.
Matching Gifts
More than 6,000 companies, subsidiaries, and corporate foundations currently match their employees' gifts to charitable organizations, such as Albany College of Pharmacy. In this way, it is possible to double or even triple, the value of your gift.
Gifts of Appreciated Securities
If you own long-term securities that have appreciated in value, you may contribute securities rather than cash. This way, you can avoid paying capital gains tax that would be due if you sold the securities. You can also take a tax deduction for the current fair market value of the securities given.
If you are making a stock donation, contact either David Zdunczyk at (518) 857-6926 or Vicki DiLorenzo at (518) 788-1964.
Your financial advisor or broker will need to know that the Albany College of Pharmacy Donation Account is with Merrill Lynch in Albany, N.Y where Derek Nolan, reachable at (518) 462-8331, is our broker. Please allow a number of business days for your transaction(s).
Gifts Through Bequests
Your will is a meaningful way to make a charitable gift of lasting value to the College. Through a bequest provision, you can designate a specific amount of money, a percentage of your estate, or the remainder of your estate after other bequests are satisfied.
Gifts Through Trusts
You can arrange to make a gift at a later time, through agreements such as Charitable Remainder Trusts or Charitable Lead Trusts. Remainder Trusts provide tax benefits and income for life in return for your contribution. Lead Trusts allow property or assets to remain in your family, with reduced taxes, while the income from them supports the College for a specified period of time.
Gifts Through
Charitable Gift Annuities
A charitable gift annuity is a life income agreement between a donor and the College. In exchange for your gift, you receive fixed payments for your lifetime, and/or the lifetime of another person. You are entitled to a partial tax deduction in the year of the gift, and a portion of each payment is tax-free for a period of years as well.
Gifts of Life Insurance
Life insurance may be an especially attractive gift vehicle if you own a policy that is no longer needed for its original purpose. In addition, those who qualify for low-cost premiums may find it more affordable and convenient to plan a significant gift to the College using life insurance.
Gifts of Personal
Property
You can make a gift of personal property, such as art, equipment or collections. A tax deduction is allowed for the full fair market value (as determined by a professional appraisal provided by the donor), if the object is long-term gain property and its use is related to our tax-exempt mission.
Albany College of Pharmacy is a registered 501 (c) 3 not-for-profit institution. The College's Federal Tax Identification No. is 14-1423161.