If you would like to establish your endowed scholarship with a gift that takes effect today, consider the giving options below — many of which have financial and personal benefits to you.
Recommend a Grant Now from Your Donor-Advised Fund
Memorial or Tribute Gift
When you establish a scholarship to honor someone special, you’re expressing your love, admiration and gratitude in a deeply meaningful way. Your gift will honor your loved one, create a lasting tribute and ensure generations of students are able to reach their fullest potential.
Gifts of Appreciated Securities
You can use stocks, bonds and mutual funds that have appreciated in value to establish your endowed scholarship. You may receive a charitable income tax deduction for the full market value of the security (up to a maximum of 30% of your adjusted gross income) and avoid paying capital gains tax.
If you have been considering a gift to support students, now is the time. You can double your impact through the Texas Challenge. Make a gift to create a scholarship endowment and it will be matched dollar-for-dollar to support high-potential Texas students from middle- and low-income families.
Qualified Charitable Distribution
You can transfer funds from your IRA directly to The University of Texas at Austin to establish your endowed scholarship. Here’s how it works:
- You must be 70 ½ or older.
- An individual may transfer up to a total of $105,000 per year and a married couple may give up to $210,000.
- An individual may take a one-time QCD up to $53,000 to fund a charitable gift annuity (CGA) or charitable remainder trust (CRT).
- Your gift must be transferred directly from the IRA account to The University of Texas at Austin.
- Your gift is a transfer of funds from your IRA to The University of Texas at Austin so it does not create taxable income for you.
- If you are 73 and older, the transfer of funds counts towards your annual Required Minimum Distribution from your IRA.
If you’re interested in this popular way to support UT students, download a sample letter for your IRA administrator here.
The Impact of Your Giving
You can help us meet the Challenge!
A gift of $125,000 made outright or as a multi-year pledge could fund an endowed scholarship that qualifies you for the Texas Challenge, where your gift will be matched dollar-for-dollar to support high-potential Texas students from middle- and low-income families.
You could establish an endowed undergraduate research scholarship.
See how this type of support allows students to gain global experiences, network with other researchers and pursue exciting opportunities.
Creative Ways to Make a Major Impact
Gifts That Cost You Nothing Now
Gifts That Pay You Income
Gifts That Reduce Your Taxes
Gifts That Make an Impact Now