Gifts That Reduce Your Taxes

You can make a world-class education possible for students from all walks of life at The University of Texas at Austin. What’s more, you can also enjoy tax benefits from these gifts now, or you can establish a future gift that will pass tax benefits along to your loved ones.

Gift of Cash

Cash is the simplest asset to donate and the quickest way to establish your endowed scholarship. If you want to further our work today and claim the entire amount of your gift as a charitable income tax deduction, consider a gift of cash. Make your gift online, via a check or money order, or with a wire transfer.

Stocks & Other Securities

When you give securities (stocks, bonds, mutual funds), you may be eligible for a double tax benefit:

1) You receive an income tax deduction for the full, current, fair market value of the assets and 2) you may completely avoid capital gains tax on the appreciation of the assets. This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. 

Savings Bonds

When you redeem savings bonds, you will owe income tax on the appreciation. So will the person who inherits them. You can eliminate the income tax on bonds you plan to redeem by donating them to The University of Texas at Austin. Because UT is tax-exempt, one hundred percent of your gift of savings bonds will go to establishing your endowed scholarship.


  • Reduce your income tax with a current gift.
  • Reduce income tax and possibly estate taxes for your loved ones, while create your lasting legacy for UT students.
Retirement Assets

A gift of your retirement assets, such as an employee retirement plan, IRA or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield you or your heirs from taxes while funding an endowed scholarship at UT.

Life Insurance

Transfer ownership now:

Irrevocably designate The University of Texas at Austin as owner and beneficiary of an existing life insurance policy, and let us know that you would like to use the funds to create an endowed scholarship. If your policy is paid up, you will receive an immediate income tax deduction based on the policy value.

If your policy is not yet paid up, you will make contributions of cash to UT to cover future premium payments. For any continuing premium payments you make, you will receive a charitable deduction in the year of the payment.


Name us as a beneficiary:

You can name The University of Texas at Austin as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, UT will receive the proceeds of your policy when you pass away. You can change your beneficiary at any time and may reduce your estate taxes.

This gift is easy to arrange — simply request a beneficiary designation form from your insurance company. Be sure to let us know that you would like this gift to create an endowed scholarship.

Personal Property

A gift of real estate, artwork, coins, antiques or other personal property can be an excellent way to fund an endowed scholarship. Contact us to learn more about this type of gift — we would be happy to help you find the option that best fits your philanthropic goals.

Complimentary Scholarship Planning Resources Are Just a Click Away!

Learn more about creating an endowed scholarship with our free resources.

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Creative Ways to Make a Major Impact

Gifts That Cost You Nothing Now

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Gifts That Reduce Your Taxes

Gifts That Make an Impact Now