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Annual Giving FAQ Annual Giving

Ask Us A Question

If you have a question, please contact one of our staff members.  We are happy to answer your inquiries.

 


 

 

                

  LaGerra Williams

LaGerra Williams
Phonathon Coordinator 
901.678.3628

Jeffrey Archie 

Jeffrey Archie
Coordinator of Annual Giving 
901.678.3955

 
Read a few of our Frequently Asked Questions:

How can I make a gift?

Give Online

Give a monthly or one-time gift with your credit card through our secured online giving Web site.

 

Set Up Automatic Giving

Send a voided check and your giving preferences with your next gift to have your support automatically deducted from your checking account.

 

Mail Your Gift

Send a check to:

University of Memphis Foundation—Dept. 238

P.O. Box 1000

Memphis, TN 38148-0001

 

Give by Phone

Call us at 1.901.678.3953 to give a reoccurring or one-time gift with your credit card over the phone.



Does the University of Memphis really need my gift?  What about state funding, student tuition and the endowment?

 

While these sources contribute to the University’s annual operating budget, its success depends heavily on the support of our alumni and friends. Even with these sources, we still need your gifts to provide a quality education for all who seek it.




I can’t afford a big gift.  Is there any point in me giving?

Large gifts are absolutely essential to the University’s success. But, so are modest ones. The University of Memphis has more than 115,000 living alumni. When our gifts are combined, they make a significant impact for the University of Memphis.   


How does my annual gift help the different colleges, departments and programs?

 

The Academic Fund at University of Memphis supports all colleges, departments and programs.  Your gift to the Academic Fund goes where it is most needed.  Also, when making your reoccurring annual gift, you have the opportunity to choose the department, scholarship or program you would like to support. 


I’m a graduate of University of Memphis.  Why is my gift participation so important?

 

Your participation in annual giving helps safeguard the value of your degree. Annual gifts—no matter the size—add up and are an important income stream that underwrites school activities, ensures the school's fiscal health and continued excellence. Alumni participation in annual giving is measured against our peer schools. Your participation gifts also play a major role in encouraging large donors, corporations and foundations to support the University. 

 

Every gift makes a difference in its own right and helps to inspire other donors. Collectively, thousands of individual gifts enable us to provide scholarships, services, programs and facilities for our students.

 

All gifts help improve the quality of student life and enhance the overall college experience and institutional reputation.



Why should I make a gift and join the Alumni Association?

 

Your tax-deductible gift to the University supports the programs and priorities that benefit current students including financial aid, classroom equipment and experience enriching programs. Your gift helps transform University of Memphis students into skilled, professional graduates.

 

Alumni Association Memberships dues sponsor events such as the Homecoming parade, class reunions, NCAA pep rallies and other Alumni activities and initiatives. Basic membership dues range from $20 to $35 and are not charitable contributions under IRS guidelines.

 

Contact the Alumni Office to join the Alumni Association.


What is the difference between an annual, capital, campaign or endowment gift?

Annual gifts are raised each year from alumni, parents and friends of the University of Memphis and are spent within the same fiscal year (if unrestricted). Annual gifts help provide funds to many of the programs and priorities on campus including financial aid, classroom equipment and experience enriching programs.

 

Capital gifts are normally larger one-time restricted gifts that go toward a specific project or building.

 

Your endowed gift is invested, and the investment income from the principle gift perpetually supports the University through underwritten scholarships, professorships, chairs, programs, colleges and schools.

 

A campaign pledge shows your support for the University and funds initiatives within the campaign case statement.  Often, campaigns are comprehensive and any gift to the university counts as participation within the campaign.





How do I ensure I am listed on the donor Honor Roll every year?

 

Each year, send at least one gift to support the University of Memphis between July 1 and June 30, and you will be acknowledged in the Donor Honor Roll within our Annual Report.



Can I make a gift in honor or in memory of someone?

 

Yes! Gifts may be in honor or in memory of a former professor, family member, friend, student or colleague.  An acknowledgement will be sent to the individual whom you are honoring. Family will be notified when a gift is made in memory of their loved one. 



My employer offers a Matching Gift program. Should I participate?

 

Yes, it is easy to do. If you company matches gifts, your human resources office will provide you with a matching gift form to send in with your next gift.  Many companies encourage their employees to make charitable contributions by matching their philanthropic support. At the University of Memphis, donors receive credit for their employers' matching gifts. Some companies offer a 1:1, 1:2 and even 1:3 match, transforming your $50 annual gift into a $200 gift! Find out if you work for a matching gift employer.


Is my Annual Gift tax deductible?


The University of Memphis Foundation is a qualified tax-exempt corporation under Section 501 (c)(3), and the University of Memphis is a tax-exempt government entity under section 501 (a) of the U.S. Internal Revenue Code; making your contributions tax deductible to the extent provided by law. If you received any tangible benefit in exchange for your contribution, the tax deductible amount is limited to the amount of your contribution over the stated value of the item or benefit you received. If your contribution qualified you for the right to purchase athletic tickets, Section 107 (1) of the Internal Revenue Code allows a charitable deduction of up to eighty percent (80%) of that contribution.


What is the Phonathon?

 

The Phonathon consists of a dedicated team of student employees who call alumni, parents and friends of the University year-round to help raise support for academic initiatives at the University of Memphis. Learn more about the Phonathon.


What is the fiscal year for University of Memphis?

Our fiscal year runs from July 1 through June 30.





When does Annual Giving ask for support?

 

You have the opportunity to give anytime by mailing a check, giving online, over the phone or by setting up an automatic reoccurring gift.  We send multiple direct mail appeals each year and student Phonathon callers look forward to speaking with you all year.



I’m retired and am now on a fixed income, and I can’t give a cash gift. What is the best way for me to support the University?

Many donors use
stock, bonds, or real estate that are generating little or no income at all to fund a charitable gift annuity that will provide a steady, guaranteed income stream for life.   You might also consider including the university in your trust or will.  Finally, it is very easy to make the University of Memphis Foundation a beneficiary of a retirement plan or an insurance policy. If any of these interest you, contact Dan H. Murrell, our Director of Planned Giving, to get started. 


Are there non-monetary ways I can support University of Memphis?

Absolutely! Whether it's recommending a student to University of Memphis, setting up a summer internship at the company where you work or telling others about your positive experiences at University of Memphis, we appreciate your support.

Please contact us. We are happy to answer your questions.

Faculty and Staff Giving
Young Alumni Giving
Student Giving
Parent and Family Fund
Phonathon
Matching Gifts
Annual Giving FAQ
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Last Updated: 7/9/14