Ways to Give

Alumni and friends can give back through annual gifts. Make a yearly contribution to the TTUHSC Phonathon or support a specific school by planning gifts through your alumni account. Visit TTUHSCalumni.org to join the TTUHSC Alumni Association. 

Provide support beyond your lifetime. Establish a deferred gift through your will for general use or a specific purpose by creating an endowment fund.

Here’s how you name TTUHSC a beneficiary:

• Designate a specific dollar amount to Texas Tech Foundation Inc. (Tax ID — 75-6043842) for the benefit of  TTUHSC;
• Designate a specific property to Texas Tech Foundation Inc. for the benefit of TTUHSC;
• Designate a specific percentage of your estate to Texas Tech Foundation Inc. for the benefit of TTUHSC; or
• Designate a residual, or remainder, bequest to Texas Tech Foundation Inc. for the benefit of TTUHSC.

Give as a faculty or staff member of TTUHSC through installments automatically applied through payroll deduction. We will aid you in completing the appropriate paperwork and contact payroll on your behalf. Contact our office for more information.

Donate non-cash goods or services that can be put to immediate use by TTUHSC, such as specialized equipment, land, artwork or other tangible property. These gifts are classified as Gifts in Kind.

When you give appreciated securities and closely held stock, you and TTUHSC benefit. You may receive an income-tax deduction equal to the fair market value of the securities, as well as reduce or eliminate capital gains taxes. Direct proceeds of your gift go to any program you wish.

Support TTUHSC while you extend congratulations or convey a thank you to special individuals. Graduations, birthdays, anniversaries and promotions are ideal times to consider this recognition.

Donate your primary home, vacation home, condominium, farm or ranch to TTUHSC and reserve for yourself the right to continue to use this property during your lifetime. In this arrangement, you grant to TTUHSC the remaining interest in your property.

Contribute the remainder of your trust annuity or investment income to TTUHSC. The most common forms of life income gifts include charitable gift annuities and charitable remainder trusts. Discuss the advantages of these gifts with your estate planning advisor, attorney or accountant.

• Charitable Gift Annuities are a contractual arrangement in which TTUHSC agrees to pay you or someone you designate a lifetime income. Income amount is determined by using a fixed percentage of the original gift value, the number of annuitants and their ages. Once established, the annuity contract cannot be enlarged with additional funding. However, additional annuities can be created.
• Charitable Remainder Trust lets you make a gift during your lifetime while receiving income for life for yourself, for any other beneficiary or for a specified term of 20 years or less. At the termination of the trust, TTUHSC receives remaining assets in the trust to be used for your designated purpose. There are two types of charitable remainder trusts: the charitable remainder annuity trust and the charitable remainder unitrust.

Make TTUHSC the owner and beneficiary of your life insurance policy and deduct the cash surrender value as a gift. When you choose the make this gift, all additional premium payments are deductible. Life insurance gifts are not subject to estate taxes.

Take advantage of your company’s matching gift program and double or triple your gift to TTUHSC. These gifts maximize your contribution and increase your impact. See if your company has a matching gift policy. CLICK HERE.

Honor someone you want to memorialize by contributing to a TTUHSC program that is meaningful to you, your family or to the deceased.

Loan your name to TTUHSC as a noteworthy individual, business or organization. Naming opportunities include: General endowed funds, endowed scholarships, special initiative endowments, existing buildings, proposed buildings and building components (such as laboratories).

Leave a legacy to TTUHSC through planned gifts, including bequests and wills, gifts of life insurance, retirement plans and other contributions made through your estate. Many options allow you and your loved ones to receive income during your lifetime from assets that will eventually benefit TTUHSC.

Make TTUHSC the sole beneficiary of your retirement account balance at your death. When your retirement funds become a tax liability, this is the most advantageous and easiest way to convert your retirement asset into a charitable gift.

Donate real estate by transferring the title for your residential, rental, oil and gas or commercial property to TTUHSC. Or, contribute real property through a bargain sale, which allows TTUHSC to buy your property at less than fair market value. Personal property may include artwork, computers, books, jewelry and collections.

When you will your body to science, you provide a valuable learning opportunity to medical professionals and students to make advances in medicine and research.

For more information about this program, contact:
Jason Jones
806.743.2700

You may also contact the Office of Institutional Advancement