Glossary of Giving

Securities
Gifts of appreciated securities can be an advantageous way to give. When given to Franklin Pierce, your itemized charitable deduction is the fair market value of the appreciated securities, not the original cost basis. Such gifts eliminate capital gains tax and are tax deductible up to 30% of your adjusted gross income. Any amount over the maximum 30% may be carried over for 5 years. Please contact the Office of Development at 603.899.4031 or development@franklinpierce.edu if you are interested in making a gift of securities.

Real Estate
Gifts of real estate are beneficial to both the donor and Franklin Pierce. The donor realizes a charitable tax deduction while the University gains property to enlarge its facilities or sell for cash. Please contact the Office of Development at 603.899.4031 or development@franklinpierce.edu if you are interested in making a gift of real estate.

Bequests
Cash, tangible property or real estate may be gifted to Franklin Pierce through a specific request in either your will or living trust. Such gifts may be designated to a specific purpose (funding for scholarships, library books, classroom equipment, etc.). Bequests may be specified by a dollar amount or by a percentage of your estate. You may also direct the residue of your estate to the University after all specific bequests to family and friends have been satisfied. Please consult your attorney or financial advisor regarding making Franklin Pierce part of your estate plans. Contact the Office of Development at 603.899.4031 or development@franklinpierce.edu if you are interested in making a bequest to Franklin Pierce.

Charitable Remainder Trusts
Trusts may be established to provide you the option of transferring assets to Franklin Pierce during your lifetime, earning you an immediate tax deduction and providing an income stream for you for the remainder of your life. Please consult your attorney or financial advisor to determine if this is a option for your situations. Contact the Office of Development at 603.899.4031 or development@franklinpierce.edu to discuss your plans to establish an annuity or trust.

Tangible Personal Property
Items such as works of art, coin collections, artifacts and computing equipment may be gifted to Franklin Pierce. The amount of the tax deduction you realize depends on the standard of "related use." This means that if the property is related to the exempt purposes of Franklin Pierce, then you are entitled to a tax deduction for the full fair market value of the property, but it is subject to a limit of 30% of your adjusted gross income. Any amount over the 30% maximum may be carried over for 5 years. If the property is unrelated to the purpose of the University, you are entitled to a charitable deduction for your cost of the property. Please contact the Office of Development at 603.899.4031 or development@franklinpierce.edu if you are interested in making a gift of tangible personal property.

Pledges
If you would like to make a gift this fiscal year, but not right now, you can make a pledge. To make a pledge, fill out the pledge form. (link to pledge form) This form will be submitted to the Development Office. Pledge reminders will be sent monthly, unless otherwise indicated. You may also contact the Office of Development at 603.899.4031 or development@franklinpierce.edu to discuss making a pledge to Franklin Pierce.

Volunteering
For more information on volunteering for Franklin Pierce, please click here. You may also contact the Office of Development at 603.899.4031 or development@franklinpierce.edu if you are interested in volunteering for Franklin Pierce.