Types of Donations
For your convenience, we off a variety of ways for you to make a donation to Stillman based on your personal preference. They include:
Donate by Mail
Donate by Phone
Gifts to Stillman can take the form of general support to be designated to support the program of your choice (for example, Education Department, Athletic Department and or Music Department to name a few). General donations give the college the greatest flexibility to meet its most pressing needs and promising opportunities. If you wish to designate your gift to a specific program, department or other priority, please indicate this when making your gift. If you have questions or would like to discuss your options for giving, please call (205)-366-8880.
Gifts of Cash
Donating cash is the simplest and most direct way to give t Stillman, and the contributions are fully deductible for individuals who itemize their federal income tax returns. Most alumni and friends participate in Stillman’s Annual Fund with gifts of cash. These benefactors enjoy seeing the immediate results of their generosity through flourishing College programs, and they understand the importance of their annual support. Gifts can be made by sending a check to the division of Institutional Advancement Office, 3601 Stillman Boulevard, Tuscaloosa, AL 35401.
A pledge is a formal statement of your intention to make a gift to Stillman. It may be followed by an immediate gift or may simply confirm your intention to make a gift in the future. Many donors choose to complete their gift pledge by making regular payments over a period of time, thereby allowing donors to give more generously than they may have originally considered. Whenever possible, the, the Division of Institutional Advancement encourages full payment of pledges within 5 years of their original commitment.
Named Gift Opportunities
Stillman is pleased to offer a wide range of commemorative gift alternatives for donors who wish to establish enduring tributes or permanent memorials to individuals, families or organizations.
Memorial and Honor Gifts
Many opportunities exist to make gifts to the College in memory or honor of a loved one or a friend. These gifts are recognized in various facilities throughout the campus.
Gifts of Endowment
A gift for endowment demonstrates your long-term commitment to the College. An endowment is a fund that is maintained in perpetuity, and only a portion of the annual investment is used for the purposes specified by the donor. The rest of the investment yield is returned to the principle. Thus, over the years, the fund can grow, and hopefully, keep pace with inflation. Such endowments, which typically bear the name of the donor(s), reflect your interest and serve as an enduring testament to your generosity.
Matching Gift Opportunities
Another method of increasing your gifts to the institution is through a corporate matching gift. As a benefit to its employees, companies ‘match’ charitable donations on certain types of organizations, such as higher education. Depending on the company’s program, not only cash gifts, but also other types such as life insurance, deferred gifts, gifts-in-kind, securities and volunteer time may also be eligible for matching.
A donor can help the College strengths programs and improve its facilities so that we can offer the best possible educational experience to our students. A Gift-in-Kind is a tangible item or product, which once donated can either be used by the College or sold to an outside party (where proceeds are them applied to philanthropic programs). Unlike gifts of cash and securities, such gifts allow a donor to receive the benefit or charitable contribution without drawing on cash flow or cash reserves. They also provide the College substantial value.
Occasionally a donor wishes to make a gift anonymously or does not want to receive public recognition for a gift. You may request several levels of anonymity. If you desire complete anonymity, you may make a gift through a third party to ensure your name will not be tied to the contribution. If you simply want to avoid public notice of your gift, we will honor that wish by not printing your name in any published donor listings or news releases. Please advise us of your preferences or concerns: we will make every effort to honor your wishes.
The College is grateful for the support it receives from alumni, parents, and friends. One of the ways we express our appreciation is by listing the name of the donors in various publications. If you do not want your name to appear in writing, please notify us.
You may wish to retain an interest in your gift, such as the right to receive income from it, or give through your estate. Under certain circumstances, your gift may entitle you to tax benefits.
Given our nonprofit status, most gifts qualify for a federal, and often state, income-tax charitable deduction. As with all financial considerations, we encourage you to discuss potential tax advantages and other implication of charitable giving with your attorney, tax advisor or financial consultant.