In addition to cash contributions, donors may make a non-cash contributions. These gifts could include securities, real estate, personal property and other items. Because non-cash contributions require additional paperwork, review and approvals, we encourage donors to contact their financial advisors and the appropriate SIUE Foundation staff member or Director of Development when considering a non-cash contribution option.
To contribute Securities, contact Rich Hampton, Director of Financial Affairs, at 618-650-2484 or by e-mail at email@example.com.
To contribute Real Estate or Personal Property, contact the SIUE Foundation at 618-650-2345 or by e-mail at firstname.lastname@example.org.
The Internal Revenue Service treats non-cash contributions differently than gifts of cash. Non-cash contributions of $500 or more are reported on the IRS form 8283. In addition, non-cash contributions may require more documentation, especially if the value of all "like" non-cash contributions given in a year to any charitable organizations exceeds $5,000 ($10,000 for gifts of stock). For non-cash contributions at this level, the IRS requires the donors to include qualified, written appraisals with their tax returns. Copies of an appraisal or receipts help the SIUE Foundation determine the value of the non-cash contribution and may be included on a donor's giving record at the SIUE Foundation.