Buffalo Prep
HOME | ABOUT | PROGRAMS | APPLICATION PROCESS | NEWS | ALUMNI | CALENDAR | DONATE | CONTACT

Donate

Click this link to check out our Fall 2009 Annual Appeal Letter!

How To Give to Buffalo Prep

You can share your resources with Buffalo Prep in a multitude of ways. As in all financial decisions, we recommend that you consult with your financial advisor to determine the most appropriate method for supporting Buffalo Prep. Here are various methods of giving for you to consider:
To join the growing list of individuals who make a difference in the lives of our "Preppies," please follow the steps below. Your tax-deductible contribution will help our students develop their talents, grow and assume leadership in our community. Thank you for your support.

Ways of Giving

Cash
Step 1: Click the Printable Donor Card Link
Step 2: Print the Donor Card from your browser. (ctrl p)
Step 3: Fill out the Donor Card and mail it in with your donation.

Gifts of cash are the most common form of support to Buffalo Prep. Checks should be made payable to Buffalo Prep and sent directly to:

Buffalo Prep
18 Acheson Annex
University @ Buffalo
Buffalo, NY 14214

Questions about giving can be emailed to
Leslie S. Garcia, Director of Advancement at lsgarcia@buffalo.edu
Or by telephone at 716.829.2148

Credit Cards
To make a gift using your Visa or MasterCard, use our online giving page.

Pledge

Click here to make your pledge online!

Your pledge will be recorded upon receipt and you will receive an acknowledgement from Buffalo Prep. All pledges must be paid by June 30.

Corporate Matching Gifts
Many corporations offer matching gift programs for employees and their families. A matching gift can often double or triple your gift, and all matching support is credited to your class. Contact your human resource office for a matching gift form. When completed, mail it to the Development Office at the above address with your gift.

Life Insurance
Donors who assign ownership of a life insurance policy to Buffalo Prep receive an immediate charitable deduction equal to the lesser of the donor's basis or the policy's net cash value. In addition, if a donor continues to pay premiums, he or she receives an additional deduction for the amounts paid. When ownership of a life insurance policy is transferred to Buffalo Prep, naming Buffalo Prep as the sole beneficiary, gift credit will be given for either the donor's basis or the cash value of the policy.

Real Estate
A gift of real estate, whether in the form of commercial property, your residence, a farm, timberland, or undeveloped acreage, can provide significant benefits to Buffalo Prep and to you. As in the case of a gift of securities, a gift of unmortgaged real estate which has been held for more than one year will generate an income tax deduction based on the fair market value of the property at the date of the gift. A donor is not required to recognize any gain on the transfer to Buffalo Prep. The amount a donor may deduct is subject to the 30% limitations discussed above. For gifts of real estate valued at $5,000 or more, a donor must obtain a qualified appraisal described above. (Mortgaged real estate is subject to different rules, which should be discussed with your attorney or advisor.)

Securities
To make a gift of stock, contact Leslie S. Garcia, Director of Advancement at lsgarcia@buffalo.edu or by telephone at 716.829.2148 to inform her you are about to transfer a gift of stock to Buffalo Prep, including the name of the stock and the number of shares.

Tangible Property
You may own works of art, stamps, coins, jewelry, or antique furniture that you may wish to give to Buffalo Prep. If you have owned this property for more than one year, and the property can be used by Buffalo Prep to further its tax exemption purposes, you may claim a deduction for the full fair market value of the property on the date of the gift, deductible up to 30% of your adjusted gross income (with a five year carry-over for any excess). An example of exempt use property would be a rare book to be made part of Buffalo Prep's library. If the tangible personal property cannot be put to an exempt use, then the donor's deduction is limited to his or her basis, but the gift is deductible up to 40% of the donor's adjusted gross income. In addition, special rules apply to works created by the donor like artwork or a manuscript. If you contemplate making a gift of tangible personal property, you should consult with the Buffalo Prep Development Office and with your attorney or advisor.