 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Donors have a variety of funding options from which to choose. All donations made in the U.S. are subject to the U.S. federal tax guidelines which govern their deductibility. For donors from outside the U.S., the governments of the countries in which the donations are made dictate whether they can be deducted from foreign tax returns. Funding options available to U.S. and foreign donors include:
Cash:
The simplest and most common way for individuals to support the Cyprus Initiative Fund is with a gift of cash. Gifts of cash may be deductible for U.S. federal income tax purposes, for up to 50 percent of adjusted gross income. Gifts made by a check, money order, or credit card charge authorization also may be mailed to:Harvard School of Public Health
The International Initiative for the Environment and Public Health
c/o Resource Development Office
401 Park Drive
East Atrium, Third Floor
Boston, MA 02215
Checks should be made payable to the Harvard School of Public Health or to the Cyprus International Institute for the Environment and Public Health. For information regarding credit card authorizations, contact Monique Bertic, Senior Major Gift Officer, at 617-384-8987, mbertic@hsph.harvard.edu.
Gifts of Securities and Mutual Funds:
Making a gift of securities is both simple and tax-efficient because donors may be eligible to receive a double tax benefit while simultaneously making a difference in the future of public health in the Region. Gifts of stocks, bonds, and mutual fund shares that have been held longer than a year qualify for a U.S. federal income tax charitable deduction based on the mean market value on the date of receipt. Gifts of appreciated securities may be deducted for up to 30 percent of adjusted gross income; the donor also avoids paying any capital gains tax on the donated asset. Gifts funded with mutual fund shares have similar benefits. For more information regarding gifts of securities or mutual funds, please contact Randy Billings at 617-384-8973 or rbilling@hsph.harvard.edu.Memorial and Honorary Gifts:
A gift in any amount to the Harvard School of Public Health in memory of a loved one or to honor someone's birthday, anniversary, or other special occasion is a wonderful way to pay tribute to a friend, mentor, or relative while simultaneously helping to advance teaching and research in a particular field of public health. Named endowed funds may be established to support research, scholarships, or other purposes at the School for gifts of $100,000 or higher.Matching Gifts:
Many U.S. companies offer matching gift programs to encourage employees to contribute to charitable organizations. Most of these programs match contributions dollar for dollar, and some will even triple the amount of your gift. If your company has a Matching Gift Program, please notify us at the time of your gift.Gifts of Real Estate:
A gift of real estate can be an attractive way to make a substantial commitment to the Initiative and simultaneously realize important financial benefits. Through a real estate gift, a donor may be able to significantly reduce the amount of income, capital gains, and estate taxes she or he otherwise might have to pay. It is also possible to receive an income stream if the property is used to fund a life income plan.Tangible Personal Property:
Property such as art, antiques, stamps, coins, and jewelry can also be gifted to the Initiative. If the gift of tangible property is directly related to the mission of the Initiative, an income tax deduction may be taken for the full fair market value of the property as determined by an independent qualified appraisal that the donor must obtain. If the gift is for an unrelated use, the deduction is based on the cost basis of the property.Quite often, tangible personal property with an unrelated use can fund a Harvard-managed life income arrangement, turning a non-income producing asset into an income-producing one. Generally, there is no income tax deduction available. It is important for donors to discuss gifts of real estate or tangible property before taking steps to sell the property, to ensure eligibility for the maximum tax benefits.
Planned Gifts:
A gift through one's will or through a variety of available planned giving options is in many ways one of the most meaningful commitments an individual can make, as it represents an expression of the legacy one wishes to leave to future generations. Such gifts not only help the institution, but can also help donors meet their financial and estate planning objectives. A donor can increase income, save on taxes, diversify his or her portfolio, and pass assets on to heirs while at the same time making a gift to the institution. Many of these gift options are expertly managed by the Harvard Management Company with no additional management fees. Some types of planned gifts include:- Bequests
- Life Insurance
- Charitable Gift Plans including Life Income Plans, Charitable Gift Annuities, Pooled Income Funds, and Charitable Remainder Trusts
- Charitable Estate Planning Techniques including Retirement Plans, Lead Trusts, and Retained Life Estate
Thank you for your support of the International Initiative for the Environment and Public Health
For more information, please contact
Monique Bertic
Senior Major Gift Officer
617-384-8987
mbertic@hsph.harvard.edu
