One of the easiest ways to support Jewish Studies is through an “Outright Gift” to the Frankel Center for Judaic Studies. The University of Michigan makes giving “Outright Gifts” very easy through a number of methods, including:
- Credit Card, Check, Cash Wire Transfer—A secure gift either through the U-M Development website or by mailing appropriate documentation with assistance from a highly trained U-M Development Gifts Officer
- Securities— A securities gift has important benefits for both you and the Frankel Center
- Matching Gifts— Allows you to increase your gift to Michigan with a matching gift from your employer (check with a U-M Development Gift Officer or ask your employer if it offers a match)
- Gifts in Kind— Items of personal property or physical assets that may be of value to the Frankel Center, such as books, works of art and so on
- Payroll deduction for U-M faculty and staff
When making such contributions, please keep in mind that your gift may provide federal and state tax benefits. You may be able to deduct your contribution to U-M from your adjusted gross income. In addition, gifts of appreciated property avoid long term capital gains tax. Check with your tax advisor for deduction and capital gains tax requirements and limitations for your situation. Your state may also allow a credit or deduction. Michigan residents may take a credit against state tax of 50 cents for each dollar of their gift, with a maximum tax credit of $100 for taxpayers filing singly or $200 on a joint return.