Your gift to Indiana Zeta today has the power to change our undergraduates' lives for years to come. Donors who commit to providing monthly, quarterly or annual recurring gifts become members of the Jacqueminot League.
Additional Ways to Make an Impact
There are several ways that individuals, corporations and foundations can provide financial support to benefit Indiana Zeta.
Each year, alumni and friends provide Indiana Zeta with much needed financial assistance through outright gifts of cash, securities, or other properties, which offer immediate benefits to our members; and deferred gifts, which allow for the arranging of a gift now that has a future benefit for the chapter. All gifts, in all forms, are important as they validate and support all aspects of Indiana Zeta.
Your tax benefits depend on what you give and when you give it. The Foundation team can assist you and your financial advisors with the details of reporting a gift to help support Indiana Zeta. Or if you’re still in the planning stages, ask us for help in how your donation can be more tax-efficient. We appreciate your support, so we’ll do all we can for you in return! For more information, contact the Foundation to discuss the full range of giving options and strategies.
The easiest and quickest way to support Indiana Zeta is with a cash gift by check or credit card. Cash gifts given annually are vital to Indiana Zeta’s operations and programs. We can also set up a recurring gift to charge your credit card a specific amount on a monthly, quarterly or annual basis.
Cash gifts are easy to make and carry tax benefits, but gifts of stock or other securities may be a more appropriate gift vehicle for your situation. Securities and property may be given directly to the Phi Psi Foundation as annual gifts, or they may be used to establish certain types of planned gifts.
Stocks & Securities
A gift of stock is valued for tax purposes on the date of transfer. The fair market value of gifts of long-term, capital gain securities or real estate are deductible based upon a donor’s adjusted gross income. Giving securities that have increased in value is a great way to both benefit Indiana Zeta and bypass the capital gains tax due on a sale.
By far the best way to transfer securities is to do so through our online donation tool. Simply answer a few questions, print your forms, and follow the instructions to send them to your brokerage — this platform will automatically pull all of Phi Psi’s stock transfer information. It will also immediately alert us to your gift, so that we can properly thank you for your generosity.
If you would prefer to complete the transfer offline, simply contact the Foundation’s investment manager at the information below. Please also call the Foundation once you have completed the transfer. This helps ensure you receive proper recognition for your contribution and assures that the gift was credited to the proper fund.
Firm: Buckingham Strategic Wealth
Advisor: Tim Jost (email@example.com | 314.783.2918
If you do not have stocks in a broker account, you may have paper stock certificates printed in the Foundation’s legal name and delivered to the Foundation’s offices. Have the certificates issued to the “Endowment Fund of the Phi Kappa Psi Fraternity” and delivered to 5395 Emerson Way, Indianapolis, Indiana 46226.
A final option is to deliver to the Foundation paper stock certificates issued in your name. For security reasons, do not endorse the backs of the certificates. Instead, include a transmittal letter specifying your name and address and indicating how many shares you are contributing. Then, in a separate envelope, send the Foundation a stock power executed in blank with the signature guaranteed. Your bank or attorney should be able provide you with stock power forms and guarantee your signature. You must also include a cover letter confirming your gift.
Many companies offer employees a matching gift benefit that doubles the gift to Indiana Zeta. When making your gift, check to see if your employer has a corporate matching gift program.
A gift to Indiana Zeta through the Foundation by will or trust is a creative way to help in the long term, while still retaining full control of your assets during your lifetime. Each bequest to the Foundation serves as a legacy to future generations, and helps secure the future of the organization.
We have partnered with FreeWill to help you create your legal will online at no cost, and establish your legacy gift for free. Get started here.
Have you already created a gift in your will or trust to Phi Kappa Psi? Fill out this form to let us know!
Planned giving is a very special tool of philanthropy. It’s reserved for those individuals and families with both a clear vision and a sense of deep conviction – for both the near and long-term. Whatever form your planned gift takes, keep in mind that it is a wonderful way to support Indiana Zeta.