Frequently Asked Questions

CU Foundation

Making a gift at the end of the year is a great way to support the University of Colorado and potentially take advantage of any tax benefits you may qualify for this year. Click here to see information and suggestions about how to make your gift before year-end.

The CU Foundation’s volunteer Investment Policy Committee provides fiduciary oversight and determines investment policy. Currently, Perella Weinberg Partners manages the portfolio on a day-to-day basis, according to the policies and asset-allocation guidelines set by the Investment Policy Committee.

What are Endowments?
Make a gift to an endowment
Establish a new endowment
How does the CU Foundation's endowment work?
Do you charge a fee on gifts or endowments?

Yes. Gift tax receipts are typically issued within 2 business days, and can be delivered via email or mail.

For assistance with making a gift online, please email giving@cu.edu or call 303-541-1258. For all other gift-related inquiries, call 303-541-1290 or email gifts@cufund.org or visit our Contact Us page to find the best contact to address your needs.

The CU Foundation manages more than 2,700 individual endowments that generate an ongoing source of support for an individual university priority (such as scholarships, research, or faculty support) specified by that endowment donor. These 2,700-plus endowments are invested collectively in a long term investment pool (LTIP).

An endowment typically needs to be funded at a minimum level of at least $25,000 (though minimums may vary by campus or programmatic category) in order to actively support the specified CU program. Once that occurs, the endowment distributes 4% of its average fair market value each year to the specified CU program.

Click here to learn more about the specifics of CU's endowment.

What are Endowments?
Make a gift to an endowment
Establish a new endowment
Who manages the CU Foundation’s endowment?
Do you charge a fee on gifts or endowments?

A volunteer Board of Directors has fiduciary oversight, elects the officers of the Foundation and appoints the chief executive officer. The CU president, a representative of the university’s Board of Regents, and another university designee serve as non-voting members of the Foundation’s Board of Directors.

Common Giving Terms

One-time gifts are single, outright gifts of any amount made to any of 2,400+ funds benefiting the people, places and programs throughout the University of Colorado's four campuses. Find a fund to start your one-time gift!

A recurring gift is a fixed amount given on a regular periodic schedule, such as monthly, quarterly or annually. This gift continues in perpetuity until the donor requests to cancel or change it.

Set up and manage recurring gifts

Payroll deduction is offered to CU faculty and staff as a simple and easy way for you to make a powerful statement about your commitment to CU’s future. These monthly recurring gifts are automatically deducted from your pay check each month, and can be set up, changed or cancelled at any time.

Set up and manage payroll deductions (for CU faculty/staff)

A pledge commitment is a promise by a donor to pay a specified amount in full over a predetermined time period, usually no more than five years.

Memorial and honorary gifts recognize a loved one or someone influential to the donor. Any gift of any amount can be designated as an honorary or memorial donation.

More than 15,000 companies and subsidiaries will match tax-deductible charitable contributions made by their employees, retirees and employees' spouses—which can double (or triple) the value of your gift! Matching gifts are directed to the same designation as your original gift, unless your employer dictates otherwise. The CU Foundation will recognize you for the total amount. For questions about this or other aspects of matching gifts, please call 303-541-1290 or email matching.gifts@cufund.org.

Learn how to take advantage of a matching gift program

Outright gifts make up the majority of contributions to CU, and encompass the following gift types: cash, stocks and bonds, real estate, tangible personal property, matching gifts or gifts-in-kind. In general, outright gifts qualify for an immediate income tax deduction. For questions or more detailed information, you can call 303-541-1290 or email gifts@cufund.org.

Endowments are gifts that keep on giving, and serve as a reliable long-term funding source that supports a designated purpose or program at CU in perpetuity. The principal amount of an endowed fund is permanently invested by the University of Colorado Foundation in its Long Term Investment Pool (LTIP), generating interest income that is then used to fund the purpose or program designated by the donor.

Make a gift to an endowment
Establish a new endowment
How does the CU Foundation's endowment work?
Who manages the CU Foundation’s endowment?
Do you charge a fee on gifts or endowments?

A planned gift refers to a wide array of customizable giving mechanisms that may blend current and future commitments, maximize tax and estate factors, and optimize your current cash flow or finances.

Common planned gift types include:

  • Bequests
  • Charitable gift annuities
  • Charitable remainder trusts
  • Charitable lead trusts
  • Real estate
  • Retirement accounts

Learn more at our Gift Planning website.

“Gifts-in-kind” encompass donations of goods, rather than cash. Sample in-kind gifts include artwork, furniture, office equipment, medical equipment or certain professional services.

A challenge gift is a great way for donors to use their gift as a means of inspiring and encouraging other donors. Typically, a donor will commit to donating some amount of money to a program or cause, with a precondition–or challenge–that all other donors must meet some goal or take some action within a certain amount of time in order for the gift to be fulfilled. Common challenges include goals for total money raised or total number of donors, and "dollar-for-dollar" matches that effectively double or triple the impact of all donations up to a certain amount.

Unrestricted gifts are those in which the donor gives CU's leadership total discretion in how the money may be spent, which maximizes their ability to respond to the ever-changing needs of the institution. The easiest way to make an unrestricted gift is to donate to one of CU's many unrestricted funds, often referred to as a "Fund for Excellence," "Annual Fund" or "Dean's Fund."

Ways to Give

To make a gift over the phone using your credit card, please call the number below and a CU Foundation representative will be happy to accept and process your gift. +1 (303) 541-1290 Hours: Monday-Friday, 9am-4pm MT

Talk to a Student Caller at one of our Engagement Centers (managed by the outside firm RNL):

Each year students from the CU Engagement Center reach out to alumni, parents, and friends to offer them an opportunity to support CU. This successful program generates important funding each year to strengthen academic programs, provide student services and fund scholarships.

Engagement Center phone number for each campus:

  • UCCS - (719) 425-8324
  • AMC - (720) 500-0401 
  • Denver - (720) 623-5024
  • Boulder - (720) 552-5219

Already spoken to a student caller? Fulfill your pledge: https://giving.cu.edu/fund-search

Learn about how your company can double your gift to CU: https://giving.cu.edu/faq/take-advantage-matching-gift-program

Interested in becoming a student caller for one of our campuses? Apply today.

Questions? Reach out directly to our RNL Representatives:

Garron Freddie

Engagement Center Director

Garron.Freddie@ruffalonl.com

To make a gift by mail, you will need to download and complete this form, making sure to specify the fund you would like your gift to go to. Then, make out your check(s) for the donation amount payable to the University of Colorado Foundation.

Mail the form along with the check(s) to:
University of Colorado Foundation
P.O. Box 17126
Denver, CO 80217-9155

The easiest way to make a gift online is by using our eCheck option. By using this option, your gift payment is deducted directly from your personal checking or savings accounts. If you’d prefer, you can also mail in your check (see below) or wire funds to the CU Foundation.

Give by eCheck:
Proceed through checkout, select “Bank Account” in the payment form and provide your bank account and routing information.

This option is currently available for the following types of gifts:

  • One-time gifts (support for recurring coming soon)
  • $10,000 or less (total payment amount)
  • Does not include a license plate fund

Please note: Gifts made via bank account (eCheck) can take 2-3 business days to appear on your bank statement and another 3-5 business days to be fully processed. If your gift is over $10,000 and you’d still prefer to pay electronically, please refer to our instructions for wiring funds to the CU Foundation.

Give by Mail:
Please download and complete this form, making sure to specify the fund you would like your gift to go to. Then, make out your check(s) for the donation amount payable to the University of Colorado Foundation.

Mail the form along with the check(s) to:
University of Colorado Foundation
P.O. Box 17126
Denver, CO 80217-9155

The easiest way to make a gift by credit card is to donate online. You may also make a gift over the phone using your credit card by calling 303-541-1290 anytime Monday-Friday from 9am-4pm MT, and a CU Foundation representative will be happy to accept and process your gift.

CU Faculty & Staff: Take advantage of our simple Payroll Deduction option!

When giving online, choose the fund you'd like to give to, enter your gift amount, and then check the box next to “Make this a recurring gift.” You will then have the option to set how often you wish your gift to recur: Monthly, Quarterly or Annually.

Please note that the recurring gift option applies to all gifts in your Gift Basket, and cannot be set up on a fund-by-fund basis within a single donation. To make a separate one-time gift, or one with a different recurring schedule, you will need to complete them separately.

recurring-gift-setup.png

You can also set up a recurring gift over the phone by calling us at 303-541-1290. Recurring gifts continue in perpetuity until you request to cancel or change them. To cancel or change a recurring gift, please email gifts@cufund.org or call 303-541-1290.

What are Recurring Gifts?

CU faculty and staff can set up a recurring monthly gift through an automatic payroll deduction using our online Payroll Deduction form. You can also use this form to change or cancel an existing payroll deduction. Please contact Gift Management at payroll.deductions@cufund.org with gift related payroll deduction questions.  For questions about your monthly deduction please contact CU Employee Services at hcm_community@cu.edu.

What are Payroll Deductions?

If you received a call from one of our students and pledged to make a gift to one or more funds, you can fulfill your pledge online by finding the fund(s), entering your pledge amount and then checking the box next to "This is a pledge payment." This will help us connect your gift to your pledge commitment.

You can also fulfill your pledge commitment, or make changes to it, by calling us at 303-541-1290.

pledgepaymentfaq-checkbox.png

If you have established a multi-payment pledge commitment with regularly scheduled payments, you can fulfill your payments online by finding the fund (entering your pledge amount and then checking the box next to "This is a pledge payment." This will help us connect your gift to your pledge commitment. You can also fulfill your pledge payments, or make changes to it, by calling us at 303-541-1290.

Any gift—whether a one-time, recurring or a pledge—can be designated as an honorary or memorial donation. To do so online, find the fund you wish to give to and then select "Yes" under "Is this gift in memory or in honor of someone?" Then, select whether it is "In honor of" or "In memory of" and fill out the requested information. While we only require you to enter Honoree's name, you may also provide us with the additional information and we will reach out and notify the honoree, next of kin or contact of your gift. You may also designate your gift when donating by phone or by mail.

A donor may designate a gift to a particular campus, college or school, department or even to a particular fund supporting a specific CU initiative. If you cannot find a suitable fund on our website, can't find the fund you are looking for or just don't know the name of the fund, you can use our Write-In option. Simply go to our "Write-In Fund" page, select the amount you wish to give along with any additional options, and either add it to your Gift Basket or Give Now to complete your gift. When you are ready to complete your gift, use the "Comments" box at the bottom of the final checkout form to provide us with details on how you would like to designate that gift. If we have any questions, we'll contact you to ensure we have it right before process your gift. You may also specify a particular designation for your gift when donating by phone or by mail.

For a modest donation, you can support your campus’s Alumni Association and obtain a state of Colorado license plate promoting your pride for CU Anschutz, CU Boulder, CU Denver or UCCS.

Start Here
CU Boulder
CU Anschutz
CU Denver

Contribute to an existing endowment in support of CU by selecting one from our list of endowed funds. Click here to see a list of endowed funds you can give to today, or select "Endowed Funds" from the Fund Type dropdown when searching for funds online.

What are Endowments?
Establish a new endowment
How does the CU Foundation's endowment work?
Who manages the CU Foundation’s endowment?
Do you charge a fee on gifts or endowments?

New endowments can be established generally at a minimum level of $25,000, fundable with a gift or commitment payable over up to five years. Certain CU campuses and programmatic categories may have different endowment minimums.

If you are interested in creating a new endowment or have questions about endowment minimums, please contact us at giftadministration@cu.edu or 303-541-1252 and we will connect you with a development professional in the academic unit you aim to support.

Click here to see our Guide to Endowments and learn more about the specifics of CU's endowment.

What are Endowments?
Make a gift to an endowment
How does the CU Foundation's endowment work?
Who manages the CU Foundation’s endowment?
Do you charge a fee on gifts or endowments?

Click here to complete our intake form for new stock, securities or cash gifts. Further details and instructions will be sent to you via encrypted email upon review of your form submission.

Contact CU Foundation Gift Management at gifts@cufund.org or 303-541-1290 with questions. Please consult your advisors for tax and legal advice.

Make a gift with cryptocurrencies and learn more on our cryptocurrencies giving page.

Contact our Gift Planning Team for guidance on these individual circumstances.

Please note: In-kind gifts of personal property are now processed by the Gift Planning Team. For guidance on in-kind gifts, contact the CU System Advancement Office at GIK@cu.edu or 303-541-1229.

Learn more at our Gift Planning website.

For assistance with making a gift online, please email giving@cu.edu or call 303-541-1258. For all other gift-related inquiries, call 303-541-1290 or email gifts@cufund.org or visit our Contact Us page to find the best contact to address your needs.

Click here to complete our intake form for new stock, securities or cash gifts. Further details and instructions will be sent to you upon submitting the form.

Contact CU Foundation Gift Management at gifts@cufund.org or 303-541-1290 with questions. Please consult your advisors for tax and legal advice.

Making a gift at the end of the year is a great way to support the University of Colorado and potentially take advantage of any tax benefits you may qualify for this year. Click here to see information and suggestions about how to make your gift before year-end.

If your company has a matching gift policy, request a matching gift form from that employer and submit your completed and signed claim to:

University of Colorado Foundation
P.O. Box 17126
Denver, CO 80217-9155

The University of Colorado Foundation's Tax ID # is: 84-6049811

Matching gifts are directed to the same designation as your original gift, unless your employer dictates otherwise. Call 303-541-1290 or email matching.gifts@cufund.org with questions.

• What are matching gifts?

General Questions About Giving at CU

The state of Colorado provides less than 6 percent of the university’s $3.5 billion operating budget, down from more than 25 percent in 1990. Private support—which, in 2015, comprised a larger share of CU’s budget than funding received from the state of Colorado—is an important and increasingly fundamental component of CU’s budget. And targeted donor support for strategic priorities allows the university to attract and retain the best and brightest faculty, provide scholarships, build first-class facilities and direct education and research toward filling community needs and solving societal problems.

The CU Foundation is a 501(c)(3) charitable organization. All gifts to the Foundation are tax-deductible to the fullest extent of the law, but circumstances vary depending on each donor’s individual financial situation. You should consult with your tax attorney/advisor concerning the deductibility of your gift.

Yes. Gift tax receipts are typically issued within 2 business days, and can be delivered via email or mail.

We aim to process all donations and issue gift tax receipts within 2 business days of when they are made.

Gift funds and gift agreements are contractual documents, and our policies and practices are oriented toward ensuring that the donor’s intent is honored. CU Advancement staff work closely with faculty partners to maximize the impact of donor support on CU programs. Donors who establish endowments receive periodic Endowment Status Reports that update these donors on investment performance and fund balances. We provide an Annual Report and other communications in an effort to be transparent to donors and the community.

Do we have wrong or out-of-date information for you? Please let us know! You can update your record by using our online form, or by calling us at 303-541-1290.

For any gift-related inquiries, call 303-541-1290 or email gifts@cufund.org. For other inquiries, visit our Contact Us page to find the best contact according to your needs.

A volunteer Board of Directors has fiduciary oversight, elects the officers of the Foundation and appoints the chief executive officer. The CU president, a representative of the university’s Board of Regents, and another university designee serve as non-voting members of the Foundation’s Board of Directors.

The CU Foundation manages more than 2,700 individual endowments that generate an ongoing source of support for an individual university priority (such as scholarships, research, or faculty support) specified by that endowment donor. These 2,700-plus endowments are invested collectively in a long term investment pool (LTIP).

An endowment typically needs to be funded at a minimum level of at least $25,000 (though minimums may vary by campus or programmatic category) in order to actively support the specified CU program. Once that occurs, the endowment distributes 4% of its average fair market value each year to the specified CU program.

Click here to learn more about the specifics of CU's endowment.

What are Endowments?
Make a gift to an endowment
Establish a new endowment
Who manages the CU Foundation’s endowment?
Do you charge a fee on gifts or endowments?

The CU Foundation’s volunteer Investment Policy Committee provides fiduciary oversight and determines investment policy. Currently, Perella Weinberg Partners manages the portfolio on a day-to-day basis, according to the policies and asset-allocation guidelines set by the Investment Policy Committee.

What are Endowments?
Make a gift to an endowment
Establish a new endowment
How does the CU Foundation's endowment work?
Do you charge a fee on gifts or endowments?

The CU Foundation does not charge fees on current gifts or pledge commitments; those gifts entirely support the program designated by the donor. As is common practice among university endowments, the CU Foundation collects an assessment of 1.5% on all endowments to support the University of Colorado’s Advancement operations.

What are Endowments?
Make a gift to an endowment
Establish a new endowment
How does the CU Foundation's endowment work?
Who manages the CU Foundation’s endowment?

The Foundation’s mission is limited to supporting the University of Colorado. Therefore, the Foundation does not make grants to external organizations or individuals.

CU’s campus leadership determine which proposed initiatives and projects become fundraising priorities in consultation with the university president and the Board of Regents. Strategies are then developed to seek funding for the priorities.

The CARES (Coronavirus Aid, Relief, and Economic Security) Act is designed to help you, businesses and nonprofits during the global coronavirus pandemic. The CARES Act allows taxpayers who take the standard deduction to make up to $300 of charitable contributions to qualified charities such as the University of Colorado through Dec. 31, 2020. For those who do itemize their deductions, the new law allows for cash contributions to CU to be deducted up to 100% of your adjusted gross income; it also temporarily suspends the requirements for required minimum distributions (RMD) for IRA owners.

Click here for more information, including a brief webinar about how the CARES Act may affect you and your charitable goals.