Making Your End-of-Year Gift
We’ve compiled the information below to facilitate donors making year-end gifts that will meet the IRS guidelines for a 2023 tax deduction.
Be aware that Friday December 29, 2023 is the last business day of the year. Certain contributions must be received by the Foundation before the close of business on December 29, 2023 to be eligible for a 2023 tax deduction.
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We encourage all donors to make their contributions online. This method is safe, secure and speedy. If the intended fund is not on the giving website all donors the ability to add fund information. Donors can make online contributions up until 11:59 p.m. MST on December 31, 2023. |
Contributions that must be received by the Foundation by 5 p.m. Friday, December 29, 2023
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CONTRIBUTION TYPE |
ACTION NEEDED |
TIMING |
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STOCK TRANSFER |
-Donors should fill out the stock/wire transfer form [insert link] with gift details (this information is crucial to processing a stock gift). Upon receipt of the completed form, the Foundation will provide stock transfer instructions.
-Donors should initiate a transfer request to the firm holding the securities that will be transferred. |
-Transfer time may take 3-5 days.
-Shares must be received in the Foundation’s brokerage account on December 29. |
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WIRE TRANSFER |
-Donors should fill out the stock/wire transfer form [insert link] with gift details (this information is crucial to processing a stock gift). Upon receipt of the completed form, the Foundation will provide wire transfer instructions.
-Donor submits a transfer request to their financial institution to wire the funds. |
-Transfer time may take 2-3 days.
-Funds must be received by the Foundation on December 29. |
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Credit card (not online gift) |
-Donor or Advancement call 303-541-1290 with credit card information OR -Credit card information sent by mail or courier |
Credit card information must be received by Foundation staff no later than 5 pm on December 29. |
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In Person at 1800 Grant Street |
-Donor or Advancement brings contribution to 1800 Grant Street |
Contributions must be dropped off in the Foundation’s office no later than 5 pm on December 29. |
Contributions with a December 31, 2023 deadline
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CONTRIBUTION TYPE |
ACTION NEEDED |
TIMING |
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Checks |
-Checks must be deposited on the USPS and mailed to University of Colorado Foundation P.O. Box 17126. Denver, CO 80217-9155. |
Checks must have a postmark no later than December 31. |
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Online Gifts |
Go to https://giving.cu.edu/ to make a gift. |
Credit card gifts must be charged before 11:59 pm MST on December 31. |
Thank you for supporting CU and happy holidays!
For questions or assistance:
Call: 303-541-1290 / Email: gifts@cufund.org
Additional Assistance: Visit our Contact Us page
Click here to learn more about the many ways to give to CU
IRS Circular 230 Notice: The University of Colorado System does not provide individual legal, tax, or financial advice. Consequently, we urge you to seek the advice of your own legal, tax, or financial professionals in connection with gift and planning matters. This communication is not intended or written to be used and cannot be used for the purpose of avoiding tax-related penalties.