Other Kinds of Gifts
TSTC gladly accepts and receives gifts of cash
and equipment. In addition, there are other gifts which some individuals
like to make. Please review the list below for your gift interest
and contact the person listed.
Honorary and Memorial Gifts A gift in honor/memory of a loved one, friend,
or acquaintance is a considerate and generous way of recognizing
someone dear to you. When you make an honorary or memorial
gift, please accompany the gift with a note specifying the
honoree’s name. We will oversee your donation seeing
that it is administered as you wish and, if appropriate, we
will send a note acknowledging the gift to an appropriate
living family member. Please send your honorary or memorial
gift to the location of your choice.The contact information
for the resource development officers is provided at the end
of this page.
Real Estate If you donate real estate as an immediate gift,
your gift provides you with a charitable deduction. TSTC will
evaluate all real estate for its usefulness and/or marketability
and for any potential environmental concerns. For more information,
please contact Tara Odom. Her contact information is provided
at the end of this page
Wills Bequests to TSTC may be deducted from your
taxable estate. A simple way to accomplish this is by executing
a codicil (amendment) to your will. This simple signed, dated,
and witnessed paragraph will be attached to your will without
having to redraw the original. An amount, percentage, or remainder
can be designated for TSTC and a purpose can also be stipulated
for the use of the bequest. Please contact Tara Odom. Her
contact information is provided at the end of this page.
Life Insurance
A donation of one’s life insurance policy
is both superbly generous and quite beneficial for both parties
involved. Here are some examples:
- Assign TSTC as the owner and beneficiary of a policy that is
paid in full.
- Assign TSTC as the owner and beneficiary of a policy that is
NOT paid in full and your policy's value, as well as your annual
payments, may be tax deductible.
Please contact your insurance agent, attorney,
and/or Tara Odom. Her contact information is provided at the
end of this page.
Securities You may transfer long-term securities (stocks
and bonds) to TSTC. Please consult with your tax advisor for
details. Then, contact Tara Odom. Her contact information
is provided at the end of this page.
Trusts
Trusts come in many varieties and are an excellent
way to preserve your assets; increase your current income; reduce
income, estate, and capital gains obligations; and avoid the costs
and public scrutiny of probate. Your attorney, accountant or financial
advisor can provide more details. Then, contact Tara Odom at (254)
867-4897 if you are interested in this form of giving.
Charitable Gift Annuities
A Charitable Gift Annuity represents an excellent
way to provide a charitable gift to TSTC while you receive
an income for life. Please contact Tara Odom. Her contact
information is provided at the end of this page.
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