Non-cash gifts to the DFNC can take a variety of forms, including but not limited to publicly-traded or closely-held stocks, bonds, real estate, and other kinds of property.
Income tax deductions will equal the fair market value of the security or property at the time of the gift and are fully deductible up to 30% of your adjusted gross income for the year. Excess of the 30% deduction can be carried forward up to five additional years.
If you are interested in making a gift of securities (stocks or bonds), please call or email Tina Zimmerman, UNC's stock coordinator, for further instructions. BE SURE to indicate that your gift is for the School of Dentistry through the DFNC.
Tina Zimmerman, Stock Coordinator
Office of University Development
Post Office Box 309
Chapel Hill, North Carolina 27514-0309
Students took the first UNC dental rotation to Malawi in summer 2004, teaching children the importance of oral hygiene. Their trip was subsidized through private donations to the DFNC.
A note on securities valuation: Securities are considered donated to the DFNC on the date the certificate and stock power pass unconditionally from your control to UNC's or the date the securities are transferred directly to a UNC account. For listed securities, the value of the gift is the market value of the stock calculated by taking the mean between the high and low quotations for the stock on the date it was donated.
For inquiries on all other gifts of real property, please contact Paul Gardner, executive director, at 919-537-3257 or firstname.lastname@example.org.