Cash gifts are the most common and popular means of supporting the Foundation. Making a cash gift is quick, easy and helps provide needed funds immediately. You can make a gift online through our secure page. Or you can make checks payable to the Rowan University Foundation. Indicate on the memo line the specific program you wish to support (for example: scholarships, endowed chairs, etc.). If no program is specified, your gift will support the Rowan Future Fund.

We provide the convenience of fulfilling a commitment over a period of time through multiple credit card payments or automatic pre-authorized withdrawals from your checking account (ACH). Please call the Foundation Office at 856 256-4095 to arrange multiple credit card payments or fill out the ACH authorization form.

If you would like to wire your gift to the Foundation, please use (or have your banker use) the following information:

Wiring Cash Gifts*
To: State Street Bank & Trust Company, Boston, MA
ABA: 0110-000-28
FBO: Rowan University Foundation, Income Account V9X2
DDA Account: 5922-416-2
Attention: Jessica Baker

*To ensure proper handling of cash deposits, please contact Peggy Veacock (856-256-4095) prior to initiating any wire transactions.

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Consider investing in the Rowan University Foundation. Your gift of securities, especially appreciated stock, offers two tax-smart advantages—a charitable income tax deduction and the elimination of a capital gains tax. There are three ways to transfer securities to the Foundation: electronic transfer, US Mail or hand delivery.

Wiring Stock or Bond Gifts*
To: State Street Bank & Trust Company, Boston, MA
From: Broker’s Name
DTC: 0997
For Account: V9X2 * Rowan University Foundation
Agent Bank: 26022
Attention: Jessica Baker

*To ensure proper handling of securities, please contact Peggy Veacock (856-256-4095) prior to initiating any wire transactions.

The most efficient method of making a gift of securities is electronic transfer. If a broker holds your stock, notify your broker that you wish to make a gift of securities to the Rowan University Foundation. Be certain to indicate the name of the stock you want to transfer, the number of shares, and how you would like the gift to be used once it is received by the Foundation. Please have your broker use the following information when wiring securities to the Foundation:

Wiring Stock or Bond Gifts*
To: State Street Bank & Trust Company, Boston, MA
From: Broker’s Name
DTC: 0997
For Account: V9X2 * Rowan University Foundation
Agent Bank: 26022
Attention: Jessica Baker

*To ensure proper handling of securities, please contact Peggy Veacock (856-256-4095) prior to initiating any wire transactions.

You (or the registered certificate holder) should complete the back of the certificate(s), assigning the appropriate number of shares to the Rowan University Foundation. Place the unendorsed certificate(s) and a cover letter (including your name, address, and purpose of the gift) in one envelope. In a second envelope, place a signed, signature guaranteed, stock power form (you can obtain one from your broker or local bank). The stock power form must be signed, but do not complete the form.

Send the two envelopes using registered mail or drop by the Foundation’s office (we’d enjoy meeting you and will provide you with a receipt for the securities).

The Foundation’s mailing address:
Rowan University Foundation
Bole Hall
201 Mullica Hill Road
Glassboro, NJ 08028

For tax purposes, the date of the gift is the date on which the Foundation assumes complete control of the securities. For securities sent through the mail, the gift date is the postmark date on the envelope. For hand-delivered and non-U.S. Mail, the credit date is the date received. For securities held in an account, it is the day it was transferred into our account. The donor receives a full credit of the mean value of the stock on the gift date. The Foundation’s policy is to sell the securities as soon as possible and apply the funds to the purpose specified by you.

It may be to your financial advantage to give a gift of capital assets. Capital assets include real estate, art collections, insurance policies, antiques, jewelry, stamp/coin collections, etc. The advantage of a capital assets gift depends on your circumstances. For example, your estate assets may be distributed over your lifetime in order to reduce future estate taxes.

A charitable gift annuity is a great way to support the University while providing you with a quarterly income, a charitable income tax deduction and professional investment management. A charitable gift annuity allows you to donate assets to the Foundation in exchange for a guaranteed payment for tax purposes as a combination of non-taxable income, capital gains income and ordinary income.

A charitable lead trust is a managed trust that enables you to transfer assets to your heirs at reduced gift and estate tax costs and transfer the full appreciated value of assets to beneficiaries with no further gift and estate tax at the termination of the trust. A charitable lead trust pays an annuity or a fixed percentage of the assets to the Rowan University Foundation for a specified number of years. At the end of this period, the assets are passed on to the beneficiaries named by the donor.

You may name the Foundation as an irrevocable primary or contingent beneficiary (should the primary not survive you) of a new or fully paid life insurance policy. The policy’s cash value at the time of donation is deductible as a charitable contribution. You may also continue paying the premiums after donating a policy, in which case the premiums are tax deductible as well.

Bequests often establish a named gift fund (scholarship, memorial fund, etc.) honoring the memory of yourself or a loved one while assisting the University with its programs in an area of your choosing. In addition to leaving a legacy at the University, naming the Foundation as a beneficiary (or contingent beneficiary) in your will (or your spouse’s will) can reduce the amount of federal estate tax your heirs are assessed.

Act now to take the steps that you need to do to be a good steward of the resources you intend to leave behind. Contact me about any of the creative giving techniques that will help you plan your estate and legacy for future generations

Christopher R. Street
Development Director, Planned Giving & Leadership Gifts

Phone: (856) 256-5421
Fax: (856) 256-4437
street@rowan.edu