Frequently Asked Questions
Here are answers to some common questions about how we handle gifts to the University of Florida College of Medicine-Jacksonville via the UF Foundation.
Who handles my gift?
A gift made to a college, department or other UF unit is sent to the UF Foundation Records Department for immediate deposit. UFF sends you a receipt/gift acknowledgement as soon as your gift has been received. Save these receipts for your tax records.
What if I receive goods or services in connection with my gift?
The IRS requires that we inform you, via your gift receipt/acknowledgement, of the value of any goods or services you may have received along with the resulting value of your contribution.
What do you do with my gift?
The foundation maintains more than 3,200 separate funds that hold gift money. Your gift may be placed in an established fund, which is administered by a UF fund administrator (a staff or faculty member). Gifts of appropriate sizes may be placed in newly created funds that will accomplish your wishes.
Can I give something besides cash?
The foundation is equipped to handle many types of noncash gifts. These include:
Publicly traded securities
The value of your stock gift depends upon market value at the time the gift is made.
The foundation accepts gifts of real estate.
The foundation accepts gifts of personal property, such as books, artwork, computers, boats, etc.
Memorial or honorary contributions
You may wish to make a gift in honor of a special individual. We will notify him or her or the family of your generosity.
Wills and trusts
We have charitable gift experts who can assist you and your advisers to plan a bequest, establish a charitable trust or fund a gift annuity that benefits you, your heirs and the University of Florida.
Corporate matching gifts
Many employers will match gifts from their employees to the University of Florida. You can double or even triple your gift using a corporate match.
To find out if your company has a matching gift policy, please click here.
What if I'm a member of the UF faculty or staff?
UF faculty and staff may make charitable contributions to any fund at the Foundation as any other donor, or through payroll deduction. Please contact your department's personnel director for assistance.
Gifts in lieu of honoraria
As a faculty member, you may endorse your honoraria checks to the UF Foundation as a gift from you.
If you have other questions about your gift support or would like further information, please contact us.
In-depth review of ways to give
Visit the University of Florida Foundation for more details.