Gifts made to the University Libraries before midnight December 31, 1996 are eligible for charitable income tax deductions if you itemize. A cash gift may be designated for the University Libraries in general, or may be directed to a specific library within the system. Gifts of appreciated stocks or bonds can give you additional tax savings if you have owned them for a year and a day. A gift of $100 in appreciated securities incurs no capital gain on the securities, and you may still take a charitable deduction for the full $100.
If you wish to contribute cash, please contact Linda Perrone at 486-0451; if securities, contact Ed Beyer at the UConn Foundation, 486-1203. Giving to long-range estate and financial planning vehicles can also be convenient and economical. Nancy Schroeder can discuss such planning with you, 1-800-269-9965.
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