Giving OptionsThe Baylor Bear Foundation offers a variety of giving options by which members can strengthen and influence the future of Baylor's 17 sports programs. To become a member of the Bear Foundation and obtain donor benefits, the Foundation encourages you to complete your payment prior to the beginning of the membership year as our annual gift to Baylor University is traditionally presented the last week in May. The 2001 Baylor Bear Foundation membership year runs from June 1 through May 31, 2002. Cash Donations Cash or checks are always acceptable. Gifts are receipted by Baylor and acknowledged by the Baylor Bear Foundation. All checks should be made payable to the Baylor Bear Foundation. Credit Cards The Bear Foundation currently accepts Visa and Mastercard. It is important to list the name of the card holder, the account number and the expiration date on the pledge card. Bear-A-Matic Bank Drafts This method of payment is a debit system which spreads your gift over a time period by arranging for an automatic withdrawal from your checking account on the 15th of each month. After the initiation of your gift, you will receive confirmation of the monthly withdrawal through a notation on your bank statement. Please check the appropriate box in the billing information area on your pledge card, and the necessary information will be sent to you. Drafts run from June 2001 to May 2002. Matching Gifts Some companies will match gifts to the Baylor Bear Foundation. Matching gifts allow you to increase your contribution level at no cost to you. Please consult the benefits office at your place of employment. If your employer will match gifts to athletic scholarships, please enclose your company's form with your contribution. Gifts of Real Property and Securities Gifts of real property and securities are acceptable and may provide some tax advantages for you as a donor. Gifts of real estate must be reviewed by the University's real estate committee before they can be accepted. Planned or Deferred Giving The Baylor Bear Foundation can be named beneficiary in deferred gifts in the form of charitable remainder trusts, wills, gift annuities, bequests and insurance policies. The Baylor Bear Foundation along with the Baylor University Development Office will work with you in this regard. Endowments and Facility Capital Gifts The Athletic Department depends on gifts for endowments and facilities, however these gifts do not qualify for Bear Foundation benefits. Tax Information A portion of your contribution is tax deductible. Additional information will appear on your gift receipt. Please consult your tax advisor to see how this applies to your specific situation. |