Use your VISA or MasterCard to make your gift online through the Gift Form.
Print and complete the gift form, then mail it, with your check made payable to Salve Regina University, Office of Advancement, 100 Ochre Point Ave., Newport, RI 02840.
Electronic Funds Transfer
Salve Regina can set up a monthly electronic funds transfer through your credit card. To request an electronic transfer form, contact Timothy Conley, associate director, at (401) 341-2146.
You may wire your gift by visiting your bank and requesting the funds be transferred to Salve Regina. Please let the office know that you are initiating a wire transfer by notifying Timothy Conley, associate director, at (401) 341-2146.
Gifts of Real Estate
Real estate may be contributed as an outright gift or to finance a planned gift, such as a charitable trust. The Office of Advancement can explain the range of options available. For more information, contact Michael Semenza, vice president for university relations and advancement, at (401) 341-2465.
Gifts of Stock
Gifts of appreciated stocks are a tax-wise way to support the University. When making a gift of appreciated stock, bonds or stock options, you pay no tax on the capital gains. Furthermore, you can earn a charitable deduction for the fair-market value of the contribution up to a 30 percent limit of your adjusted gross income. Any excess deduction can be carried over for up to five years. By contrast, if you sell appreciated stock to make a gift to the University (rather than giving the stock itself), you will have to pay tax on the capital gains. If stock is held in a brokerage account, the stock may simply be transferred.
Salve Regina’s broker:
Oppenheimer & Co., Inc.
PO Box 1910
Fall River, MA 02722
Toll-free: (800) 901-3308
Office: (508) 324-4450
Fax: (508) 324-4460
When transferring stock electronically, please notify the office in advance by contacting Tim Conley at (401) 341-2146. This will allow your gift to be identified when it arrives.
If you physically hold the shares, the University needs to receive the stock certificate and a stock power. This stock power must include a guaranteed signature and should, for security reasons, be sent in a separate envelope from the actual certificate. Both items should be sent to Salve Regina University, Office of Advancement, Attn: Katherine Horoschak, 100 Ochre Point Ave., Newport, RI 02840. For questions on contributing stock certificates, contact Katherine Horoschak at (401) 341-2438.
Please note: Gifts of securities are credited at market value on the date the University gains control of the assets.
Establishing a named scholarship or naming a room or building leaves a lasting legacy by helping students, building the endowment or enhancing the campus. You are invited to create your own legacy, make a gift in memory or honor someone dear. For more information about named gifts, including buildings, rooms, scholarships and paving stones at the Rodgers Recreation Center or the Spiritual Life Center, contact Katherine Horoschak at (401) 341-2438.
Many companies will match their employees’ gifts to educational institutions. This is an excellent way to double and sometimes triple your gift to Salve Regina. Many companies also match gifts from employees’ spouses and retirees. Contact your company’s personnel or human resources department to find out if your company has a corporate matching gift program and to get the appropriate form. Fill out your information and return the form to Salve Regina University, Office of Advancement, 100 Ochre Point Ave., Newport, RI 02840. If you have any questions, contact Nancy Peresta, advancement services officer, at (401) 341-2341.
For many donors, a bequest is the most significant gift they can make to the University. A bequest removes assets from your estate and reduces its exposure to federal taxes. Bequests and other expectancies can be designated to a specific area of support such as scholarships or endowment. In addition, designating Salve Regina a beneficiary of a retirement account or life insurance policy is another way to remember the University in estate plans. For information on establishing a planned gift, contact Katherine Horoschak, senior director of leadership development, at (401) 341-2438.
Please note: Salve Regina’s tax identification number is 05-0259080.