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WAYS TO GIVE
On-Line:
Use your VISA or MC to make your gift on-line. Simply go to the Gift Form page.
Check:
Complete, then print the gift form and mail it, with your check made payable to Salve Regina University, Development Office, 100 Ochre Point Avenue, Newport, RI 02840.
Electronic Funds Transfer:
Salve will set up a monthly electronic funds transfer through your credit card. To request an electronic transfer form, contact Nancy Peresta, advancement services officer, at (401) 341-2341.
Wiring Money to Salve:
You may wire your gift to Salve by visiting your bank and requesting the funds be transferred to Salve Regina University. Please let the development office know that you are initiating a wire transfer by notifying Vic Landry, director of advancement services at (401) 341-2146.
You will need to provide your bank with the following information:
Your name and address
Name of Salve's bank: Bank of America, Providence, RI
Salve's account number: #09355-11126
ABA number: #0260-0959-3
Designation: Salve Regina University, Unrestricted Checking Account
Note: most banks charge a wire transfer fee and the amount received and credited as a gift to Salve will be net of these fees.
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, the donor pays no tax on the capital gains. Furthermore, the donor can earn a charitable deduction for the fair-market value of the contribution up to a 30% limit of his or her adjusted gross income. Any excess deduction can be carried over for up to five years. By contrast, if a donor sells appreciated stock to make a gift to the university (rather than giving the stock itself), the donor will have to pay tax on the capital gains.
If stock is held in a brokerage account, the stock may simply be transferred:
Salve's broker:
Oppenheimer & Co., Inc.
PO Box 1910
Fall River, MA 02722
Contact:
Bernard Taradash, (508) 324-4450 or (800) 901-3308, Fax (508) 324-4460
Oppenheimer DTC Clearing number: 0571
Salve Account number: A390011615
When transferring stock electronically, please notify Salve's development office in advance by contacting Vic Landry, director of advancement services (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 the following address: Salve Regina University, Development Office, Attn: Victoria Landry, 100 Ochre Point Avenue, Newport, RI 02840. For questions on contributing stock certificates contact Vic Landry, director of advancement services (401) 341-2146 landryv@salve.edu.
Note: Gifts of securities are credited at market value on the date the university gains control of the assets.
Corporate Matching Gifts:
Many companies will match employee's gifts to educational institutions. This is a excellent way to double and sometimes triple your gift to Salve. Many companies also match gifts from employee 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, Development Office, 100 Ochre Point Avenue, Newport, RI 02840. If you have any questions, contact Nancy Peresta, advancement services officer (401) 341-2341.
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 Development Office can explain the range of options available, contact Michael Semenza, vice president, institutional advancement (401) 341-2465.
Planned Gifts:
Gift annuities, charitable trusts and gifts of life insurance are considered planned gifts. Planned gifts often provide attractive tax advantages and other financial benefits. For information on establishing a planned gift, please contact Katherine Horoschak, Director of Major Gifts and Planned Giving, at (401) 341-2438.
Bequests:
For many donors, a bequest is the most significant gift they can make to the university. A bequest removes assets from the donor's 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 is another terrific way of remembering Salve in estate plans. For information on establishing a planned gift, please contact Katherine Horoschak, Director of Major Gifts and Planned Giving, at (401) 341-2438.
Tax Identification Number: Salve Regina University's tax identification number is 05-0259080
Grants and Research As Salve Regina University grows with the addition of new departments and education centers, the physical needs of the campus and the financial needs of the student body are met, in part, through grants from private foundations and gifts of major corporations.
The university actively seeks such things as endowment funds for scholarships, sponsorship for its many educational outreach projects, grants to enhance technology resources, and capital funds for new construction and continued restoration of the existing campus buildings.
For more information, contact Kathryn Lillie, grants officer, at (401) 341-2158.
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