Planned Giving

Planned giving often provides an opportunity for significant charitable donations, even for individuals with a limited capacity to make traditional monetary gifts. This also enables you to direct the very last thing you do on this earth to be a gift back to God.

Types of planned giving include:

  • Bequest- A bequest is a gift to the University upon death. This is the simplest type of planned gift to make and one of the easiest to implement.  Bequests are most often handled within a donor’s will. 
  • Beneficiary of Life Insurance or Retirement Plan - PIU can be named the beneficiary of all or a portion of a retirement plan and/or beneficiary of a life insurance policy. This is easy to accomplish by contacting the managing organization and requesting a beneficiary designation form. Some forms for documentation can be accessed directly online. PIU’s tax ID number is 56-0594591. 
  • Charitable Gift Annuity - A charitable gift annuity enables you to transfer cash, physical property, or marketable securities directly to the University in exchange for a current income tax deduction and a promise from the University to make fixed periodic payments to you for life. Learn more
  • Charitable Remainder Trust - A charitable remainder trust is very similar to the charitable gift annuity.  In a remainder trust, however, the property is held in trust for the life of the donor and is transferred to the University at death.  
  • Life Estate - A life estate agreement is an arrangement whereby a donor transfers ownership of a personal residence, farm, etc. to the University while retaining the right to occupy and enjoy the full use of the property for a term of years or the lifetime of the donor(s). 
  • Bargain Sale - In a bargain sale, the University purchases property for less than fair market value or accepts a gift of mortgaged property. The donor (seller) typically qualifies for a tax deduction for the difference between sale price and fair market value.
  • IRA Charitable Rollover - This benefit has been permanently extended. This might benefit some of you as you consider reaching out to us. Individuals over the age of 70½ are required to take “required minimum distributions” each year from most retirement plans, including traditional IRAs. In 2016 and subsequent years, qualified individuals could make transfers up to $100,000 directly to Piedmont International University and satisfy that portion of the required minimum distribution. (Note: Please consult your tax professional and IRA administrator.)

Gifts of Investments and Securities

Consider a gift of appreciated assets to a charitable organization like Piedmont International University.Below are the "Delivery Instructions" needed for your broker or account manager to transfer a gift of stock, mutual funds, etc. to Piedmont:

DTC Eligible Securities:
DTC# 0793
FBO Piedmont International University Account # 4875-9343

Federal Wire Monies:
JP Morgan Chase Bank N.A.
New York, NY
ABA#021000021
A/C# 5157730 – Stifel Nicolaus
FBO Piedmont International University Account # 4875-9343
If you need additional information or assistance, please contact us at 336-714-7937 or development@piedmontu.edu

Gifts in Kind

 A gift-in-kind is a donation or contribution of items that add value to the Piedmont educational experience. When received, any gift-in-kind becomes the property of Piedmont International University and we will decide the best use of the gift.  We will consider using the gift to enrich a specific area of campus, but we also reserve the right to sell, exchange or discard items that do not match our current needs. Examples of a gift-in-kind could include but not be limited to book collections, office equipment, building supplies, vans, cars, busses and artwork. To make a gift-in-kind, please email  development@piedmontu.edu or call 336.714.7955

 

If you would like additional information about how any of these gift options can help you accomplish your financial, estate, and charitable objectives, please contact the Office of the President or The Office of Development

Petitt, Dr. Charles Petitt

President

336.714.7995
Office: Grace Hall
petittc@piedmontu.edu

Special Project Needs

Many of our donors enjoy giving toward very specific needs around campus.  We have compiled the following list of a few of the immediate needs around campus to make such donations as convenient as possible.  

  Item Description  Quanity Needed Unit Price  

 

24" Snow Blower

1

$900

 

 

iMac Computers (for student use)

2

$1,400

 

 

Moveable HD Camera (for flipped classes)

2

$1,800

 

 

Science Lab Upgrades

1

$200,000

 
         

 

To contribute toward these needs, please identify the specific item(s) in the "Comments" box as you make your secure online gift. 

New Legislation Signed by President Obama

 

The IRA Charitable Rollover has been permanently extended by Congress and was signed into law by the President. This might benefit some of you as you consider reaching out to us. Individuals over the age of 70½ are required to take “required minimum distributions” each year from most retirement plans, including traditional IRAs. In 2016 and subsequent years, qualified individuals could make transfers up to $100,000 directly to the Piedmont International University and satisfy that portion of the required minimum distribution. (Note: Please consult your tax professional and IRA administrator.)

 

PIU's fiscal year runs from July 1 - June 30. If you'd like to make an outright cash gift, you can drop a check in the mail using the address below. Gifts of appreciated assets, such as stocks, may be given by following the instructions above or by calling (336) 714-7987. To give online, click the donate button and follow the instructions.