There is perhaps no better way to make an impact on both individuals and society than to make a gift to higher education through the Jacksonville State University Foundation. With dwindling state support for higher education, private gifts are critically important to the life of the University. Your gift will help Jacksonville State University uphold its margin of excellence and support its commitments to ensure opportunities for student enrichment and achievement, enhance academic and athletic programs, and be the best undergraduate institution in the state of Alabama.
Although it may seem like a gift of $5 or $100 wouldn't have that much impact, every contribution adds to the total amount of funds available to the university and departments. For example, if 10 donors made gifts of $50 to the Foundation, a $500 award could be given to an outstanding undergraduate in an academic program. That kind of money can make a real difference to JSU students.
Jacksonville State University receives less than 50% of its total operating budget from the State of Alabama. That makes Jacksonville State a "state assisted" institution rather than "state supported." The margin of excellence for all universities is being gained only through the generous contributions and deferred gifts of alumni, corporations, private foundations, businesses, and friends. This will be increasingly true for JSU in the years ahead.
Absolutely! The JSU Foundation has several funds from which you can choose. You can support a specific program, organization, or discipline. Unrestricted monies, however, can make the difference to under-served programs or help create new programs.
Yes. All gifts to the JSU Foundation are tax deductible to the extent allowed by law. There may be special tax advantages for certain types of gifts. The Foundation will be pleased to assist you in determining the best method of giving.
Section 170(l) of the Internal Revenue Code sets values for university ticket priority payments. Twenty percent is allocated to the ticket priority and eighty percent is a charitable contribution. If other benefits (amenities) are covered by the payment, such as tickets, concessions, programs, parking passes, or donor events, the value of these must first be deducted from the payment, and the balance is 80 percent tax deductible. Based on the number of home games and other factors, the amenities value can vary each year.
If you would like to make a gift or pledge to the JSU Foundation, here's how:
If you are uncomfortable sending information over the Internet, you are welcome to send a check or money order (no cash, please) made payable to JSU Foundation to:
Jacksonville State University Foundation, Inc.
700 Pelham Road North
Jacksonville, Alabama 36265-1602
Please provide your name, address, and how you would like your gift credited.
If you are sending a gift in honor or memory of someone, please send the contact information so that the Foundation may notify them of your contribution. Notification letters do not include the amount of the contribution.
Publicly-traded stocks and bonds that have current marketable value will be accepted at any time. Valuation of the gift shall be the average of the high and low trade prices of the security on the day it is irrevocably transferred to the Foundation. Commission and sales costs will be paid from the proceeds of the sale of the security.
The Foundation utilizes a local brokerage house to handle receipt of all securities gifted to the Foundation. Special procedures apply to different types of stock gifts. Donors and development staff should contact the Executive Director at 1-800-231-5291 x 5306 for assistance and instructions regarding any gift of securities.
Founded in 1978, the JSU Foundation is a separate non-profit organization that encourages private support from alumni, friends, corporations, businesses, and other foundations. The JSU Foundation's assets total more than $19 million. Most of the funds are held in permanent endowments, which provide support for student scholarships, fund eminent scholar chairs, and benefit colleges and departments.
The JSU Foundation has a 33 member Board of Directors that includes leading alumni and other business executives from Alabama and from throughout the United States. The Board is charged with the management and allocation of the Foundation's assets as well as the raising of private support through a variety of programs.
The Foundation is seeking additional funds for scholarship endowments, faculty professional development, instructional equipment and for special programs.