Welcome from our Director
On behalf of the School of Education, I would like to welcome you to examine our programs, centers, and offerings, all of which exist because of your continuing generosity. Gifts such as yours ensure that we are able to graduate teachers, counselors, administrators, and other educational leaders who serve the Commonwealth of Virginia and beyond, especially in critical shortage areas such as elementary education, and mathematics and science education. Gifts to the School of Education also increase our ability to sustain academic programs, support student research, enhance our teaching spaces, and help recruit and retain the very best students into our distinctive graduate programs. With nearly $25M in sponsored research projects underway, our faculty and students are demonstrating what it means to be life-long learners and servant leaders each and every day. Together, we are, indeed, changing the world.
Kristin M. Gehsmann, Ed.D.
Professor and Director, VT School of Education
What Your Gift Creates
Our students benefit from gifts and support generously provided by our alumni and friends who invest in expanding scholarship, learning, and research opportunities. Thanks to your gifts, our community continues to grow and thrive.
Issues of equity and access dominate today's education conversations. Our advocacy for and commitment to social justice and equity in education is steadfast.
Theory and research inform our practice, and practice informs our ongoing learning. Our faculty are leaders in research in their fields. Your gift supports their work, and expands their abilities to develop, support, and encourage aspiring educators in all fields, encouraging and enabling a commitment to life-long learning.
Ways to Give
There are many ways through which the School of Education can be supported -- possibly more than you realize. The generosity of our alumni and friends makes the success of our educational mission possible.
Your gift can go to work at Virginia Tech and the School of Education as soon as it is received. And, for many of the gifting options, you can immediately enjoy full income tax benefits. Every gift is unique, so you will want to consider your individual goals and tax implications when you select the asset for your gift.
For major gifts or other assets, please contact the CLAHS Assistant Dean of Advancement, Dan Cleveland, via email or by calling him at 540-231-5380.
You can contribute on a personalized schedule by making a pledge, payable over as many as five years. Virginia Tech will use your payment when it is received and you will realize the tax benefits of each payment in the year it is made. The university sends you a receipt for each payment as well as periodic reminders of pledge balances and future payments.
Your gift of appreciated securities – stocks, bonds, or mutual funds – can provide significant tax benefits that reduce the net cost of your gift when compared with an equal gift of cash. Stock not traded publicly may also be donated, although both the donor and the foundation must exercise greater care in making the gift. Before making any outright gift of appreciated securities, contact the Office of Investments and Debt Management at (540) 231-7094. Before transferring any kind of securities to fund a life income gift, contact the Office of Gift Planning at (540) 231-2813 or (800) 533-1144.
If you have held a security or a parcel of real estate for more than one year, donating this appreciated asset in lieu of cash can be a tax-wise decision. Such a gift can bypass the capital gains tax and, in most instances, provide an income tax charitable deduction for its full fair market value, regardless of what you paid. If you wish to bypass the capital gains tax on an appreciated asset, it is critical that you transfer the asset directly to the Virginia Tech Foundation Inc. Do not sell securities, real estate, or other appreciated assets in your name and donate the proceeds, as that would constitute a cash contribution on which you would be subject to applicable capital gains tax.
One way to maximize your gift to Virginia Tech is to check with your employer’s personnel department to see if it is one of the many companies that have a matching gift program. By following your company’s guidelines, the value of your gift may be doubled or tripled. Many companies make this benefit available to employees, employee spouses, retirees, and board members.
Gifts-in-kind are items of tangible personal property such as art, books, computer equipment, and automobiles. They are donated for related educational purposes and are recorded at their fair market value.
Real estate gifts can be a tax-wise way to support Virginia Tech since they can be donated without paying any capital gains taxes. Moreover, if a donor has held the property for more than one year, he or she can claim a tax deduction based on its fair market value — even though it was purchased for only a fraction of that amount. (Property held less than one year also can be donated, qualifying for a deduction typically based on what the donor paid for it.) There are a variety ways in which real estate can be donated. It can be used to make an outright gift, allowing an endowment, capital project, or other needs to be funded right away. It can be used to fund a life income gift, paying the donor, and perhaps others, an income stream for life with the remainder then being used to support Virginia Tech. Donors also can contribute a remainder interest in a residence or a farm; this enables them to make a gift to Virginia Tech today while still living in their house or on their farm for the rest of their lives. While the requirements to make a real estate gift vary, depending on the type of gift being considered, they typically require at least three steps — an appraisal of the property’s value, an assessment of any environmental risks posed by the property, and the preparation of a deed that actually transfers the property.
You can make a gift of life insurance in various ways. A paid-up policy you no longer need for its original purpose can be cashed in to benefit the university immediately, to establish an endowed fund, or to help fund a capital building project or other pressing need. A current policy (on which premiums are being paid) can be donated as well. For you to receive tax benefits, the ownership of the policy must be transferred to the Virginia Tech Foundation Inc. Premiums you continue to pay after transferring such a policy are also tax deductible. If you wish to retain ownership of your policy, you can designate the Virginia Tech Foundation Inc. as a beneficiary. While there is no immediate tax benefit, your future gift will benefit the university as you direct. You can even create a new policy with a specific purpose in mind for Virginia Tech.
From lab materials to software to scholarships, the day-to-day operations of the university depend on consistent, reliable support from people like you. What’s more, annual giving will play a critical role in The Campaign for Virginia Tech: Invent the Future as dependable giving by our most loyal supporters will help us reach our goals to improve academic excellence, enrich the undergraduate experience, build new research and academic facilities, and reach out to our many constituencies. Annual giving by alumni, faculty, and staff also plays a role in Virginia Tech’s academic rankings and its ability to earn funding from many foundations. Strong levels of annual giving demonstrate the loyalty and support of the whole Virginia Tech community.
A planned gift may enable you to satisfy personal financial planning needs in addition to providing the college with important, long-term support. Some plans may provide income for life (or a term of years), an immediate income tax charitable deduction, avoidance of capital gains tax, and professional asset management (if the University serves as trustee). If a gift is made through your will, you obtain significant estate tax benefits.
In writing your will or living trust, you can specify that you would like your estate to benefit the School of Education at Virginia Tech.