What are memorial and honorary gifts?
Memorial and honorary gifts recognize a loved one or someone influential to the donor. Any gift of any amount can be designated as an honorary or memorial donation.
Memorial and honorary gifts recognize a loved one or someone influential to the donor. Any gift of any amount can be designated as an honorary or memorial donation.
A pledge commitment is a promise by a donor to pay a specified amount in full over a predetermined time period, usually no more than five years.
Payroll deduction is offered to CU faculty and staff as a simple and easy way for you to make a powerful statement about your commitment to CU’s future. This recurring gift is automatically deducted from your paycheck each month, and can be set up, changed or cancelled at any time.
A volunteer Board of Directors has fiduciary oversight, elects the officers of the Foundation and appoints the chief executive officer. The CU president, a representative of the university’s Board of Regents, and another university designee serve as non-voting members of the Foundation’s Board of Directors.
The CU Foundation manages thousands of individual endowments that generate an ongoing source of support for various university priorities — such as scholarships, research or faculty support — specified by endowment donors. Endowments are invested collectively in the Long Term Investment Pool, or LTIP.
An endowment typically needs to be funded at a minimum level of $25,000 (though minimums may vary by campus or programmatic category) in order to actively support the specified CU program. Once that occurs, the endowment distributes 4% of its average fair market value each year to the specified CU program.
Click here to learn more about the specifics of CU's endowment.
The CU Foundation’s volunteer Investment Policy Committee provides fiduciary oversight and determines investment policy. Currently, the Foundation relies on Agility, the Foundation’s outsourced CIO, and its highly qualified and experienced team, to manage the portfolio on a day-to-day basis, according to the policies and asset-allocation guidelines set by the Investment Policy Committee.
The CU Foundation is a 501(c)(3) charitable organization. All gifts to the Foundation are tax-deductible to the fullest extent of the law, but circumstances vary depending on each donor’s individual financial situation. You should consult with your tax attorney/advisor concerning the deductibility of your gift.
A recurring gift is a fixed amount given on a regular periodic schedule, such as monthly, quarterly or annually. This gift continues in perpetuity until the donor requests to cancel or change it.
The University of Colorado Foundation is a 501(c)(3) nonprofit organization, and its federal tax identification number (EIN) is 84-6049811.
The Foundation is the entity that receives, manages, and stewards philanthropic gifts on behalf of the University of Colorado's four campuses — CU Boulder, CU Anschutz, CU Denver, and UCCS. Gifts to the Foundation are tax-deductible to the fullest extent allowed by law; your individual deduction depends on your circumstances, so please consult your tax advisor.
For a gift receipt or written acknowledgment of your contribution, contact the Foundation at:
University of Colorado Foundation
1800 Grant Street, Suite 725,
Denver, CO 80203 303-813-7935
You can verify the Foundation's tax-exempt status by searching its EIN (84-6049811) on the IRS Tax Exempt Organization Search at irs.gov.
The state of Colorado provides a small percentage of the university’s operating budget. Private support is an important and increasingly fundamental component of CU’s budget. Targeted donor support for strategic priorities allows the university to attract and retain the best and brightest faculty, provide scholarships, build first-class facilities and direct education and research toward meeting community needs and solving society's most pressing challenges.