The tax year end is fast approaching. Donors will appreciate help in expediting their contributions so they are able to claim the tax credits they expect. Donors and stewards should plan ahead to comply with any changes to the 2010 tax code. Ref. www.irs.gov/
If you plan to be away from your work area between now and the middle of January, please ensure you have enlisted someone to examine your incoming mail for gifts from donors and to forward such items to the Foundation for processing quickly.
VERY IMPORTANT NOTES:
1 - Do not discard any envelopes in which gifts arrive. Bring both the envelope and check to a Foundation office.* If you destroy or discard the envelope, you destroy your donor’s proof of timely giving.
2 - From now until the end of the year, when you transmit donors’ gifts to be processed by the CU Foundation – DO NOT USE CAMPUS MAIL. Gifts must be either hand-delivered or sent via U.S. Postal Service. Please use our downtown mailing address below*
3 - CU Foundation Offices will be CLOSED Dec. 24 and Dec. 31
4 - Deadlines for various gift forms:
Credit Card Gifts - If a donor wishes to give by credit card, the information must be in a Foundation office by close of business on Wednesday, Dec. 29, 2010. Credit card donations also may be submitted online at http://www.cufund.org/giveonline/ by 11:59 p.m., Friday, Dec. 31, 2010.
Check Gifts - must be received in a Foundation office by 12 p.m. (noon) on Thursday, Dec. 30, 2010. For those gifts that are not received in the Foundation office before the end of the year, the donor receipt will reflect the date of postmark. If there is no postmarked envelope, the receipt will reflect the date the check is received by the CU Foundation office.
Cash Gifts - must be received in the Foundation office by 4 p.m., Wednesday, Dec. 29, 2010.
Stock Gifts - Many institutions are closed around the holidays or have reduced staffing. To ensure calendar year 2010 gift credit, please advise your donors to initiate their transfers before Tuesday, Dec. 14, 2010. The Foundation receipts are based on the day the stocks are received into the Foundation’s UBS Financial Services Inc. account, not the date the donor instructs their broker to send stock. Also, any stock certificates mailed and post-dated on or before Dec. 31, 2010, are receipted for 2010. If you receive stock certificates by mail, be sure to bring the certificates and the envelope to a Foundation office. If stock certificates are hand-delivered, they must be dropped off by 12 p.m. (noon) on Wednesday, Dec. 22, 2010 to ensure enough time to process for the 2010 gift credit.
5 - Please feel free to call if you have any questions 303-315-3601 or 303-541-1290.
Wishing you all a beautiful holiday season,
Your UC Denver Development Staff
*CU Foundation Office Locations
1380 Lawrence Street, Suite 1325
Denver, CO 80204
Anschutz Medical Campus
Building 500, Ground Floor, WG102
303-724-4696 (or call downtown 303-315-3601)