Planned Giving FAQs - Avila University

Planned Giving

Planned Giving Frequently Asked Questions (FAQs)

Here we have listed some common questions that we encounter while working with donors wishing to make planned arrangements. While we hope these answers are helpful, they should not be taken as financial advice. Always speak to a financial advisor or estate planner for guidance tailored to your situation.

If you have any questions regarding planned gifts, please contact Christopher Hotchkiss with the Department of Advancement at (816) 501-3602 or Christopher.hotchkiss@avila.edu.

Tax ID: 44-0617326

General Planned Giving

What is the latest I can send a planned gift for it to count as a charitable contribution in 2024?

Providing a gift (IRA, Stock/Securities, DAF, etc.) is received or post-marked before December 31, 2024 (midnight), we can recognize it as a charitable contribution in that calendar year and will state as much in the tax letter sent.

I didn’t receive my tax letter for a contribution. How can I secure one?

We issue tax letters to all donors after the gift has been received. In the case of stock/securities gifts, it can take about two weeks to process. If you don’t receive a letter, contact Christopher Hotchkiss at the Advancement Office to confirm details or provide missing information.

Can I donate cryptocurrencies (Bitcoin, Ethereum, etc)?

At this time, we are not accepting donations of this kind.

My financial officer says I don’t need to fill out Avila’s forms when making a gift.

Finance offices rarely include full beneficiary info. We ask all planned donors to send the appropriate paperwork ahead of time to prevent delays or misdirection. This is especially important for split gifts where precise allocation is needed. All forms (DTC instructions, contact info, mailing address) are available on our site.

Plannned Giving Forms

IRA Gifts

My financial officer says they can’t put all the needed information on an IRA check. What’s the minimum we can include?

If the check is made out to “Avila University” and we have a completed QCD form on file, we can direct the funds appropriately. Please mail it to:
Avila University
11901 Wornall Rd
Kansas City, MO 64145

What kind of check qualifies as a QCD?

The gift must come directly from an IRA with supporting beneficiary documentation. Checks or cashier’s checks funded by cashed-out IRA funds do not qualify. Gifts received this way will be treated as standard cash donations.

Stock and Securities

Why can’t a donor sell shares and donate the proceeds?

You can, but selling shares can create a taxable event. Donating the appreciated shares directly allows you to avoid capital gains tax and maximize your contribution’s value.

Land and Real Estate

Can I donate my car to Avila University? What about other material goods?

We do not accept vehicle donations at this time. For other material goods, please contact us first to confirm they are items we or our community can use effectively.