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Home > About BSU > Institutional Advancement > Development
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Development

The Office of Development is responsible for coordinating all fund raising to benefit the University, including annual giving, major gifts and planned giving.

Why Support Fund Development

Today the driving force behind an educational institution's growth is the ability to generate a steady stream of dollars that will sustain the university’s programs and infrastructure through times of budget shortfalls and limited finding. The Office of External Relations in conjunction with efforts from the Development Office is the engine that embodies the capital campaigns, annual fund drives, alumni activities, endowments, Friends & Fundraising events. The fundraising opportunities help the university in many ways because they support the university's 15 million dollar capital campaign effort to build a stronger BSU.

Ways to Give

Gifts

Cash, stocks, bonds, real estate, tangible personal property (gift-in-kind) are the suggested assets for funding. Donor transfers assets to Bowie State University Foundation, the benefits to donor are tax deduction based on the value of the gift and avoidance of tax on capital gains.

Pledge

A pledge is a gift made over one or multiple years through a written agreement with the University. There is no tax deduction until the gift is made.

Matching Corporate Gift

Any negotiable gift such as cash stocks, bonds. You must send your company’s matching gift form and information with your gift. Benefit to donor is tax deduction of individual gift.

Gift-In-Kind

Works of art, rare books, stamps or coin collection. Donor transfers assets to the BSU Foundation. Benefits to donor are tax deduction based on value of gift, if use is related to BSU. If use is unrelated to BSU, the tax deduction is limited to the cost of the gift. There is an avoidance of tax on capital gains.

Payroll Deductions

BSU Faculty and Staff can make charitable contributions to the following projects: the Annual Fund, Brick Pavers Program, Milestone Campaign, etc., at BSU Foundation through payroll deductions. To initiate a payroll deduction please contact the Office of External Relations at 301.860.4300.

The donor should indicate the total amount to be deducted biweekly, the fund number, and the name of the program being supported. Payroll deductions are made from 2 pay periods annually. Payroll deductions will continue until an employee terminates or until a letter is submitted by the employee requesting to stop the deductions.

 

 

 

 
 
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