Gifts to the FSU Foundation support the educational mission of Frostburg State University. A gift may be designated to a specific fund or to the Annual Fund (unrestricted). Choose from the options below to make your pledge or gift to support Frostburg State University now.
Use a Credit
Card (On-Line) One-time and Recurring (annual, semi-annual, quarterly, and monthly) payment options
available.
Send a Check
Fill out the form (Adobe PDF Format), designating amount and area. Send a print-out of the form with your check made payable to the FSU Foundation, 101 Braddock Rd, Frostburg MD 21532-2303.
Phone in your Gift
If you prefer, call the Development Office at 301/687-4161 to make your gift/pledge by phone.
Matching
Gifts
FSU Employee Payroll Deduction
The Central Payroll Bureau allows FSU employees to designate contributions through payroll deduction to the University System of Maryland Foundation, Inc.
EFT (Electronic Funds Transfer)
Automatic monthly transfer from personal checking or savings accounts.
Electronic Stock Gifts
Electronic transfer of stocks/bonds held by investment companies.
Donor Advised Funds
These are professional investment accounts with a registered charitable-organization sponsor. Donors direct assets from their account to the FSU Foundation, Inc. While IRS credit for the donation is provided by the registered charitable organization sponsor, the FSU Foundation acknowledges the contributors through named listings.
Gifts of Securities
A gift of long-term appreciated securities has at least two advantages; it provides the donor with both an income tax deduction equal to the fair market value of the securities and the avoidance of capital gains taxes on the transfer. Publicly-traded securities, shares of stock in closely-held companies, bonds, and government issues may be given to the FSUF. If securities are hand-delivered to the FSUF, the value of the gift will be the mean of its fair market value on the business date of delivery. Electronic transfer of securities may be accomplished by the donor notifying his/her banker or broker.
Real Estate
A residence or other real property may be given to the FSU Foundation including gifts of real estate, including houses, condominiums, commercial properties, farm land, rental property, and undeveloped land after a thorough review. Gifts of real estate will require review by FSUF. The donor is expected and in almost all cases will be responsible for expenses for transfer, taxes, and any indebtedness relating to real estate transactions. An individual may donate property and then retain the right to occupy the property for life. A gift of a remainder interest in a personal residence or form provides the donor with current income tax deductions for the present value of the remainder interest and also permits the donor to avoid capital gains taxes on the appreciation.
Tangible Personal property / Gifts In Kind
The FSUF may accept gifts of tangible personal property, including works of art, jewelry, antiques, coin, stamp and other collections, equipment, automobiles, manuscripts, and books. Such gifts may be accepted only after a thorough review indicates the property is readily marketable or may be used by the FSUF or FSU in a manner consistent with one of the purposes for which it was granted status. Property to be given to FSU must follow a formal donation process coordinated through the FSU Development Office to the appropriate FSU official. Whenever donors estimate their gifts of tangible personal property at $5,000 or more and donors seek to qualify for a charitable tax deduction additional IRS regulations apply including the submission of a written appraisal by a qualified independent appraiser.
