Estate Planning

Contact

David Mays
David Mays
Senior Associate Vice President of Philanthropy
P (405) 385-5148
C (405) 334-3669
dmays@osugiving.com
Contact
Derrick Davies
Derrick Davies
Sr. Director of Gift Planning/Team Lead
P (405) 385-5661
C (405) 332-1683
ddavies@osugiving.com
Contact
Diana Lasswell
Diana Lasswell
Sr. Director of Trusts and Estates/Principal Gifts
P (405) 385-5614
C (918) 671-1997
dlasswell@osugiving.com
Contact
Charles Reubell
Charles Reubell
Sr. Director of Gift Planning
P (405) 385-5629
C (918) 688-3406
creubell@osugiving.com
Contact
Nina Floyd
Nina Floyd
Sr. Coordinator of Central Development & Information Strategy
P (405) 385-5107
nfloyd@osugiving.com
Contact
Faith Sarver
Faith Sarver
Development Coordinator - Gift Planning
P (405) 385-0724
fsarver@osugiving.com
Contact

Assets to Consider:


Gift of Cash

A cash gift is a simple and easy way for you to make a gift. Your gift can:

  • Make an immediate impact on our land-grant mission.
  • Provide you with a charitable income tax deduction.

Give online It’s easy. Just click HERE and complete our online donation form. Your gift will be processed quickly and safely using our secure server.

Send us your gift by mail. You can send us a check or money order. Please let us know if you want your gift used for a specific purpose, by indicating that purpose either in the memo line or in a letter to us.

Contact us for more information. If you have any questions about making your gift, please email us at giftplanning@osugiving.com with your questions or comments.


Gifts In Kind

Information to be provided to the Foundation for all goods-in-kind donations

  • Donor’s name, address and telephone number
  • Donor’s social security number or federal tax identification number
  • Brief physical description of the donated asset, including an explanation of the method used to determine the fair market value
  • Date the university/department acquired the asset and method of acquisition

Methods of valuation for goods-in-kind donations

Goods-in-kind donations (GIK) in excess of $5,000 and for which donors are eligible for a charitable gift deduction in accordance with current IRS regulations will be reported on the date of transfer at the fair market value placed on them by an independent appraiser employed by the donor. Gifts of $5,000 and under may be reported at the value declared by the donor or placed on them by a qualified expert on the faculty or staff of the institution. If a value as specified above is not placed on a GIK, the value on the donor’s record will be $1.

Goods-in-kind donations which require a transfer of title, such as a car or boat, should be titled directly to Oklahoma State University rather than to the OSU Foundation. Notification of the donated item titled directly to the university should be made to the Foundation by the university/department in receipt of the donation.


Gifts of Stocks and Bonds

Methods of Acceptance and Valuation

Marketable securities – securities regularly traded on a public stock exchange. Gifts of marketable securities that are freely tradable without restriction are accepted without review of the Foundation Gift Acceptance Committee.

The value for gift credit purposes will be the fair market value on the effective date of transfer. Fair market value is generally the average of its high and low trading prices. For mutual funds, the fair market value is the closing price.

Once possession is obtained and the donor information confirmed, marketable securities are sold as soon as practical by the Department of Gift Administration. Marketable securities may not be held without notification to the Foundation Gift Acceptance Committee and approval from the Foundation Investment Committee.

Shares of marketable securities subject to restrictions require approval by the Foundation Investment Committee to accept. Efforts should be made to have the restrictions removed prior to acceptance of the gift.

Methods of Delivery & Effective Date of Transfer

Hand Delivery - If securities are hand delivered to the Foundation, the date for gift credit purposes is the date the securities and the stock power are delivered to the Foundation. We suggest completing a stock power in lieu of endorsing the stock certificate(s); unendorsed stock certificates are non-negotiable. To transfer ownership of the securities to the Foundation, donors should obtain a stock power, signing it exactly as it appears on the certificate(s), and have their signature guaranteed by their banker or broker. The Foundation should be designated on the stock power as Oklahoma State University Foundation (taxpayer identifying # 73-6097060). If ownership of the securities is transferred by a transfer agent and a new certificate(s) is issued in the name of the Foundation the date for gift credit purposes is the transfer date indicated on the newly issued certificate(s).

Mailing - If the securities are mailed to the Foundation, the date for gift credit purposes is the postmark date of the last document received, except in the case of securities transferred via a transfer agent as described above. We suggest completing a stock power in lieu of endorsing the stock certificate(s); unendorsed stock certificates are non-negotiable. Donors should obtain a stock power, signing it exactly as it appears on the certificate(s), and have their signature guaranteed by their banker or broker. The stock power and a letter of instruction should be mailed to the Foundation under separate cover from the stock certificate(s). The Foundation should be designated on the stock power as Oklahoma State University Foundation (taxpayer identifying # 73-6097060). If a courier is used, the date for gift credit purposes is the date of delivery to the Foundation.

Electronic Transfer - If securities are electronically transferred from a donor’s brokerage account to an account held in the name of the Foundation via the Depository Trust Company (DTC), then the value for gift credit purposes will be its fair market value on the date on which the securities are received in the Foundation’s account. Donors may contact the Foundation to obtain DTC instructions that they will then give to their broker along with a letter of instruction regarding the specific securities to be transferred. A copy of the letter of instruction should be sent to the Foundation in order that the donor may be receipted properly. If transferring mutual fund shares please contact the Foundation for instructions. Each mutual fund company has its own procedures for transferring shares for charitable gift purposes. Allow four to six weeks for the transaction to be processed. If planning a year-end gift, it is suggested start the process no later than November. Click Here for a sample letter requesting an electronic stock transfer.

Contact Us

If you have questions about making a donation of securities, please contact the office of Gift Administration at (800) 622-4678 or e-mail Brandy Huston.


Mineral Rights

A gift of mineral rights, whether an entire or undivided fractional interest, can significantly impact many areas at Oklahoma State University, including scholarships, faculty, facilities and programs. These interests may be given outright during your lifetime or through your estate. The OSU Foundation is fully equipped to manage oil and gas assets in-house to help you achieve your charitable goals, including:

  • Negotiate leases
  • Verify and execute division orders
  • Confirm royalty payments are accurate
  • Record and analyze revenue data
  • Monitor production of expired initial lease terms

According to our industry colleagues, the Foundation is often able to negotiate higher bonus and royalty interest rates and offers a quicker response time, resulting in faster lease agreements. Additionally, rights given to the Foundation to benefit OSU will be treated in an appropriate and financially responsible way to maximize your legacy.

Benefits of Gifting Mineral Rights:

  • A gift of mineral rights is tax deductible in most cases.
  • A gift of mineral rights is flexible, thus it can meet a variety of charitable giving goals.
  • With in-house management, the OSU Foundation can maximize mineral rights returns by actively engaging in lease negotiations and analyzing royalty payments and interest owed.
  • With gift administration and mineral rights management under the same roof, you can rest assured your legacy will continue in the way you intended.

To get started, we will need to know what interests you want to gift.

It will also be helpful to us to know:

  • Is the mineral leased?
  • How was the mineral acquired?
  • Are there prior or existing leases?
  • Are there prior division orders?
  • Are there prior transfer orders?
  • Do you have check stubs from royalty payments?

Contact us for more information. If you have any questions about making your gift of moneral rights, please email us at giftplanning@osugiving.com with your questions or comments.


Real Estate

Have you ever considered donating real estate?

Here are some of the potential benefits:

  • Avoid paying capital gains tax.
  • Receive a charitable income tax deduction.
  • Leave a lasting legacy.

How you make a gift of real property

Your real property may be gifted to the Oklahoma State University Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to the OSU Foundation. Your gift will generally be based on the property’s fair market value, which must be established by an independent qualified appraisal.

Generating new income

A gift of real property can also be used to fund a charitable remainder unitrust, which can then provide you with annual income for you and/or a loved one.


For more information, please call or email us directly.

OSU Foundation Office of Gift Planning | 400 S. Monroe | Stillwater, OK 74074
800.622.4678 | giftplanning@osugiving.com