Ways to Give

Planning your giving strategy is the key to enhancing your gift. Charitable incentives in the tax laws offer many opportunities for you to assist Hannibal-LaGrange University in reaching its goals, while protecting or even strengthening your own financial objectives.

Both outright and deferred gifts are tax deductible, reducing the net cost of the gift to the donor. While tax advantages are rarely the primary motive for giving, they often play a role in determining how the gift should be made and how large it should be. The college's institutional advancement staff is available by appointment to provide important information in addition to what follows about giving plans.

Cash Gifts and Pledges

Cash gifts and pledges are tax deductible for up to 50% of your adjusted gross income in any one tax year. Generally, the higher your tax rate, the greater your savings. Pledging campaign gifts over a three to five-year period may allow you to give more than is possible with a one-time cash gift. Pledges are deductible in the year of payment.

If you would like to mail in your check or pledge, please complete and mail the form to:

Hannibal-LaGrange University
Institutional Advancement
2800 Palmyra Road
Hannibal, MO 63401

If you would like to donate over the phone, please give us a call at 573-629-3120.

Matching Gifts

Be sure to ask if your employer participates in a matching gifts program. Your gift to HLGU could be multiplied!

Three easy steps to contribute a matching gift to HLG...

Step 1: Contact your employee's human resources department to see if they offer a matching gift program.

Step 2: Obtain a matching gift form from your human resources department.

Step 3: Complete the form and send it to:

Hannibal-LaGrange University
Institutional Advancement Office
2800 Palmyra Road
Hannibal, MO 63401

Please contact us if you have any questions at 573-629-3120.

Additional Ways to Give to HLG

Marketable Securities

Marketable securities may be assigned directly to the college or transferred through your broker. The amount of your contribution is the fair market value on the day of the transfer. A gift of securities avoids a capital gains tax and is an excellent vehicle for making substantial gift or payment on a pledge. Please contact the Institutional Advancement Office at 573-629-3120 if this is something you are interested in.

Real Estate

An often overlooked opportunity for charitable giving is real estate. While all gifts of real estate must be approved in advance by the Office of Institutional Advancement, a gift of property allows you to use assets that may offer you little or no current benefit to generate a tax deduction. You may even elect to give a residence, farm, or vacation home, reserving the right to occupy the property for as long as you or your spouse live. If the gift is irrevocable, you may qualify for an immediate tax deduction for the present value of the remainder interest in the property.

Life Insurance

Gifts of paid life insurance policies may allow income deductions for roughly the net cash surrender value of the policy. Generating a new policy with the college as the owner and beneficiary provides a tax deduction for the premiums in the year(s) they are paid.

Planned Gifts

Please contact the Institutional Advancement Office via email at anthony.allen@hlg.edu, or by phone at 573-629-3120.

Contact Information

Institutional Advancement