Gifts to Hannibal-LaGrange University are tax-deductible and can be made in any of the following ways.
Cash Gifts and Pledges
Cash gifts and pledges can be made by check, cash or credit card and can be designated to the area you most want to help.
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:
2800 Palmyra Road
Hannibal, MO 63401
If you would like to donate over the phone, please give us a call at 573-629-3120.
Electronic Funds Transfer
Electronic funds transfer is an easy way to support Hannibal-LaGrange University. You decide the amount of your monthly contribution and send an authorization to HLGU.
With your permission, HLGU will notify your bank to withdraw the specified amount from your account every month and deposit it into the University's account. Please send
- a cancelled check from your bank account
- your letter of authorization which should include:
- the amount of withdrawal
- frequency (monthly/quarterly/annually)
- whether the withdrawal should take place on the 1st or 15th
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 HLGU...
- Step 1: Contact your employer'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.
Planned Gifts, Life Insurance and Stock, or Tangible Gifts
Please contact the institutional advancement office via email at firstname.lastname@example.org or by phone at 573-629-3120. The IA staff is available by appointment to provide information regarding giving possibilities.
Planned gifts can be given through gift annuities, charitable remainder trusts, charitable lead trusts, retirement plans and wills. The Hannibal-LaGrange Steeple Society recognizes individuals who have made the decision to include HLGU in their estate planning. For help with your planned gift, please contact Jason Geiken, vice president for institutional advancement by email at email@example.com or by phone at 573-629-3123.
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.
Marketable securities may be assigned directly to the University 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.
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.
Contact InformationInstitutional Advancement