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Ways to make an impact with end-of-year giving

December 30, 2018

Some weeks ago, we celebrated our annual #GivingTuesday at New Mexico State University. It was our fourth year asking for support, and our Aggie community rallied together once again, raising more than $2.1 million to benefit students, faculty and staff across the NMSU system.

If you missed making your gift then, now is the next best time to support NMSU students. What are the best ways to give to the NMSU Foundation that benefit both you and the scholarship, program or department of your choice?

Submit a monetary gift online or by check. Right now, a handful of student-led or student-serving programs have a few weeks left to meet their crowdfunding goals on NMSU’s Make A STATEment platform. NMSU’s Society of Women Engineers needs your help so members can attend a national conference to expand their community outreach efforts, and the PRIDE of New Mexico Marching Band is seeking additional funding to create more room for new members and reach the largest membership it has ever had. Make your gifts to those funds or others at mas.nmsu.edu.

Make a gift of securities, including stocks, bonds or mutual funds. Maybe you have a specific scholarship or department you want to support but don’t have the cash. As long as you have owned these assets longer than one year, you can bypass capital gains taxes all while providing a crucial, financial lift to your Aggies.

Make a gift through the charitable IRA rollover. If you are 70 1/2 or older, you can donate up to $100,000 to the NMSU Foundation directly from your IRA. The best part is that the donation does not count as taxable income when it is transferred, and it helps you satisfy your required minimum distribution. Gifts like this of larger amounts can start endowed scholarships — perhaps in your family’s name — that serve students in perpetuity and continue your legacy.

Talented Aggie students rely on alumni, friends and community support to match their own financial investments and afford an education. Your support also ensures they learn from world-class faculty inside innovative, modern classroom environments. Consider being a part of their success this holiday season by making your year-end gift of any amount to the NMSU Foundation and the charitable fund of your choice. Learn more at support.nmsu.edu/give.

Patrick Knapp is interim associate vice president of development for the New Mexico State University Foundation.

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