Gift-Giving

The Institute of Human Virology is a new breed of research institution that attracts commercial investment, traditional research grants, and both public and private support to achieve its mission. Since its beginning in 1996, IHV has proven to be a magnet for private investment and sponsored research, making its reliance on state support minimal.

The Institute has been extremely successful in its acquisition of research grants. Through such national funders as the National Institutes of Health and the Centers for Disease Control and Prevention, the Institute last year obtained more than $40 million in sponsored funding. The national reputation of IHV scientists assures that the Institute will remain competitive in national funding competitions.

Despite significant gains, IHV stands at a crossroads. Without support, the Institute cannot grow to realize its full potential - and the discoveries our world so desperately needs. Support of the continuance of the Institute's invaluable research is critical; to ensure its future is essential.

Won't you help? Call (410) 706-1954, or email mccoy@umbi.umd.edu

Your support will allow the Institute to pursue collaborative research that will spur the development of new medical and hospital applications. Your support will help drive medical breakthroughs that will ultimately lead to healthier populations worldwide, reducing the need and expense for healthcare resources. Your support will help to reduce human suffering on a worldwide scale. Considering the growing epidemic of AIDS now ravaging the world's population, your generosity has the potential to reach millions.

Choices in Giving

There are many ways you can give to the Institute. Among them are:

Cash Gifts
Cash gifts are deductible for federal income tax purposes up to a limit of 50 percent of your adjusted gross income if you itemize deductions as opposed to 30 percent for appreciated assets. Where cash gifts exceed this limit, you may carry over the excess for up to five additional years.

Securities
Pledges in the form of appreciated securities rather than cash can bring extra tax advantages. If you itemize, you are entitled to a charitable income tax deduction for the full value of your gift, provided you have owned the securities for more than 12 months.

Real Estate
Almost any kind of real estate can make a valuable gift: a primary residence, vacation home, farm, commercial building, or an undeveloped parcel of land. You can even contribute your residence now and still reside in it for life. As with gifts of appreciated stocks, bonds, mutual funds, and personal property, no capital gains tax is due when you donate appreciated real estate; you are entitled to an income tax deduction in the amount of the appreciated value of the real estate; and you avoid estate taxes on the appreciated asset.

Bequests
Bequests, no matter how modest, are always welcome and important. The value of a bequest to the Institute is deductible for estate tax purposes and there is no limit on the amount of the deduction. If you would like us to provide a sample of bequest language, please contact us.

Life Insurance
You may choose from two approaches in giving through life insurance: by giving a policy you no longer need and taking a charitable deduction for its cash value or by purchasing a new policy and naming the Institute as the beneficiary. All premiums paid for this policy are then tax deductible.

Personal Property
Valuable collections, works of art, and other forms of tangible personal property may be subject to estate taxes. By donating such items during your lifetime rather than at your death, you not only reduce your taxable estate but also reduce your taxable income in the year of the gift. For a gift of tangible property, you are entitled to an income tax charitable deduction amounting to the property's full, fair-market value, provided the use of the object is directly related to the Institute's tax-exempt functions. If the property cannot be used directly by IHV, your tax deduction is the lesser of the property's original cost or the fair market value.