End of Year
Giving Guidelines
Maximum tax benefits depend on timing.
Here’s how to complete your 2024 gift to Fort Hays State University by year-end.
Your Gift by Check
U.S. Postal Service
- Date your check on or before Dec. 31, 2024.
- Mail your check via U.S. Postal Service with a postmark on or before Dec. 31, 2024.
- Checks mailed via U.S. Postal Service with a postmark and check date on or before Dec. 31, 2024, will be counted for 2024 if received in a timely manner by the Fort Hays State University Foundation.
Other Delivery
- Date your check on or before Dec. 31, 2024.
- Hand-deliver your check or ship via FedEx, UPS or other shipping service so that it’s received at the Fort Hays State University Foundation by 11:00 a.m. on Tuesday, Dec. 31, 2024.
- Checks delivered by any method other than being mailed via U.S. Postal Service are effective as of date received by the FHSU Foundation.
- The address for mailing or hand-delivery of your check:
Fort Hays State University Foundation
One Tiger Place
PO Box 1060
Hays, KS 67601
Questions about your gift by check? Email Teresa Hammerschmidt or call (785) 628-5624.
Your Gift by Credit Card
Credit Card Gifts by Telephone
- 11:00 a.m. deadline (Central Standard Time) on Tuesday, Dec. 31, 2024.
- Call (785) 628-5624
Credit Card Gifts Online
- 11:50 p.m. deadline (Central Standard Time) on Tuesday, Dec. 31, 2024.
- Make your gift today
Questions about your credit card gift? Please contact Teresa Hammerschmidt by email or by phone at (785) 628-5624 by 11:00 a.m. on Tuesday, Dec. 31, 2024.
Members of our development team may also assist you with your credit card gift.
Your Gift of Securities (Stocks, Bonds and Mutual Funds)
Gifts of securities (stocks, bonds and mutual funds) require planning. The effective date of your gift for tax purposes depends upon how you deliver the gift. Use the deadlines below to ensure your gift counts for 2024.
- The amount of your charitable deduction depends on the value of the securities at the time the gift is complete.
- Mutual fund gifts: Start early to determine the fund’s processing time, which varies widely from fund to fund. Some can complete your transfer within days of receiving your instructions; some take several weeks.
- For all gifts of securities: Please notify the Fort Hays State Foundation once of your intention to make a gift of securities by contacting Brent Williams by email at b_williams19@fhsu.edu or by phone at (785) 628-5719 or Jason Ball by email at jrball3@fhsu.edu or by phone at (785) 628-5888.
Securities Transfer
- Your transfer of securities from a brokerage account is complete when the securities have been received by an account owned by the FHSU Foundation. Important: These gifts are not considered complete upon giving instructions to a broker.
- Your gift is counted for tax purposes only when it is complete (see above).
- Initiate your transfer early. It is wise to allow several weeks. While some transfers may be received within days of your instructions, longer delays are possible, especially at year-end. For example, mutual funds generally take much longer to transfer than individual stocks.
- Deadline: Your electronic transfer must be received by 11:00 a.m. (Central Standard Time) on Tuesday, Dec. 31, 2024.
Questions about transferring a gift of securities (stocks, bonds and mutual funds)? Please contact Brent Williams by email at b_williams19@fhsu.edu or by phone at (785) 628-5719 or Jason Ball by email at jrball3@fhsu.edu or by phone at (785) 628-5888.
Your Gift of Real Estate
Your gift of real estate is typically considered complete on the date a signed deed is delivered to the FHSU Foundation. Begin as early as possible if you wish to complete a real estate gift within a certain time frame for tax purposes. It often takes 30 days or more to determine whether a gift of real estate can be accepted.
Questions about your gift of real estate? Please contact Jason Williby by email at jjwilliby3@fhsu.edu or by phone at (785) 628-5620.
Charitable IRA Rollover is Permanent
The popular charitable IRA rollover, also called a qualified charitable distribution (QCD), was made permanent in 2015.
Since 2006, many FHSU donors age 70 ½ or older have used this option to make qualifying charitable gifts that were excluded from taxable income, and counted toward their required minimum distribution (RMD).
To qualify, gifts must be transferred directly from the IRA provider to the FHSU Foundation and meet certain other requirements.
Please tell your broker or fund manager to name you as the donor on the transfer, and if your gift is intended for a particular area, have the broker specify that as well.
Tax situations vary. We encourage you to consult your tax or financial advisor regarding retirement account gifts.
For questions on the charitable IRA rollover, please contact Brent Williams at b_williams19@fhsu.edu or (785) 628-5719 or Jason Ball at jrball3@fhsu.edu or (785) 628-5888.
Plan Ahead to Maximize Benefits of Your 2024 Gift to FHSU
Maximize your tax benefits. Begin early to evaluate the charitable gifts you have made this year, and those you are considering.
Allow time to consult financial advisors and to complete all necessary steps in time to count your gift for the 2024 tax year.
Your qualifying 2024 contribution will support the area of Fort Hays State University that you designate.
Other Questions About Your Year-End Gift to FHSU?
Contact Brent Williams by email at b_williams19@fhsu.edu or by phone at (785) 628-5719 or Jason Ball by email at jrball3@fhsu.edu or by phone at (785) 628-5888.