Stocks/ appreciated assets


  • If you donate to UCLA securities or similar assets that you have owned for more than one year, you are entitled to a charitable income tax deduction based on their current value.

  • You also avoid the capital gains tax that you could have paid if you sold the stock.

  • Because the value of these assets may have increased significantly over time, your tax savings may be sizable.

  • Your charitable income tax deduction can be used to offset up to 30% of your adjusted gross income (AGI) in the year of the gift. Any unused deduction can be carried forward in subsequent tax years, up to 5 additional years.

IRA Qualified Charitable Distribution (QCD)


  • Donors age 70½ or older may make a gift of any amount, up to $100,000 per individual ($200,000 for couples with individual IRA accounts), from your IRA without paying income tax on the donated amount.

  • For donors who have a Required Minimum Distribution, making a gift directly from your IRA to The UCLA Foundation will satisfy that requirement.

  • The QCD can only be made from IRAs – not from company plans.

  • Funds should be transferred directly from the donors’ financial institution to The UCLA Foundation.

  • For donors who have personalized checks for their IRA account should contact UCLA’s Office of Gift Planning for specific information to ensure their wishes are met.

Cares Act


  • Through 2021, donors who itemize when filing their tax returns can benefit from an increase in the deduction limit up to 100% of a donor’s adjusted gross income (AGI) for cash gifts. Previously, the deduction was capped at 60% of AGI. Therefore, donors who make a gift of cash will be able to deduct more this year.

  • Donors who do not itemize when filing their tax returns, but make a gift to charity, will be allowed to take a special tax deduction up to $300 ($600 for couples filing jointly) to reduce their tax liability.

For more information, please contact Jiesi Zhao, Esq., Director of Gift Planning, at:

800-737-UCLA (8252)

or at jzhao@support.ucla.edu

Visit legacy.ucla.edu

Any information on this webpage is not intended as legal, accounting, or financial advice. Please consult with your tax, legal, and financial advisors to ascertain whether this or other gift plans are in keeping with your own tax and financial needs. Conversations with the university’s gift planning team are always confidential and never imply obligation.




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