We do accept cash gifts but suggest that you not send cash through the mail. Checks may be made payable to Tennessee Technological University Foundation and mailed to:
TTU Box 1915
Cookeville, TN 38505
Directions for the use of the gift may be annotated on the memo line of your check or provided via further written instructions.
Appreciated securities are an excellent taxwise choice for making a gift to TTU. The simplest way to make a gift of publicly traded stocks, bonds, or mutual funds is to use your own broker, who may hold your securities in certificate or "book entry" form. Simply instruct your broker to transfer your securities into the following Tennessee Technological University account:
Senior Registered Client Associate
230 4th Avenue, N. Suite 200
Nashville, TN 37219
Your broker may require you to authorize the transaction by completing a short form. Although transfer time varies from broker to broker, it should not take more than a few days to complete. * We request that you inform John W. Smith at (931) 372.3206 or email@example.com of a pending stock transfer so that we may facilitate the process.
Additional information may be found here.
Tips for Gifts of Stock: The value of your gift for tax purposes is not dependent upon Tennessee Tech's sale of the stock. The amount of gift credit is equal to the average of the high and low values of the stock on the date of the gift. The date of the gift will vary depending upon which transfer method you use. If you make your gift by wire, then the gift date is the date the stock is transferred into Tennessee Tech's account. If you mail your gift, then the date of the gift is the date you place the stock certificate, stock/bond power, and letter of authorization in the mail.
A gift-in-kind is a non-cash gift (equipment, materials, electronics, etc.) of real value that represents a tangible benefit to the university. The university welcomes gifts-in-kind. However, all gifts-in-kind must be approved prior to acceptance, and the donor is responsible for any appraisal and compliance with IRS requirements. Contact anyone in University Development for assistance in making a gift-in-kind.
Gifts of Time or Service
Tennessee Tech welcomes gifts of time or professional services, loan of equipment, etc. Such gifts are recorded accordingly, and a thank you letter is sent; however, no gift receipt is provided due to IRS restrictions.