Are there unique advantages of giving to Lubbock Christian University?
Donors find many advantages in working with the University Advancement Office to support higher education at LCU, including:
- Uniting donor interests and University priorities to achieve excellence in Christian education.
- Responding promptly with a tax-deductible acknowledgement of your gift.
- Helping unite your passion with LCU priorities to "give back" to the institution that helped to change your life and provide opportunities for student success.
- Providing up-to-date financial information to donors and information about their gift's impact.
- Offering the opportunity to participate in donor recognition clubs such as the President's Circle and the F. W. Mattox Circle.
How can I afford to help Lubbock Christian University?
- The size of the gift you make is entirely up to you. Donations of all sizes are vital and gratefully accepted.
- Every dollar the university receives has the potential for exponential growth, since it helps LCU improve its most valuable resources - instruction, scholarship, and university programming - for the benefit of church, family, and community.
- Some donors find they can achieve their charitable goals through planned giving avenues, such as life insurance, property, real estate and securities, that don't require a large sum of cash-on-hand.
- Pledges may also help achieve your goals as a donor.
- Bear in mind that you may be able to double or even triple your gift by taking advantage of your employer's matching gift for higher education program.
Will my company match my gift to Lubbock Christian University?
Many companies offer employees - and sometimes spouses and retirees - a matching-gift benefit that doubles or triples their donations to higher education. Companies have various methods by which you can submit your matching-gift request: online forms, automated phone systems or paper forms that you submit to the LCU Advancement office. Please visit your human resources office to learn more about matching-gift donations or contact the Advancement Office for more information about matching-gift companies and see if your gift qualifies.
What is an endowment?
Donors may establish an endowment fund to ensure a gift's long-lasting impact for LCU, since only the income earned from investments may be disbursed. Since an endowment's principal is never spent, your gift continues in perpetuity. Lubbock Christian University's endowment funds are professionally invested and managed by the Board of Trustees' Finance and Investment Committee.
Can I give to my favorite department or program?
Absolutely! The designation of your gift rests entirely in your hands. If you know the name of the department or program, simply indicate it in the memo space on your check or in the comments section of the online giving page. The LCU gift processing staff will ensure your contribution reaches the proper area. If you need guidance in designating a gift, our staff and development officers are happy to provide information about LCU's greatest needs at a university level and for each college or department.
Can I make a gift for buildings or facilities?
Many buildings and facilities, such as labs, classrooms, and campus housing are created from private donations. The Advancement staff can direct you toward any current building or maintenance projects that need additional support. Another great way to improve campus facilities is to make a contribution to a department or college for equipment or supplies needed in that discipline, whether it is lab or instructional equipment.
Can I make a pledge of support?
Yes; gift pledges to Lubbock Christian University can be paid in monthly, quarterly or even annual installments and involve an initial payment. Please contact a member of the Advancement staff to setup a pledge payment.
What if I want my gift to be anonymous?
Lubbock Christian University enjoys the opportunity to publicize donor gifts in an effort to recognize donor generosity. This good news lets others know about the increasing importance of supporting Christian education. Publicity could include press releases, articles in newspapers, feature stories in university publications or recognition in Advancement brochures. However, LCU respects your desire for anonymity to the full extent and will honor your request. At the time of your donation, please indicate that you do not wish your name to appear in any form of publicity.
Can I make a gift in honor or memory of someone?
Absolutely. Many donors contribute funds to honor a loved one or special individual. If you would like to make your gift in honor or memory of another person - or if you wish to give in another's name - just let us know the details. If a gift is made in memory of someone who has passed away, the Advancement office will notify their family of any gifts made in tribute. If a gift is made in honor of someone's life or career, they will be notified of any gifts unless the donor requests anonymity. The Advancement staff is happy to carry out your wishes and will assist you in honoring your friends, loved ones, and LCU mentors.
What is the difference between restricted and unrestricted gifts?
Unrestricted gifts provide a funding source for LCU that is not limited to specific program, college or department. These gifts are used where needed most throughout the institution, including resources to recruit top faculty, create scholarship programs and internship opportunities and enhance the overall academic life of the campus. On the other hand, restricted gifts are earmarked for specific purposes chosen by the donor, such as an endowed scholarship or professorship, program or building. Although both unrestricted and restricted gifts are welcome, unrestricted gifts are of critical importance because they allow the university to provide funding in the areas of greatest need to meet unexpected challenges, take advantage of unique opportunities and meet the many day-to-day challenges of current higher education.
How should I make out my check?
Checks should be made out to "Lubbock Christian University" and indicate the fund name, department or purpose for which they're intended in the memo section. You can mail these to 5601 19th, Lubbock, TX, 79407, attn: University Advancement.
I'm uncomfortable giving online. Is it really safe?
We know many of our visitors and donors have reservations about entering their credit card information on our site. They are wary of websites and online businesses that aren't what they claim to be, and worried that their personal and financial information might fall into the wrong hands. Lubbock Christian University utilizes extremely strong security measures to protect our online donation page.
Are all gifts tax-deductible?
Gifts to the Lubbock Christian University, a 501(c)(3) charitable organization, are fully tax-deductible to the extent allowed by law. Please consult your tax attorney or financial advisor to determine if your gift is tax-deductible.
How do I get tax credit for my charitable deduction?
As soon as the LCU Advancement office receives your gift, we place it in the designated fund. At the same time, the gift processing staff generates a gift receipt mailed to you for tax preparations generally within the same week. If you do not receive a formal acknowledgement within three weeks, please contact the gift processing office at 806.720.7226. Please consult your tax attorney or financial advisor to determine instructions and proper tax credits available for your gift.
Can I receive a tax deduction for equipment or supplies I give to the university?
Yes; if you donate equipment and/or supplies, which are referred to as gifts-in-kind, you will receive a contribution receipt for items given and recognition of value for gifts that have been properly documented. Donors must submit documentation through a receipt, invoice or other appraisal instrument at the time the gift-in-kind occurs in order to establish a value for the donated items.
Is there someone with whom I can discuss my interest in giving to Lubbock Christian University?
The staff of Lubbock Christian University is knowledgeable, discreet and happy to assist you in any way possible. Our commitment is to further the university's mission of "Changing Lives" by working closely with donors to unite donors interests and university priorities to achieve excellence in Christian education. Please contact our staff at 1-800-933-7601.