The Department of Chemistry at the University of Illinois

Endowed Funds provide a permanent source of income to meet the needs of faculty and students. If you are interested in establishing an endowment, please contact us. The University sets minimum levels needed for various endowment vehicles:

See the UI Foundation website for more information about these endowment options.

The Partnership in Chemistry Fund provides essential monies that can be used to meet needs that are not supported by the state budget. These unrestricted funds are particularly valuable because of their flexibility. The Partnership in Chemistry Fund is vital for financing ongoing programs and special projects. See the Online Giving to Chemistry webpage to give to the Partnership in Chemistry Fund now.

Memorial Funds commemorate individuals while benefiting the Department of Chemistry. Memorial funds include those honoring Roger Adams, Ludwig Audrieth, John C. Bailar, Jr., G. L. Clark, Russell S. Drago, Willis H. Flygare, R. C. Fuson, Herbert S. Gutowsky, B. Smith Hopkins, Herbert A. Laitinen, J. C. Martin, Carl “Speed” Marvel, G. Therald Moeller, Timothy Nieman, William A. Noyes, Thomas E. Phipps, T. Stan Piper, W. H. Rodebush, G. Frederick Smith, and Harold Snyder. Donations may be given to the Partnership in Chemistry Fund in memory or in honor of an individual, and the College will notify the family that a contribution has been made. See the Online Giving to Chemistry webpage to donate for a memorial fund now.

Forms of Giving

Many different kinds of gifts can benefit both you and the University. Some of them can offer particular estate planning advantages, including income for life. Our professional staff would be pleased to discuss these gift vehicles with you; however, the University urges you also to consult your attorney or financial advisor.

If you wish your gift to benefit the Department, any legal documents or instructions should specify that the gift is for the Department of Chemistry at the University of Illinois at Urbana-Champaign.

Cash.  Checks should be made payable to the University of Illinois Foundation (UIF), with a notation designating the name of the fund. Gifts to memorial funds should be made payable to the specific fund. Contributions may also be made with your Visa or MasterCard credit card, via the Online Giving to Chemistry webpage.

Securities. In most cases, gifts of appreciated securities may be deducted at full market value as of the date you make the gift, and the donor does not have to pay capital gains taxes. Gifts of stock are most easily handled by the University of Illinois Foundation. You or your broker may contact us for further information. Stock can often be transferred electronically. If you wish to give a gift of depreciated stock, you should first sell it and give the proceeds to the Foundation. You can then use the loss to offset any gains and also claim a charitable deduction. See the UI Foundation website for more information about donation of stocks or bonds.

Real Estate. Gifts of real property may be deeded to the University of Illinois for the benefit of the Department of Chemistry, providing significant tax advantages to the donor in most cases. It is also possible to deed a home or farm to the University and continue to occupy it for life. See the UI Foundation website for further information about gifts of real estate.

Gifts that Provide Income. A number of options are available by which you may transfer assets to a trustee (either the University or a trustee of your choosing) and receive income for yourself and/or a designated beneficiary, as well as immediate tax benefits. The Department of Chemistry ultimately receives the trust property. See the UI Foundation website for more information about gift plans that enable the donor (or other beneficiary) to receive income for life or a term of years.

Estate Gifts. A fixed amount or a percentage of your estate’s assets (such as securities, cash, real estate, or insurance policies) may be designated for the benefit of the Department of Chemistry in your will or living trust. See the UI Foundation website for more information about options for estate planning.

Matching Gifts. Hundreds of firms match their employees’ (and sometimes spouses’ and retirees’) contributions on a 1:1, 2:1 or even 3:1 basis. If your company has such a policy, forms to assure that your gift will be matched can be obtained from your personnel or employee relations office. See the UI Foundation website to see if your company has a matching program.