The Power of a Simple Cash Gift to UT
See Your Generosity in Action
One of the easiest and most common ways for you to support the University of Tennessee, Knoxville, is with a gift of cash. Cash can be used to support our work in the form of:
An outright gift. By making a cash gift by check, credit card or money order today, you enable us to meet our most urgent needs and carry out our mission on a daily basis. You will have the opportunity to see your generosity in action and will also receive a federal income tax charitable deduction, when you itemize.
A payable on death (POD) account. A POD bank account or certificate of deposit names one or more persons or charities as the beneficiary of all funds once you, the account owner, pass away. The beneficiary you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, change the beneficiary or close the account.
There are several other ways to make cash donations as part of the gift types below. To learn more, click on the links below.
Ways to Use Cash
Calculate Your Benefits
Submit a few details and see how an outright gift can meet some of our most pressing needs.
- Contact the Office of Gift Planning at 865-974-2370 or firstname.lastname@example.org for additional information on giving a gift of cash.
- Seek the advice of your financial or legal advisor.
- If you include UT in your plans, please use our legal name and federal tax ID.
Legal Name: University of Tennessee Foundation, Inc.
Address: 1610 University Ave., Ste. 202, Knoxville, TN 37921-6741
Federal Tax ID Number: 62-1844686
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.