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Your gift to the Foundation supports a growing, thriving, purpose-driven university community that delivers student success on a daily basis.  Every gift is valued and makes a difference.  Gifts may be designated to a specific college, school, department, program, approved project, or scholarship.  Unrestricted gifts are important and are applied to areas of greatest need and to address opportunities that may arise.  Depending on the size/type of gift, some or all of the steps below are applied:

We provide a gift agreement

Gift agreements are established for all gifts and commitments of $10,000 or more.  Agreements outline the purpose, form, schedule and administration of gifts. For smaller gifts, donors may document their preferences with commitment forms, letters or the memo field of their checks.

We convert the gift to cash

Gifts of securities or real estate require special processing. The Foundation converts gifts of securities to cash upon receipt.  Gifts of real estate must be reviewed and approved by the Office of Budgets and Accounting and the System Office of General Counsel (OGC).

We place the gift in an account

Every gift goes into an endowed or non-endowed Foundation account as specified by the donor and interest is accrued. 100% of your gift is placed into the specified account.  The A&M-Commerce Foundation does not charge any fees against donations.

We send a receipt

We mail a receipt for every gift. Receipts provide donors with proof of their contribution.  All or part of your gift may be tax deductible as a charitable contribution.  Please check with your tax advisor.  If you have a question about a receipt contact Kim Jefferies, (903) 886-5712.

We disburse funds to A&M-Commerce.

If the gift is non-endowed, the Foundation disburses the entire gift as designated by the donor and when requested by the university (at time of use).

If the gift is endowed, we invest it until it has generated enough proceeds to be considered available for use. (Typically a full fiscal year)

Advancement Services verifies all expenditures are in accordance with donor’s wishes.