WHERE THE ENTREPRENEURIAL SPIRIT LEADS
Every year LIU asks its alumni and friends for their support in keeping the University among the world’s largest private universities.
These gifts allow the LIU’s colleges and schools to support innovative programs, urgent priorities, and other opportunities that arise during the academic year.
Tuition covers only about two-thirds of the real cost of undergraduate education.
Nearly three-quarters of all LIU undergrads depend on need-based scholarships from the University and more than 9,200 students received need-based financial aid directly from LIU in 2014–15.
LIU's endowment covers only about 1% of the university's budget.
Most gifts are restricted. The majority of gifts to LIU, and more than half of endowment funds, are directed toward particular colleges, schools, departments, or programs. Annual, expendable gifts provide vital flexibility.
LIU's mission is global. Big ideas can be expensive. Making a difference is worth it.
Every gift makes a difference! Most gifts made to LIU are under $1,000. But together they add up to millions for financial aid, academics, research, and other programs.
ANNUAL FUND / THE FUND FOR LIU
The Fund for LIU is made up of thousands of operating gifts from LIU alumni, parents, students, faculty, staff, and friends. Support for The Fund for LIU benefits LIU students at Brooklyn, Post, Pharmacy, Global and its Regional Campues, helping to pay for financial aid awards, state-of-the-art facilities, classroom equipment, course development, research projects, internship stipends, arts and culture, and so much more.
LIU offers a number of different ways to support the University :
DONATE ONLINE: Make a Gift on LIU’s secure giving site or mail your gift to The Fund for LIU.
DONATE BY MAIL: Please make all checks payable to LIU. The mailing address for U.S. mail and Express Mail is:
700 Northern Blvd
Brookville, NY 11548
Q : Can I designate which campus / college / school or area receives my support?
A : Yes, you can designate your support for LIU Brooklyn, LIU Post, LIU Pharmacy, LIU Global, LIU Tilles, the Regional Campuses or any other division or area of LIU.
Q : How can I increase the impact of my support through a matching gift?
A : Double or triple the value of your gift by checking with your employer regarding matching gift programs. Many companies and foundations will match the value of charitable gifts made by employees and their spouses, board members, and retirees. To find out if a particular company or foundation has a matching gift program, please inquire.
An endowment fund is a permanent, self-sustaining source of funding for LIU. Endowment assets are invested and each year, a portion of the value of the fund is paid out to support the fund’s purpose, and any earnings in excess of this distribution are used to build the fund’s market value. In this way, an endowment fund at LIU can grow and provide support for its designated purpose in perpetuity. When you establish an endowment fund, you create a permanent legacy of support for LIU.
Q : How much money does it take to start an endowment?
A : The LIU Board of Trustees has set different minimum funding levels for different types of endowments:
$50,000 will establish an unrestricted endowment for financial aid or a particular college, school or division, such as the LIU Post College of Management or the [Named] LIU Brooklyn Athletic Scholarship Fund. (Undergraduate alumni who have graduated in the past ten years may establish a restricted endowment with a minimum gift of $25,000.)
Examples of endowment funding to establish:
$1,000,000 will establish an endowed chair to support a visiting professor.
$1,500,000 will establish an endowed chair to support an assistant or associate professor.
$1,500,000 will establish an endowed chair to support a professor of the practice.
$2,500,000 will establish an endowed chair to support a full professor.
$3,000,000 will establish an endowed chair to support a university professor with appointments in more than one discipline.
$5,000,000 will establish an endowed chair to support a faculty member holding the distinguished designation of dean.
$500,000 will establish an endowment supporting an associate or assistant coach.
$2,000,000 will establish an endowment supporting a head coach in a sport other than football or basketball.
$5,000,000 will establish an endowment supporting the head coach of football, men’s basketball, or women’s basketball.
$5,000,000 will establish an endowment supporting the athletic director.
Q : Whose name is on the endowment?
A : You can name an endowment for yourself, your family, your friend, your favorite professor, your company – the choice is yours. Your endowment will be recorded as “The [Name of Your Choice] Endowment Fund.”
Q : Do I need to sign an endowment agreement or meet a minimum gift level if I want to give to an existing endowment?
A : No. You can make a gift of any size to an existing endowment fund without signing an endowment agreement. There may be an existing endowment that reflects your interests and to which you can add your support. Also, many donors who have established endowment funds in the past continue making gifts to them over time. The larger a fund is, the more it can do each year.
Q : How do I find out about my endowment after I have made my gift?
A : Once an endowment reaches the minimum funding level and starts generating spendable income, LIU will begin sending you annual reports detailing the value and use of your endowment fund. Financial aid endowment donors learn about their scholarship recipients, and professorship donors are updated on news of their chair-holders. When you establish an endowment at LIU, you begin a new relationship with LIU, and the university will write to you—and later to your family—every year with an update on what your gift is making possible.
Q : Can I meet the students who benefit from my scholarship?
A : In most cases, yes. Each year, the university hosts a scholarship celebration on each campus to bring together scholarship donors, recipients, and honorees.
Q : How else does LIU recognize major donors?
A : The Ralph Jonas Society, named for LIU’s founder, was created to recognize individuals whose cumulative gifts and pledges to all areas of Long Island University total $100,000 or more. Members of the Jonas Society are invited to campus for a special celebrations recognizing their generosity and their close ties to LIU.
OTHER WAYS TO SUPPORT LIU
For general questions and for information regarding a gift of securities, real estate, a bequest or other, please contact LIU Advancement Services at LIUalumni@liu.edu or 516.299.299.3770.
Stocks, Bonds, and Mutual Funds
If you would like to do transfer securities, the following applies:
DTC Number: #0221
Account Name: Long Island University (ID #11-1633516)
Account Number: MQ22975
In order to properly credit your gift, please notify us of your plan to donate securities by contacting LIU Advancement Services at LIUalumni@liu.edu or 516.299.299.3770.
Electronic Transfers and ACH Transfers
If you would like to do a wire or ACH transfer, the following applies:
Bank: Capital One
ABA Number: 021407912
Account Name: Long Island University (ID #11-1633516)
Account Number: 2914003591
Swift Code: NFBKUS33
In order to properly credit your gift, please notify us of your plan to donate electronically by contacting LIU Advancement Services at LIUalumni@liu.edu or 516.299.299.3770.
LIU Employee Payroll Deduction
LIU employees can make charitable contributions to any aspect of LIU by payroll deduction. To sign up, please download this form and submit a copy toLIUalumni@liu.eduand payroll services. Should you have any questions, please contact 516.299.4248.
If you would like to donate personal property to LIU, please contact the Alumni Relations Office at 516.299.2263 or 718.780.6562 or emailLIUalumni@liu.edu to learn more.
A gift of real estate may be a principal residence or vacation home, a farm, a commercial building, a subdivision lot, or unimproved land. The gift may be the entire property or a fractional interest in the property and all gifts of real estate require prior approval by the University. LIU’s Office of Gift Planning can walk you through the approval process. Please contact 516.299.3759 or LIUalumni@liu.edu to learn more.
Deferred, Planned and Legacy Gifts
Your gift to LIU can also be a useful financial planning tool. Please visit our gift planning site to learn more about how you can support LIU.
Life Income Gift
A life income gift, such as a charitable gift annuity or a charitable remainder unitrust, can provide you and/or your loved ones with an income for the duration of your lives or for a specific number of years. You receive a current income tax deduction as well.
Charitable Lead Trust
These trusts can be used to transfer assets to a loved one with a significantly reduced tax liability.
The most common form of deferred gift to LIU is a bequest contained in a person's will or revocable (living) trust. Find sample language and more information.
Gifts of Retirement Plans
Naming LIU as a primary or contingent beneficiary of a retirement plan (e.g. IRA, SEP, 401(k), 403(b), ESOP, etc.) may enable you to make a larger gift than you anticipated because income and estate taxes are not imposed when plan assets are distributed to LIU. Your retirement account's plan administrator (the company that manages the account) can help you designate Long Island University as a primary or contingent beneficiary on the plan's beneficiary form.
Retained Life Estate in Property
You can generate a current income tax deduction by giving a home or farm to LIU, while retaining the right to use the property during your lifetime. The property will also be removed from your taxable estate. Please contact 516.299.3759 or LIUalumni@liu.edu to discuss this gift opportunity in more detail.
CELEBRATING OUR DONORS
Philanthropy is core to the success of this institution. As we continue to attract new donors and renew partnerships with alumni and friends alike, we are introducing new ways to honor and recognize those who, through philanthropic support, help LIU pursue increasingly higher levels of academic achievement and national prominence.
Below provides information about our new giving societies, each of which were created to demonstrate the unique and rich history of our University with careful consideration for our future. You can also click here to learn more about each giving society.
Lai Loyalty Society
For loyal donors who give to any area within LIU for three or more consecutive years
For donors who contribute $1,000 or more in a year
Metcalfe Leadership Society
For donors whose lifetime giving totals $100,000 or more
For donors who make estate commitments or life-income arrangements in support of LIU
For donors who make estate commitments or life-income arrangements in support of LIU Pharmacy
For donors who make estate commitments or life-income arrangements in support of LIU’s Tilles Center
RECENT GRADUATE GIVING
GOLD Leadership Society
For donors who graduated within the last 10 years and contribute $100 or more
SPECIAL GIVING SOCIETIES AND CLUBS
Southampton College Windmill Society
For Southampton College donors who wish to support LIU students from the East End of Long Island
Tilles Center Membership
For donors who wish to support LIU’s Tilles Center for the Performing Arts
Blue and Gold Club
For donors who wish to support LIU Sharks Athletics