Outright Gift of Cash
The Power of a Simple Gift
One of the easiest and most common ways for you to support McMurry University 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
- Contact Michael V. Hutchison ’87 at 325-793-4761 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 McMurry in your plans, please use our legal name and federal tax ID.
Legal Name: McMurry University
Address: 1 McMurry University #938, Abilene, TX 79697
Federal Tax ID Number: 75-0855633
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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. California residents: 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. Oklahoma residents: 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. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.