Georgia Institute of TechnologyOffice of Development
Tech TowerPhil Thompson, VP of Student Affairs, and students

Frequently Asked Questions

1. What is gift planning?
2. What is the most common way that people give to Georgia Tech?
3. Which assets can I give to Georgia Tech?
4. Which gifts can provide income to me?
5. Can I receive a tax deduction for my gift?
6. What is the Georgia Tech Foundation's tax ID number?
7. What is the Alexander-Tharpe Fund's tax ID number?
8. How do I make a cash gift?
9. How do I make a stock gift by electronic funds transfer?
10. How do I transfer stock certificates?
11. How do I make a gift to Georgia Tech by wire transfer or credit card?
12. Can my corporation participate in my gift to Georgia Tech?

1. What is gift planning?
Gift planning is the process of structuring your support for Georgia Tech in a way that maximizes your philanthropic and personal objectives. Gift plans may combine different methods of giving, and usually revolve around a particular asset or combination of assets, including cash, publicly traded stock, municipal bonds, real estate, privately held stock, personal property (such as art), or life insurance.

There are three key issues to consider when making a gift to Tech: which assets to give, how to give these assets, and when to make a gift. Visit the Gift Planning Process page for more information.

We are here to assist you with your gift plans. To contact the Office of Gift Planning, please call 404.894.4678.

2. What is the most common way that people give to Georgia Tech?
A gift of cash is the easiest and most frequently used way to make a gift to Georgia Tech. The most common form of planned giving is a bequest, which is a gift that is made through a will or living trust. The Georgia Tech Foundation is often named the beneficiary in the wills and living trusts of alumni and friends. For more information on bequests, please refer to the section on Estate Gifts.

3. Which assets can I give to Georgia Tech?
You may give cash, publicly traded stock, municipal bonds, real estate, privately held stock, life insurance, and even personal property. Click here for more information about the types of assets you may give and the associated benefits.

4. Which gifts can provide income to me?
Gifts made to Georgia Tech through a charitable gift annuity or charitable remainder unitrust or annuity trust may provide you with income while also helping Tech.

5. Can I receive a tax deduction for my gift?
Different deductions are associated with different gifts. Factors influencing tax deductions include the assets you are giving Georgia Tech and when a specific asset is given. In general, for outright gifts to Tech, you will receive an income-tax charitable deduction. For more information about the types of assets you may give and the associated benefits, please visit our When to Make a Gift page.

6. What is the Georgia Tech Foundation's tax ID number?
Georgia Tech Foundation, federal tax identification number 58-6043294*

*SPECIAL NOTE: When designating the Georgia Tech Foundation or the Alexander-Tharpe Fund as the beneficiary of an IRA, life insurance policy, or other brokerage account, the beneficiary form often requires the tax ID number.

If you are making such a gift, please call Georgia Tech's Office of Gift Planning at 404.894.4678 to discuss where you would like your gift to make a difference at Georgia

7. What is the Alexander-Tharpe Fund's tax ID number?
Alexander-Tharpe Fund, federal tax identification number 58-6043226*

*SPECIAL NOTE: When designating the Georgia Tech Foundation or the Alexander-Tharpe Fund as the beneficiary of an IRA, life insurance policy, or other brokerage account, the beneficiary form often requires the tax ID number.

If you are making such a gift, please call Georgia Tech's Office of Gift Planning at 404.894.4678 to discuss where you would like your gift to make a difference at Georgia Tech.

8. How do I make a cash gift?
To give cash to Georgia Tech, simply make your check payable to the Georgia Tech Foundation and mail it to:
      Georgia Tech Foundation
      760 Spring Street NW, Suite 400
      Atlanta, Georgia 30308

Please include a short note with your check stating the purpose or designation of your gift or note the purpose on the memo line of your check. Your gift will be recorded and receipted promptly on behalf of the specific program, school, or other designation you indicate.

9. How do I make a stock gift by electronic funds transfer?

An electronic transfer of stock to the Georgia Tech Foundation can be made by contacting Linda Lilly at the Georgia Tech Foundation regarding the planned transfer. Call 404.894.6130 or e-mail linda.lilly@gtf.gatech.edu.

10. How do I transfer stock certificates?
Stock held in CERTIFICATE FORM can be transferred by mailing the certificate and the stock power, in SEPARATE envelopes, to:
      Georgia Tech Foundation
      Attn: Linda Lilly
      760 Spring Street NW, Suite 400
      Atlanta, Georgia 30308

11. How do I make a gift to Georgia Tech by wire transfer or a credit card?
For gifts by wire transfer, please contact the Georgia Tech Foundation at 404.894.6130 or the Georgia Tech Office of Development at 404.894.5544 to inform Georgia Tech of your coming gift and ensure your transfer is credited properly.

For credit card gifts, you will need to provide the Georgia Tech Office of Development with the gift amount and designation, and the credit card type, number, and expiration date.

12. Can my corporation participate in my gift to Georgia Tech?
Many corporations match the gifts of their current or retired employees. Your company's human resources department can provide details on its policies and can provide a matching gift form to include with your gift mailed to the Georgia Tech Foundation.