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giving.ucsd.edu
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Definitions (40)
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Scholarships
For students with financial need, scholarships help bridge the gap between college expenses and financial aid.
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501(c)(3)
Section of the tax code that defines nonprofit, charitable tax-exempt organizations such as the UC San Diego Foundation.
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Annual Giving
An area of fundraising that focuses on recurring annual gifts from alumni, parents, faculty, staff and friends of the university.
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Beneficiary
The recipient(s) of donor funds.
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campaign
A well-defined fundraising effort that has specific goals, targets, funding needs and long-term organizational objectives.
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Bequest
The most common form of planned giving, a bequest to the university from an estate is made through a will or living trust.
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Charitable Gift Annuity
A contract whereby UC San Diego agrees to pay a fixed annuity to a maximum of two beneficiaries in exchange for the irrevocable transfer of assets by the donor to the university.
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Charitable Remainder Annuity Trust
A custom designed and individually managed trust funded through a gift of stock, cash or other assets that provides a predictable, fixed income for the donor and his or her beneficiaries, and a future gift to UC San Diego.
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Charitable Remainder Unitrust
A CRUT is very similar to the CRAT. The trust provides yearly, variable income to the donor or his beneficiaries for a specified number of years or for life; UC San Diego receives the principal and uses it in accordance with the donor's wishes.
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commemorative
A gift to honor or in memory of a special individual or loved one that can be directed to any area of the university. Gifts can also commemorate a special occasion, birthday or graduation.
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