There are a myriad of ways to support University of Maine at Farmington:

• Gifts of Cash
• Stocks and Securities
• Real Estate
• Personal Property & In-Kind Gifts
• Matching Gifts
• Planned Gifts (Bequests, Life Insurance, Charitable Gift Annuities)

Please contact Pat Carpenter, director of gift planning, at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or at 207-778-7091 for more information about ways to give.

Gifts of Cash

Gifts of cash represent the simplest form of a gift and can be done through UMF’s online giving site: or by sending a check to UMF at 242 Main Street, Farmington, ME 04938. With a gift of cash, a donor may deduct the value of his gift, up to 50 percent of his adjustable gross income, as a charitable contribution in the year the gift is made. Cash gifts are considered transferred on the date they are hand-delivered to UMF or postmarked.

Gifts of Publicly traded Stocks and Securities

Gifts of Publicly traded Stocks and Securities are a way to receive double benefits; those that have been held for more than 12 months can be deducted from your taxable income at their fair market value, without paying capital gains tax on the appreciated portion of the gift. Gifts of stocks or securities are valued at their fair market value on the date the certificates are transferred to UMF. For publicly traded securities, the fair market value is computed as the average of the high and low market prices on the date of transfer.

UMF uses E*Trade Securities, LLC. Please call the Development Office at the Ferro Alumni Center at 207-778-7091 for the DTC and account number as well as to inform them of the following:

• The number of shares being transferred
• The name of the corporate stock
• The name of the issuing company
• The purpose of your gift

Gifts of Real Estate

Gifts of Real Estate that has been owned for more than 12 months may be used to make a major gift to UMF, in accordance with University of Maine System and IRS requirements. These properties must be appraised by an independent, qualified appraiser to determine the value, and UMF may choose to conduct an environmental study of the property before the gift is accepted. Please contact the Development Office at the Ferro Alumni Center to discuss a gift of real estate.

Gifts of Personal Property and In-Kind Gifts

Gifts of Personal Property and In-Kind Gifts make attractive contributions to UMF if they support the mission of the university and can be sold for the benefit of the campus, and are in accordance with University of Maine System and IRS requirements. Please contact the Development Office in the Ferro Alumni Center for more information regarding gifts of personal property.

Matching Gifts

Matching Gifts are a benefit to employees at some corporations. The company will match an employee’s gift to a non-profit at different levels: one-to-one; one-to-two; etc. Check with your human resources office to ask what their policies are and to request a matching gift form.

Planned Gifts

Bequests written as part of a last will and testament are sometimes the biggest gift from a donor to UMF. When a donor’s estate matures, the wishes of the donor are followed, thus it is imperative to notify the staff at the Development Office in the Ferro Alumni Center before working with your lawyer. Please call 207-778-7091 for appropriate wording.

Charitable Gift Annuities are income producing instruments which UMF, along with the University of Maine System, and an interested donor (in specific states) can establish. A particular annuity payment will be issued according to the American Council on Gift Annuities which sets the annuity rates; these are fixed for life and guaranteed by the University of Maine System.

Gifts of Whole-Life Insurance Policies are another way for a donor to make a major gift. Whether in a new or existing policy, naming UMF as the sole beneficiary or owner of the policy can translate into a gift. A call to the Development Office in the Ferro Alumni Center will answer any questions you may have regarding gifts of life insurance.

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