Every gift leads us a step closer to our goal of finding a treatment or cure for blindness and vision loss.
Gifts to Scheie Eye Institute can be made in a variety of ways and can be directed to the
program of your choice, or to support the research of a particular physician or
scientist. All gifts are
welcomed and appreciated.
Unrestricted Gifts allow the department Chair to direct the funds to where
they are most needed.
Endowments and Professorships - Contributions that form the
basis of endowments last in perpetuity and may support a specific area of
research or a named professorship.
Education - Contributions support lectureships or educational
facilities, such as computer learning, medical libraries or classrooms. An
example is the David Kozart Memorial Fund which supports Resident education
through an annual clinical conference.
Research on a Specific Disease - Gifts can be designated to
support research in general or research on a particular disease or condition
such as glaucoma, macular degeneration, diabetes, or childhood diseases that
In Honor or Memory of your loved one or doctor - Gifts can be
made in honor of your physician or in honor or memory of whomever you choose.
Gifts made in honor of a Scheie Eye Institute physician will go to support his or her
research, if applicable.
Specific Funds - Gifts can be made to an established fund such
as the Harold G. Scheie Teaching and Research Fund or the UOP Macular
Ways to Give
Make a gift that may allow you to receive substantial tax
deductions. Gifts are tax deductible in accordance with the Internal Revenue
Code. Please talk to your personal tax advisor. Options include:
- Outright gifts by check or credit card
- Pledge of Cash with many options for payment schedules
- Securities, such as stocks and bonds or Real Estate. Gifts of Securities
and Real Estate are gifts of appreciated property that can generate a double
tax benefit. In addition to receiving a charitable deduction on income taxes
for the full, fair-market value of the property, the donor avoids capital gains
tax on the appreciated value. Property must have been held for at least one
year prior to transfer.
- Personal Property - The University maintains collections of rare books,
manuscripts, paintings, lithographs and sculpture, both for display and study.
Generous alumni and friends have donated most of these works. Artworks and
other collections are given for the unrestricted use of the University and are
reviewed for acceptance by the Curator. IF THE PROPERTY HAS BEEN HELD FOR A
YEAR, the donor's deduction is the fair market value of the piece at the time
of donation, as established by an independent appraisal secured by the
- Planned Gifts - More detailed descriptions of the following gifts can be
found at the PENN Medicine's Office of Planned Giving website.
- Bequests - Gifts through bequest can be made for general or specific
purposes through the following clause "I hereby give, devise and bequeath to
the Trustees of the University of Pennsylvania, a nonprofit corporation
organized and operating under the laws of the Commonwealth of Pennsylvania, the
sum of $_______ [or other specific description of the gift] to be used by the
Scheie Eye Institute at PENN Medicine [describe purpose of gift here if
Charitable Gift Annuity
The simplest gift arrangement, a
charitable gift annuity is a contract between Penn and the donor, providing for
the payment of life income at a fixed rate. The donor receives an income tax
deduction in the year of the gift, subject to the usual rules of
Charitable Remainder Trust
A charitable remainder trust
allows a donor to transfer assets into a separately managed trust that will
provide beneficiaries named by the donor income for life or a specific period
of years. The donor decides the payout of the trust in consultation with
trustees who are selected by the donor.
Pooled Income Fund
Penn's Pooled Income Fund operates
similarly to mutual investment funds. Donors' contributions are "pooled" under
the trusteeship of the University. All income earned by the fund in each
quarter is paid out to the participants, in pro rata shares.
The large cash value resulting from a
relatively small premium makes a life insurance policy an attractive planned
Many companies match employee donations, which
can double the impact of your gift. Check with your Human Resources