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To make a gift, please make your check payable to Methodist University and mail it with this completed form to: Methodist University Attn: Office of Institutional Advancement 5400 Ramsey Street Fayetteville,
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To make a gift is to transfer ownership of property or assets to another individual voluntarily without receiving payment in return.
Any individual who gives a gift that exceeds the annual gift tax exclusion amount must file a gift tax return.
To make a gift, the giver must fill out IRS Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return.
The purpose of making a gift is to transfer assets to another person while potentially reducing estate taxes and avoiding probate.
Information such as the gift amount, description of the gift, recipient's information, and total lifetime gifts must be reported on the gift tax return.
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