Ways to Give
The College of Business offers outstanding programs designed to compliment and extend our student's classroom experience. Our programs create an amazing learning environment for students.
The opportunities are here at the COB: Scholarships provide access and support for students; pre-professional development readies students to succeed after graduation; ethical leadership training prepares students to successfully manage the real world challenges of business and service through student leadership organizations engage our students in the community.
Your gifts to the Dean's Excellence fund, or to the Annual Fund (when designated for the College of Business), have an immediate impact, enhancing many of the College's most critical operational priorities.
Your unrestricted annual gift helps:
- Bridge the funding gap between state appropriations and college support needs.
- Make flexible resources available for strategic initiatives.
- Increase student scholarships.
- Provide new faculty research and curriculum support.
- Expand student leadership development.
- Provide career services for students and alumni.
- Enhance educational technologies.
Gifts of any size are appreciated and all gifts are tax-deductible. If your employer offers a charitable gift matching program, you can increase the size of your gift. Most companies who offer a matching gift program provide this information through their Human Resource Department.
Contributions earmarked for a named endowment serve to support the College of Business in an ongoing effort to become a leader in the CSU system in business education. Funds are distributed in targeted ways designed to materially improve the College’s performance.
The College offers the following naming endowment opportunities:
- Recruiting and Retaining Top Faculty – Opportunities include Endowed Chairs and Endowed Professorships.
- Attracting and Supporting the Best Students – Options include Endowed Scholarships for undergraduate and graduate programs as well as Endowed President’s Scholar Scholarships for declared Business majors.
- Ensuring Superior Academic Programs and Centers – Opportunities exist to endow the following Programs and Centers:
- Development of State-of-the-Art Facilities – Options for naming endowments include instructional laboratories, classrooms, conference rooms and offices
Planned gifts offer an opportunity to invest in the College of Business today without sacrificing the current income you receive from your personal investments. Successful estate planning addresses family considerations and major tax concerns while providing significant support to the College.
The benefits include:
- Income to you and/or another beneficiary for life
- Charitable income tax deductions
- Avoidance of all or a portion of capital gains tax on appreciated property
Establishment of a planned gift also qualifies donors for membership in our Legacy Society. Actions today will positively impact the future of the College. By remembering us in your will, trust insurance policy, retirement plan or with a life income gift, you can create a significant ongoing legacy such as an endowed faculty chair or endowed scholarship. Simply advise us that the College is included in your estate plan to become a member of the Legacy Society. Wording/language for these type of gifts can be found on the Estate & Gift Planning Website.
A donor may make a planned gift to the College through a variety of plans:
- Bequests –to the College of Business are deductible for estate and tax purposes and have no limitations.
- Charitable Gift Annuity – A fixed distribution rate for your retirement years.
- Charitable Remainder Trust – Referred to as the “last great tax shelter”, this can help you support the College and your heirs.
- Charitable Lead Trust – You “lend” assets to the College so that you can pass those assets to your heirs at greatly reduced levels of estate taxation.
- Life Insurance – Offers an attractive way to leverage low premium payments to make a major gift to the College. By naming the College of Business an irrevocable beneficiary and owner of a policy, you obtain an immediate tax charitable deduction for fully paid policies with cash surrender value.
- Real Property and Gifts In-Kind – Make an outright donation of such assets as closely held stock, land, equipment and other forms of property to receive an income tax donation.
Because of the tax and legal aspects of life income gift arrangements, it is advisable to include your accountant and attorney in any gift planning.
Endowed Faculty Chairs and Endowed Professorships build the reputation of the College of Business and are evidence of strong commitment to academic achievement. They foster a sense of tradition and reward our best faculty with the tools to become more productive.
To support the efforts of faculty and help us recruit, retain and reward the faculty excellence that increases our standing and benefits our constituents, consider supporting one of the following:
- Endowed Chairs are awarded to department chairs and superior faculty to enhance their scholarly efforts and research. The award provides the support necessary to attract talented faculty and enhance programs that in turn create outstanding programs for students. Typical funding for establishing an endowed chair is $1,000,000.
- Endowed Professorships are awarded to outstanding faculty members to reward and enhance scholarly efforts. The award allows the College to bring in talented faculty and provide the foundation for superior student learning. Typical funding for establishing an endowed professorship is $500,000.
Centers of excellence enable the college to ensure a superior academic program. Currently we are focusing on our Ukleja Center for Ethical Leadership that was created in 2005 as a university center. It is housed in the College of Business with a goal of providing positive solutions to ethical challenges facing our society. The Center has a three-pronged approach to applied ethics. It focuses on university research, education and community outreach through discovery, development and dissemination of knowledge.
Providing student assistance in the form of scholarship is a priority at the College of Business. Our impressive and diverse student body is active in numerous organizations and leadership opportunities. A significant number of our students are first-generation college students; their success is our success and the College supports their efforts in every way possible. With your help, students will have the opportunity to reach their full potential.
Endowed Scholarships are merit-based and awarded to deserving undergraduate students based on criteria set forth by the donor. A named endowed undergraduate scholarship can be created with a minimum gift of $50,000 and a graduate scholarship with a minimum gift of $100,000.
Student organizations are a vital aspect of the College of Business experience, creating networks and fostering the skills that ensure quick integration into corporate settings. Our student organizations are united in ABSOC, the Associated Business Students Organization Council. Comprising 12 student led organizations, ABSOC has been voted "best student government organization" at California State University, Long Beach for three of the past five years. Our business student organizations appreciate the unique perspective of corporate representatives and welcome corporate participation as guest speakers or mentors.