• oFoundation acknowledgment states the name and quantity of cryptocurrency and date received, but not a value.

• Other Complex Current Gifts (Remainder Interests in Property, Oil/Gas/Mineral Interests, Bargain Sales).

• oEvaluated by the Foundation and KSU on a case-by-case basis, with guidance from legal counsel and philanthropic advisors as needed. Requires approval from the Foundation Board and appropriate KSU endorsement (potentially KSU Board of Regents' approval).

Deferred Gifts:

• Estate Notes. A written, unconditional pledge to be paid by the donor's estate if not fulfilled during their lifetime. A simple form approved by Foundation legal counsel can be used. Lifetime payments apply to the note balance.
• Bequests (through Wills and Trusts).
• oGifts to the Foundation are recorded when the gift becomes irrevocable. If irrevocable but due in the future, the present value may be recorded then.
• oUnrestricted bequests are typically added to the Foundation's general endowment for KSU's benefit, unless otherwise directed by the KSU Board of Regents for pressing KSU needs.
• oRecommended bequest language should be provided to donors, always naming “KSU Thorobreds Foundation, Inc., for the benefit of Kentucky State University.” Include the Foundation's Federal Tax ID.
• oInclude flexible language for restricted bequests in case the original purpose becomes impossible or impractical, allowing redirection by the KSU Board of Regents (in consultation with the Foundation Board) to a closely related purpose.

• Transfer on Death (TOD) / Pay on Death (POD) Designations.

• oDonors may name the Foundation as beneficiary of bank accounts (POD), investment accounts (TOD), real estate, or other assets.

• Life Insurance.

• oFoundation as Owner & Beneficiary. If the Foundation is named irrevocable owner and beneficiary, the gift is recorded at its interpolated terminal reserve value or cash surrender value upon receipt. Subsequent premium payments by the donor are additional gifts. The Foundation may choose to continue premiums, convert to paid-up insurance, or surrender the policy if the donor ceases payments.
• oFoundation as Beneficiary Only. Naming the Foundation as sole or contingent beneficiary is encouraged. Not recorded as a gift until the gift is irrevocable (typically upon the donor's death or when ownership is transferred).
• Retirement Plan Beneficiary Designations.