Generally, donors can designate funds to areas of greatest interest to them. Unrestricted gifts allow the Foundation to direct funds to the highest priority needs of the college.
Contact your tax adviser, insurance professional or attorney to maximize the tax benefits of your gift.
For an annual commitment of as little as $500, an individual or organization may have a fund named for them.
With a gift of at least $25,000, donors can create a named, endowed scholarship fund to award to students based on donor selected criteria. These endowed funds exist in perpetuity.
Beyond the usefulness of your gift, you receive tax benefits for your donation. Your gift should be made on or before Dec. 31 of the year in which you wish to receive the charitable income tax deduction.
A corporation is permitted to make and deduct philanthropic investments of up to 10% of its taxable income. As with individuals, a corporation may carry over excess charitable contributions to the next five years.
Contact Steve Wantz, Executive Director firstname.lastname@example.org or 410-386-8154