Cash/Check
Making a gift of cash or check is the easiest and most popular way to give to Witt. Gifts of cash or check are considered complete as of the date of mailing or hand delivery. A gift of cash or check is deductible for a percentage of your adjusted gross income and any excess deductions can be carried forward (ask us for current IRS rules).
Credit Card
Gifts by credit card (MasterCard, VISA, Discover and American Express) provide another convenient and secure way to make a charitable gift to Witt. Credit card gifts are considered complete as the gift is posted and the same deduction rules apply as for cash or check. You can make a at any time.
Securities (Stocks and Bonds)
Gifts of appreciated securities (stocks, bonds, and mutual funds) are a common alternative to gifts of cash and can offer donors a double tax benefit. Securities held for more than 12 months are deductible at full fair-market value up to a percentage of your adjusted gross income and any excess deductions can be carried forward for subsequent years (ask us for current IRS rules). Donors bypass any capital gain taxes on the appreciated value, offering a smart way to make a difference for Witt. Contact us for stock transfer information.
Donor Advised Funds
Reflecting a nationwide trend, many donors and friends are recommending gifts to ÃÛÌÒÖ±²¥ from their Donor-Advised Funds (DAFs). DAFs are established through the nonprofit arms of financial-services firms or through other sponsoring organizations, such as a community foundation. You can recommend a gift to ÃÛÌÒÖ±²¥ by contacting your financial institution or fund manager. The gift will be sent directly to ÃÛÌÒÖ±²¥. *Please request for your name and address to be included, as some funds only include the fund’s name and address.
Tax ID: 31-0537177
Board of Directors of ÃÛÌÒÖ±²¥ College
Already have a donor-advised fund? Use our quick link tool to find your financial institution or foundation and recommend a gift to ÃÛÌÒÖ±²¥.
Charitable IRA Provision
Donors who are at least 70½ years of age may transfer up to $100,000 from their IRA assets directly to ÃÛÌÒÖ±²¥each year. Although there is no charitable income tax benefit received by the donor, those who make direct transfers from IRA assets also avoid including the donated amount in their income. Many donors choose to satisfy their annual required minimum distribution by making a transfer directly to Witt!
To make the process of IRA giving easier for you, ÃÛÌÒÖ±²¥has invested in that guides you through the process of donating from your IRA account in about 10 minutes.
Real Estate and Other Tangible Property
Many donors find that donating real estate, art, or other appreciated assets to ÃÛÌÒÖ±²¥allows them to make gifts that would not otherwise be possible. Gifts of real estate can also provide double tax benefits to donors if held more than one year, affording bypass of capital gains and deductions against adjusted gross income. These gifts can also be made now or in the future via will or charitable remainder trust. Although these gifts are accepted on a case-by-case basis, their impact can benefit ÃÛÌÒÖ±²¥for years to come.