During this holiday season, as we celebrate the Giant Steps Wabash College is taking for our future, consider how your philanthropic support enhances and changes the lives of students—through scholarships, faculty support, immersive learning and numerous other life-changing experiences.
SUPPORT WABASH STUDENTS BY DECEMBER 31, 2018!
Take advantage of state and federal tax benefits by making a gift to the College by December 31.
Wabash College / Advancement Office / 301 W. Wabash Ave / Crawfordsville, IN 47933
WABASH ADVANCEMENT HOURS
While Wabash College offices will close the final week of December for the holidays, the Advancement Office WILL BE OPEN beginning Thursday, December 27, Friday, December 28 and on Monday, December 31 from 8:00am to 4:30pm EST.
RECURRING GIFTS ARE BUDGET FRIENDLY
Take your own Giant Step for Wabash students by setting up a recurring gift. Setting up monthly, quarterly, or even annual recurring gifts makes it easy and budget friendly to support Wabash College.
DOUBLE YOUR GIFT
Take just a few minutes to double or even triple the impact of your gift. Visit our Matching Gift website to find out if your company will match your gift to Wabash. Some will even match gifts by retirees, spouses, or partners of employees. What’s even better is that most companies with these programs will match donations made at any point during the last year!
USING YOUR TRADITIONAL IRA FOR GIVING
Tax legislation now allows those who are 70 ½ or older to give up to $100K per year to Wabash through their Traditional IRA. If you are taking required minimum distributions (RMDs) into your income, you can take advantage of the IRA Rollover to satisfy in part or in whole your RMD. For more information, click on Charitable IRA FAQ’s and if you want to pursue a rollover gift, please click on Rollover Instructions.
INDIANA RESIDENTS: TAKE ADVANTAGE OF STATE TAX CREDITS WHEN GIVING TO WABASH
If you file an Indiana income tax return, the state will credit up to 50% of your gift to Wabash against your state income taxes. Individual filers receive $100 credit for the first $200 contributed to Wabash, while joint filers receive $200 credit for the first $400 contributed to the College.
EXAMPLE
|
Tax Filing Status |
Married |
Single |
|
Initial Gift |
$400 |
$200 |
|
Indiana Tax Credit |
($200) |
($100) |
|
Federal Tax Savings (22% tax rate)* |
($88) |
($44) |
|
Total Out-of-Pocket After Filing Taxes |
$112 |
$56 |
|
Total Impact on Wabash |
$400 |
$200 |
*Higher federal tax rate results in higher federal tax savings.
USE AMAZON SMILE WHEN SHOPPING ONLINE
If you are buying gifts online this holiday season, think about using Amazon Smile—which donates 0.5% of eligible purchases to the charitable organization of your choice. You can select Wabash for your charity, and although this will not provide you with any personal giving credit, you can know that you are making an impact even while you shop.