Ways of Giving
Your gift is tax-deductible as specified in IRS regulations. Here's how you can support St. John Fisher College:
Fisher Fund Gifts
Annual unrestricted gifts to the Fisher Fund are critical to the continued success of St. John Fisher as they provide flexible income to meet the school's highest priorities: student scholarship growth; faculty and program development; and technology, equipment and facilities improvement. Gifts to the Fisher Fund may be made via cash, check or credit card (American Express, Discover, MasterCard and Visa are accepted by the College).
Stock is such a convenient way of giving that many donors give gifts of appreciated securities to the Fisher Fund, thereby enjoying additional tax savings. If you transfer stock that has been held for more than a year and has appreciated in value, the College can sell the stock and you will avoid tax on the gain. To make a gift of securities please call, or have your broker call St. John Fisher College.
A matching gift program is a corporate-sponsored benefit that matches, doubles or even triples an employee's gift to St. John Fisher College. A wide array of companies and their subsidiaries as well as corporate foundations currently match their employees' gifts to charitable organizations. To find out more, please check with your Personnel Office or contact the Fisher Fund Office at 385-8006. Check to see if your employer participates in a matching gift program.
Memorial and Honor Gifts
Each year, St. John Fisher College receives numerous gifts "in memory" and "in honor of" students, faculty and staff members, parents, friends and others. Memorial and honor gifts may be unrestricted or designated to a particular area or fund. At the donor's request, the surviving spouse or a designated family member will be notified of the memorial gift. For gifts made in honor to recognize a particular person or occasion, the Advancement Office will send a special letter to the honoree notifying him or her of the tribute gift. For more information, please contact the Fisher Fund Office at 385-8006.
Over the years, many donors have chosen to give a bequest to St. John Fisher College through their wills. Through a bequest provision, you can designate a specific amount of money, a percentage of your estate, or the remainder of your estate after other bequests are satisfied. Charitable giving through a will benefits St. John Fisher College, but can also benefit your heirs Bequests that reduce the size of your taxable estate can reduce gift and estate taxes.
Gifts of Life Insurance
Life insurance may be an especially attractive gift vehicle if you own a policy that is no longer needed for its original purpose. In addition, those who qualify for low-cost premiums may find it more affordable and convenient to plan a significant gift to the College using life insurance. By naming St. John Fisher College as the owner and beneficiary of a life insurance policy, you can take an immediate tax deduction for the accumulated cash value of the policy (if any) and a future deduction for any subsequent premiums which you pay.