How Can I Support Gutenberg?

The eScrip Program

Tax Savings

Tax savings increase when you give non-cash assets such as appreciated real estate or securities.

Gifts of cash are fully deductible up to 50 percent of the donor’s adjusted gross income. Any excess over the 50-percent deduction ceiling can be carried forward for up to five additional years.

Gifts of appreciated assets are fully deductible up to 30 percent of the donor’s adjusted gross income for that year. Any excess over the 30-percent deduction can be carried forward for up to five additional years.

Retirement income

If you need income for yourself or others, charitable-remainder trusts, pooled-income funds, and charitable-gift annuities allow you to give an asset to Gutenberg College now and receive income for the rest of your life. After your death, the college uses your gift for the purpose you specified.

Making a bequest to Gutenberg College allows you to retain ownership and control of all your assets during your lifetime when you may need them. A charitable bequest may also reduce the size of your taxable estate.

Gifts of Cash

A monetary gift to Gutenberg College is the most popular type of charitable gift. The gift is considered made on the date that cash is hand-delivered or a check/money order is mailed (postmark date). A contribution made by credit card can be deducted when the charge is made, regardless of the billing cycle.

Because of the availability of the income-tax charitable-contribution deduction, the net cost to you of a cash gift is lower than the face value of the gift.

Gifts of cash are fully deductible up to 50 percent of your adjusted gross income. Any excess over the 50 percent deduction ceiling can be carried forward for up to five additional years.