Throughout its history, Allegheny College has enjoyed the loyal and visionary financial support of its alumni, parents and friends. This support continues to be critical to the College's mission. Our donors are motivated by a variety of personal reasons, including the desire to perpetuate important values and to sustain and promote the liberal arts. Others are grateful for their own Allegheny experience and want to pass on a similar opportunity to the students of today. Still others give because they are confident that the College will use their gifts wisely to generate cutting-edge ideas, research, and leadership for tomorrow. Maintaining Allegheny's tradition of excellence and ensuring a vibrant future are the objectives of the Tradition and Transformation campaign. Gifts to the College from alumni, parents and friends truly make a difference now and in the future.
There are numerous ways to make a gift of any size to Allegheny and resources at the College to assist you with making your gift a reality.
Unrestricted gifts - An unrestricted gift is the most flexible kind of gift. Donors making unrestricted operating or endowed gifts enhance the College's ability to apply financial resources where they are needed most.
Restricted gifts - Restricted gifts are earmarked toward one or more specific campaign goals. Donors may target their contributions in ways that reflect their interests while also addressing important College needs.
Outright Gifts - Outright gifts provide direct and immediate support to the campaign. Most outright contributions are gifts of cash or publicly traded securities, and donors who make them generally qualify for tax deductions. A gift of publicly traded securities provides you with a charitable tax deduction based upon the appreciated value of your stock, provided you have held the stock for at least 12 months and one day. You have the added benefit of avoiding the payment of capital gains tax.
Gifts of stock may be transferred directly to the College. For information on transferring a gift of securities, contact Julianne Weibel Foltz, Esq. in the Office of Gift Planning at (814) 332-2735 or jfoltz@allegheny.edu or Kate Copeland in the Office of Treasury Management at (814) 332-4789 or kcopelan@allegheny.edu.
Outright gifts may also be of closely held stock, real estate, or other property. (College approval is required for some gifts of real property or closely held stock.)
Planned gifts - While gifts of every kind are planned to some extent, some gifts require special attention so that your goals can be fully realized. Through effective gift plans you can balance (and sometimes even enhance) your personal financial goals and your charitable goals while reaping significant tax benefits. Two basic ways to accomplish this are through bequests (gifts at death) and life interest gifts, whereby you can either give the principal to Allegheny and retain the interest for yourself and/or another or give the interest to Allegheny and reserve the principal for yourself or others. Learn more about planned gifts...
The staff in the Office of Gift Planning is available to assist you, provide you with information and guidance, and to answer any questions you may have regarding your gift. Inquiries can be directed to Julianne Weibel Foltz, Esq. in the Office of Gift Planning at (814) 332-2735 or jfoltz@allegheny.edu.
