We are all committed to safeguarding the affordability of a Ripon education for deserving students, regardless of their family’s financial circumstances. For many, those circumstances have become increasingly difficult.
The specter of economic distress looms large over the world, and our greatest concern is how it will impact students and their families.
While the College is weathering the storm reasonably well, only through your continued support will we continue to flourish and build upon the momentum we’ve gained. Below, you will find many ways to support Ripon College. Most of them are through your financial generosity, but there are a number of actions you can take to support your school that will make a lasting impact.
President, Ripon College
Ways to Give Today
You can make a gift online today by clicking here.
Call our toll-free gift line at: (877) 231-0455
Or mail a check to: Ripon College Office of Advancement P.O. Box 248 Ripon, WI 54971
Your outright gifts are fully deductible for federal income tax purposes up to 50 percent of your adjusted gross income Always consult with your tax advisor to see how a gift of cash can benefit you and Ripon College.
Gifts of Stock
How to Make a Gift of Securities
Giving shares of appreciated stock, mutual funds, bonds, and other securities often has significant tax benefits for the donor. Generally, gifts of appreciated shares held for more than one year are deductible at market value, regardless of cost basis. In addition, generally the donor does not incur any capital gains taxes on the appreciation.
Making a gift with these assets is a simple 2-step process:
1) Let us know you will be making the gift
Call, email or fax your name, the name of the security and number of shares to:
Donna M. Bukowski Advancement Office Phone: (920) 748-8367 Fax: (920) 748-9262 Email : email@example.com
2) Transfers of Individual Securities/Bonds from a Bank or Broker
Please instruct your broker to transfer your gift via DTC to our account:
Ripon’s Broker: BMO Harris Financial Advisors, Inc. DTC code: 0443 Account name: Ripon College Account number: 4RP-214270 Tax ID: 39-0826049 Contact # 1.800.472.0060
Receipt and Acknowledgment
Ripon will issue an acknowledgment letter stating the nature of the gift, the gift valuation date and the gift valuation amount for gift recognition purposes.
To make a stock transfer by mail please contact Donna Bukowski or the Advancement office for instructions.
For more information about gifts of securities, including gift valuation and date, and how to mail a gift of stock, please click on the box below:
Gift valuation date is the date the donor relinquishes total control of the asset to Ripon. In other words, the stock must be completely out of the control of the donor and in Ripon’s control. The date this happens depends on how the donor transfers the stock. It is the responsibility of the donor to document the date of the gift for tax purposes.
Electronic transfer through DTC
The gift date for gifts made this way is the date the securities/bonds are deposited to our BMO Harris account. It is not the date a broker puts the stock into a “temporary” gift account or “holding” account. Please note: Giving instructions to your broker does not constitute completion of a gift. If you write a letter of instruction to your broker on December 27, but the securities are not transferred until the following January 2, the gift valuation date is January 2.
By U.S. mail
Stock certificates that are mailed are considered to be a legal gift as of the date of postmark for the certificate or signature guaranteed stock power, whichever is later.
By UPS, FedEx, etc.
Stock certificates sent via third party provider are considered to be a legal gift as of the date of receipt at Ripon.
Certificate is hand delivered
The date both the certificate and the Irrevocable Stock/Bond Power are received by Ripon is the date of the gift. A signed stock certificate delivered in person will be valued on the date on which Ripon takes possession.
Stock registered to Ripon
Stock certificates registered in the name of Ripon are considered to be a legal gift as of the date of registration in Ripon’s name.
Mutual fund units
The date they are deposited to either our BMO Harris account or to a mutual fund account in the College’s name.
End of Calendar or Fiscal Year Gift Timing
If you intend to make a gift of securities, mutual funds, bonds or wire transfer prior to the end of the calendar or fiscal year, please allow three to six weeks processing time, depending on the type of transfer. Please contact us as soon as possible so we may assist you with this process. Ripon College’s fiscal year ends June 30.
Gift valuation assigned by Ripon is for gift recognition purposes only. It is the responsibility of the donor and his/her tax advisors to substantiate how the value of the gift was determined for tax purposes.
Calculated by averaging the high and low quoted selling prices for the stock as of the gift valuation date.
Calculated by averaging the bid and ask prices for the bond as of the gift valuation date.
Mutual fund units
Calculated using the NAV (net asset value) for the fund as of the gift valuation date.
To electronically transfer cash to Ripon, please contact Lori Schulze in the Controller’s Office at 920.748.8310 or by email at firstname.lastname@example.org.
Other Ways to Give
Giving long-term appreciated stock offers you a potential three-fold tax savings. First, you avoid paying capital gains tax on the increase in value of your stock. Second, you receive a tax deduction for the full fair market value of the stock on the date of the gift. The third tax savings is a reduction in the value of the donors’ taxable estate by the amount of the gift.
The value of your gift and the date of the gift are both determined by the date of the transfer, which is the date of the securities are received in a Ripon College account. To be sure the gift is made this calendar year, please allow adequate time for the transfer.
Assume you purchased a share of the Red Hawk Corporation in 1995 for $250 and the share is now worth $1,000. Also assume you are in the 27.5-percent federal income tax bracket. Below is an illustration of the benefit of donating an appreciated security to Ripon instead of a cash gift of $1,000.*
|Size of gift||$1,000||$1,000|
|Income tax deduction||($275)||($275)|
|Capital gains tax savings||n/a||($150)|
|After tax cost of gift||$725||$575|
|* The stock must be long-term, owned for at least one year and a day. * Always consult with your personal tax adviser to see how a gift of securities can benefit you and Ripon College.|
If you have owned your home or other real estate for a period of time, it likely has increased significantly in value. Before you sell real estate that would result in a sizeable capital gains tax, consider donating the property to Ripon — you’ll avoid the tax and realize a charitable deduction for the full fair market value of the property.
Do you have life insurance that you no longer need? Policies that are paid up may be deductible as gifts for their replacement value. Policies that still require premiums can also be used to make a gift, with future premiums deducted from your annual income tax.
Charitable bequests remain a popular way for many donors to perpetuate their giving for future generations. Join the partners in the legacy and make a bequest by specifying Ripon College:
- A dollar amount
- A percentage of your estate
- As a residual beneficiary — whatever is left after all other beneficiaries have received their bequest
Retained Life Income
You may find yourself in a position of holding assets that would make a meaningful gift in the future. However, you may currently require them to meet present and anticipated future needs. By placing appreciated property or cash into a charitable remainder trust, a unique gift arrangement can be made that would provide income for you and perhaps a specified beneficiary as well. Tax benefits include an initial income tax deduction and avoidance of capital gains tax for appreciated securities. At the end of the agreed period, usually the donor and/or their beneficiary’s lifetime, the remainder of the trust’s assets would be given to Ripon to help support future generations of students and faculty.
Leave a Legacy at Ripon
Did you know there are creative ways to support Ripon College? Ways in which the College, you and your loved ones all benefit at the same time? Such giving techniques are called “planned gifts,” because with thoughtful planning, you create win-win solutions for you and the College.
Visit our Planned Giving website for more information and assistance as you plan your family’s legacy.
The Annual Fund
What is the Annual Fund?
Support from alumni, parents and friends of Ripon strengthens the operating budget of the College. The Annual Fund provides funding for everything from scholarships and faculty salaries to library books and landscaping.
Ripon’s income from tuition, room and board and Endowment earnings does not cover all of the expenses incurred to provide a quality education for Ripon students. In fact, it never has for 150 years here at Ripon or at any private college. That is why the Annual Fund is so important.
Why does every gift make a difference?
In addition to supporting Ripon students, your gift is important because every gift, regardless of size, determines our giving percentage. Foundations and corporations look to this number as a measuring tool of satisfaction and often decide grants and other major gifts to the College based upon this percentage. In addition, U.S. News and World Report and other publications use our alumni giving percentage as a factor in their rankings. Your gift is a vote of confidence in Ripon’s educational program.
What is a matching gift?
Many corporations match their employee’s charitable giving efforts. You can pick up a matching gift form from your (or your spouse’s) human resources or personnel office. Please return this completed form with your gift to Ripon. To find out if your (or your spouse’s) employer has a matching gift program, check here.
How can I make my gift?
- Make it online at www.ripon.edu/gift. Visit our secure server and make your gift with your VISA, MasterCard, Discover or American Express.
- Call us toll-free at (877) 231-0455 or locally at (920) 748-8351 to make your gift or if you have any questions about making a gift.
- Send your check to Ripon College Annual Fund, PO Box 248, Ripon, WI 54971-0248
- Electronic Funds Transfer (EFT). Call us at (877) 231-0455 or (920) 748-8351 to receive more information about making your gift through monthly transfers from your checking account.
What vehicles can I use to make my gift?
- Credit card – we accept VISA, MasterCard, Discover or American Express.
- Appreciated Securities
Please call (877) 231-0455 or (920) 748-8351 to arrange the transfer or to find out more about this option and how you could avoid capital gain taxes.
When should I make my gift?
Gifts are appreciated at any time. Our fiscal year begins on July 1. To ensure your gift is processed for this fiscal year, please send your gift before June 30. To receive credit for this calendar year, please send your gift before Dec. 31.
Due to the high volume of credit card transactions during the holiday season, it is recommended (in order to guarantee credit as a 2012 charitable deduction) that credit card gifts made via the mail be mailed in time to be received in the Advancement Office byWednesday, December 19 . Online credit card gifts should be made by midnight on Friday, December 21 and gifts made by check must be postmarked by Monday, December 31.
There are a myriad of ways you can assist Ripon College and participate in our school’s future. Whether you are recommending the school to the son or daughter of a friend at a summer barbecue or sharing your experience and professional knowledge with current students or Ripon alumni, there is no shortage of ways you can help. We have compiled a few options here, but if you have other ideas or would like more information, please contact us!
Help Boost Enrollment
Show Your Ripon Pride
Share Your Expertise
Attend a Ripon Event
Start an Alumni Group in Your Area
Leadership Gift Societies
The 1851 Club
During fiscal year 2010-11, Ripon College established the 1851 Club to recognize alumni, parents and friends whose leadership financial support helps secure Ripon’s proud heritage and tradition of academic excellence ,now and well into the future.
Membership in the 1851 Club is offered to those who support the College at or above the $1,000 level in a given year or whose lifetime support is $50,000 or more. Membership in the 1851 Club also is offered to young alumni who have supported the College at a level equivalent to $100 for each year post-graduation. For instance, for someone who graduated five years ago, a gift of $500 or more will qualify the alumnus for membership in the 1851 Club, and a gift of $600 or more would be needed to renew the membership next year.
Leadership Gift Societies
By joining one of the following Leadership Gift Societies, you can be confident that your generous commitment is helping to further Ripon’s academic mission and support a quality education for Ripon students.
Founders’ Society – $25,000 or more The founders of Ripon College demonstrated their commitment to an excellent liberal arts and sciences education with leadership gifts. Members of the Founder’s Society confirm their dedication and continue the tradition of excellence.
Jeremiah W. Walcott Society – $10,000 to $17,999
In 1853, the Rev. Jeremiah W. Walcott provided the funds which made possible the first classes at Brockway College. Gifts from members of the Jeremiah W. Walcott Society provide the means to enhance and expand the programs offered at Ripon College today.
Orrin H. Ingram Society – $2,500 to $4,999
Board of Trustees member Orrin H. Ingram challenged alumni, faculty and friends to join him in making leadership gifts to the College to ensure greater financial stability. Orrin H. Ingram Society members continue to heed his challenge and strengthen Ripon’s financial foundation.
William S. Brockway Society – $500 to $999
Without William S. Brockway’s initial investment, Ripon College would not exist today. Members of the William S. Brockway Society invest in the future of Ripon, confirming their commitment to a quality, personal liberal arts and sciences education.
Presidents’ Society – $18,000 to $24,999 The presidents of Ripon College have maintained a consistent focus on the students. By making a minimum gift of $18,000, members of the Presidents’ Society show their support for today’s students.
Clarissa Tucker Tracy Society – $5,000 to $9,999 Known to many as the “mother of Ripon College,” Clarissa Tucker Tracy served as teacher and mentor to students from 1859 to 1905. Contributions from members of the Clarissa Tucker Tracy Society allow future students to grow and learn under the tutelage of today’s dedicated faculty.
Wilfrid of Ripon Society – $1,000 to $2,499
Seventh-century prelate Wilfrid of Ripon was one of the first to articulate the concept of the liberal arts. The College recognizes individuals who show their support of Ripon’s liberal arts and sciences mission with membership in the Wilfrid of Ripon Society.
Heritage Society – $150 to $499 The Ripon College heritage is a proud tradition of excellence and growth. Heritage Society members make possible the continuation of Ripon’s reputation as an institution of the highest order.