How to Give
Ways to Give
Support from alumni, parents and friends of Ripon College strengthens the operating budget and has an immediate impact on our ability to deliver on our mission. 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 here at Ripon or at any private college. That is why the Annual Fund is so important.
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 & 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.
Your gift might have a match
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 to make a gift
- Make your gift online. 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
- 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 you make your 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.
Gifts of Stocks and Bonds
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.
|Securities/Appreciated Property Worksheet|
|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.
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:
Phone: (920) 748-8366
Fax: (920) 748-9262
Email: [email protected]
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 Peggy Hutchings or the Advancement office for instructions.
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 [email protected].
1851 Club & Leadership 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.