During the holidays, we look back on the year that was and begin to plan for the year to come. The same holds true at Wabash.
This has been an incredible year for the College. The unprecedented generosity and momentum as part of the Giant Steps Campaign has created a tangible buzz on campus and an enthusiasm for our future as more than 11,200 alumni, parents, and friends have contributed over $235 million in support of students.
“This semester, we have seen a revival of student life and spirit on campus, more than any of us have ever experienced during our time here,” said Student Body President Bryce McCullough ’23. “Clubs are putting on tons of events, students are out of their rooms, and we are all coming together in new ways. Each member of our community is invested and committed to one another, and we’re just getting started.”
Here are six ways you can add to this momentum and take your own giant steps for Wabash students before 2022 ends.
Click Here to Support Wabash Students Before December 31, 2022
Wabash makes it easy to support students and their unparalleled liberal arts education. Make your gift in any of the following ways by December 31 to receive credit for the 2022 tax year:
The Advancement Office will be open Tuesday, December 27, through Friday, December 30, from 8 a.m. to 4:30 p.m. EST as well as on Saturday, December 31, from 9 a.m. to 3 p.m. EST.
Like subscribing to your favorite streaming service, you can set up monthly, quarterly, or annual recurring gifts to support Wabash students. Spreading out payments is a convenient way to minimize the impact on your budget.
In order for gifts to be considered tax deductible for 2022, outright gifts made by check, credit card, and an electronic fund transfer (EFT) must be received by Wabash or postmarked by December 31. You may be eligible for tax benefits if you itemize deductions on your 2022 federal income taxes. Also, if you file an Indiana income tax return, the state will credit up to 50% of your gift to Wabash against your state income taxes with a maximum of $200 for individual and $400 for joint filers.
Wabash’s Federal Tax ID # is 35-0868202.
If you are age 70½ or older, consider making a qualified charitable distribution (QCD) from your IRA. While the minimum age for taking a required minimum distribution (RMD) from an IRA is 72, it does not affect your ability to make a tax-advantaged QCD starting at age 70½. While not considered a charitable contribution, the QCD is excluded from your taxable income.
For more information, click on Charitable IRA FAQs. If you wish to make a QCD gift, please use our QCD from IRA Gift Instructions.
What’s better than making a gift to Wabash? When your company matches it. Visiting our Matching Gift database to find out if your company has a program that can multiply the impact of your gift. Some companies will even match gifts by retirees, spouses, or partners of employees. Most companies will match donations made at any point during the last year.
If you are buying gifts online this holiday season, consider using Amazon Smile, which donates 0.5% of eligible purchases to the charitable organization of your choice. You can select Wabash as your charity. Although this will not provide you with any personal giving credit, you can make an impact while you shop.