What to Give
Gifts of Cash
Making an outright gift of cash is a simple method of giving. It is not subject to gift or estate taxes, and you may be able to deduct the gift amount on your federal income tax return, approximately up to 50 percent of your adjusted gross income. Should the gift total exceed the gift ceiling for one year, you can carry over the remaining deduction to succeeding tax years until it's exhausted, or for up to five years, whichever comes first. So with careful planning, nearly every outright gift to Whittier College can be fully deducted.
Make checks payable to Whittier College and send to:
Office of Advancement
13406 E. Philadelphia Street
P.O. Box 634
Whittier, CA 90608-0634
A fast and convenient method for giving, we accept gifts via credit card through a secure online service or by calling the Office of Advancement at 562.907.4219.
Gifts From Your IRA
"Rollover" Into Tax Savings. If you are 70 1/2 or older, you might consider making an IRA charitable rollover gift this year. Your qualified charitable distribution (QCD) of up to $100,000 will:
- Help satisfy your required minimum distribution (RMD) for the year.
- Reduce your taxable income, even if you do not itemize deductions.
- Not be subject to the deduction limits on charitable gifts.
Contact your plan administrator to make a qualified transfer from your IRA directly to Whittier College (Tax ID# 95-1644048).
Donor Advised Fund Gifts
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting the charitable organizations you care about most.
When you contribute cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity, including Whittier College.
Please contact the Office of Development at 562.907.4200 or firstname.lastname@example.org to discuss using your DAF to support Whittier College and our mission.
Gifts of Stock
Gifting securities to Whittier College offers tax advantages over cash gifts. You will receive credit for the full market value of the stock and will avoid capital gains tax.
Here is the Information you need to give to your broker to complete simple electronic transfers.
Wells Fargo Advisors L.L.C.
c/o Mr. Ryan P. Hawkins, CFP
Senior Financial Advisors
1551 N. Tustin Ave., Suite 100
Santa Ana, CA 92705
Toll free: 888.333.7807
Whittier College Account #8313-6985
College Tax I.D. #95-1644048
The date of receipt of the stock in Whittier College’s account is generally considered to be the date of the gift for valuation purposes.
PLEASE NOTE: When you are gifting stock, please let us know when and from which Brokerage office it will be sent. Contact the Office of Advancement at Whittier College at 562.907.4219.
Gifts of Real Estate
Gifts of real estate often allow flexibility and added benefits including the following:
- You can attain a level of giving you might not have considered possible through an asset you own right now.
- You will receive the maximum tax deduction allowed by law when you contribute property to Whittier College.
- You avoid capital gains tax with your gift of real estate.
- You may participate in an opportunity which allows you to diversify your assets and establish an income stream for your lifetime.
- You can begin to achieve your dreams of charitable giving immediately!
Types of Real Estate You Can Give
- House or condominium
- Apartment building
- Undeveloped land
- Shopping center
- Farm or agricultural land
- Vacation home
- Commercial or industrial building
- An undivided interest in real estate
For more information on making a gift of real estate, please contact the Office of Advancement at 562.907.4219.
Company matching-gift programs match all or a percentage of employee contributions, creating a partnership in your philanthropy and increasing the impact of your gift. Simply obtain a matching-gift form from your employer’s personnel office, fill it out, and provide it to Whittier College with your contribution. We’ll take care of the rest! For more information on matching gifts, contact the Office of Advancement at Whittier College at 562.907.4219.
Gifts in Kind
Gifts in Kind are non-monetary items of tangible personal property or other physical assets that represent value to Whittier College. Examples might include books, artwork, and equipment. If you believe you have a potential Gift in Kind, please call the Office of Advancement for further information at 562.907.4219.