Is my gift tax deductible?
This depends. All giving levels from the $15,000 commitment and below are not by default. Tax deducible gits are routed through the SigEp Foundation, a 501(c)3 eligible charity. These gifts are restricted and may only be used in supporting the prorated primary educational space of the chapter home. If an architect determines 25% of the space is primary educational, than 25% of the building and operational costs of the home may be used from this account. All other gifts are being routed to a savings account held by the AVC. These are not tax deductible but are also unrestricted in how they are used. They can be used to pay architects, furnishings, and most importantly; towards the general construction costs. In the simplest terms, if we were to build a $1Million facility; and 25% of the square footage is for primary educational purposes in accordance with IRS guidelines; then we could use $250k from the SigEp Foundation account and the remaining $750k would come from the unrestricted account and a mortgage. Of course we are willing to work with potential donors on a case by case basis if a tax deduction is required. Our goal is to keep 50-60% of the campaign monies as unrestricted.
Are there other ways to setup and submit my gift?
Yes! We are very flexible when it comes to setting up gifts. Our monthly recurring setup is designed to be the simplest way to contribute by default but if you would like to submit quarterly, annually, or by mailing a check we can work with you to set that up as well with friendly reminders when your next contribution is due. Please reach out to a member of the campaign committee and we will be more than happy to help set it up.
I need to take a pause on my gift contribution. How can I manage my gift?
No worries! Life happens! If your gift is setup for monthly recurring payments you can manage your gift through the donor portal found under My Account. If you have an alternative arrangement then please contact a member of the campaign committee and we will be more than happy to help you out. There is no penalty to pausing your gift. In fact, you can make up for lost time later on if you wish. We will use the total contribution we receive during the campaign in determining your final giving level and incentives.
Where can I see my giving history?
All giving history may be viewable through the Donor Dashboard located under My Account. Recurring gifts will show up automatically in your history. Offline gifts will be added by the campaign committee on a monthly basis so they may be a bit behind. You should receive email receipts and a year end giving total report automatically.
My company has a charity match program. Can I use this?
Yes! If your company already has the SigEp Foundation listed; most match portals have a memo line that the employee can designate “WI-Theta RLC” so that the matching gifts are directed to our housing fund. If your company has a charity matching program for 501(c)3 charities but does not have the SigEp Foundation listed; please let us know and we can try to help facilitate it getting added.