Some of the most common ways to make a gift to Wellesley College are to write a check, make a gift using a credit card, or donate online.

A gift of cash could be right for you if:

  • You want the easiest way to donate to Wellesley.
  • You want the largest possible income tax charitable deduction for your gift.
  • You would like to make the gift to Wellesley that has the greatest immediate impact.

How it works

You make a gift of cash directly to Wellesley and you receive an immediate income tax charitable deduction.

How Your Gift Helps

 

Your gift to Wellesley College helps us provide an excellent liberal arts education to women who will make a difference in the world by ensuring that we have the resources to:

  • Remain deeply committed to gender equality as foundational to societal progress well into future generations.
  • Value the equal dignity of every member of the community and our sustained connection to one another, to our campus, and to our mission.
  • Advance our mission by working together as a community—faculty, students, staff, and alumnae—guided by deeply held shared values.
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What is an outright gift of cash?

An outright gift of cash is when you transfer funds to Wellesley College and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to Wellesley College.

Gift provides immediate support

Unlike some other gift arrangements, your outright gift will provide resources that Wellesley can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.

Maximum tax savings

You may deduct the full amount of your donation up to 50% of your adjusted gross income, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.

Ways to give cash

Most donors make an outright gift by writing a check payable to Wellesley College and mailing it to us. You may also make a cash gift using your credit card.

Example

Sonja Villarreal would like to make an immediate $15,000 gift to Wellesley College. Sonja could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Sonja could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.

Benefits

  • Sonja may deduct up to 50% of her adjusted gross income for her gift of cash, providing tax savings if she itemizes.
  • If Sonja itemizes deductions but cannot use the entire deduction in the year of gift, she may carry the balance forward for up to five additional years. 
  • Assuming Sonja itemizes deductions and can use her entire income tax charitable deduction of $15,000, she will save her $5,550 (37% tax).
  • Sonja will gain the satisfaction of making a $15,000 gift to Wellesley.