Every dollar ICI raises goes directly to our 31 member colleges and universities and their students. ICI does not collect fees or level administrative charges on any philanthropic gift.
Ways to Contribute
Since 1948, Independent Colleges of Indiana has served as the collective voice for excellence and choice in higher education for all students, regardless of family background. One of our objectives is to ensure that access to private higher education is affordable for all students. Raising money to support our member campuses and their students is key to accomplishing this objective. As a result, ICI offers a variety of giving vehicles to fulfill a donor's interest or charitable giving plan. ICI welcomes:
Unrestricted support is the most difficult type of funding for campuses to raise, yet it is the most critical. Donors who make unrestricted gifts understand the importance of providing operating support to our member campuses. Unrestricted dollars help pay for equipment, support capital projects, aid in attracting and retaining world-class faculty, and are a component of need based financial assistance to students.
Donors may restrict the use of their donation to a particular purpose or project. An example is a gift to the ICI Tech Fund.
Unrestricted scholarships to ICI ensure that the benefits of a liberal arts education are available to all of Indiana's students by awarding scholarships based solely on financial need. More than 90% of ICI students receive financial aid, with institutional aid from the colleges making up the lion's share. This generous aid, combined with the shorter time to degree and earlier earning power, makes a private college education a smart financial choice.
These gifts are donor directed to meet a variety of needs such as support for students in a specific academic discipline; students who maintain a certain grade point; students from a particular geographical region; students from low income families; first generation students; or, any purpose that serves the charitable giving interests of the donor.
These programs are created to recognize or honor an individual or a company and can offer many opportunities to the donor to customize the way the scholarship is administered.
Donors may make ICI the beneficiary of a will, insurance policy, or trust. Consult your attorney or estate planning professional about the tax advantages of planned gifts. Please contact our office is you have questions or would like additional information.
Gifts of Stock
Gifts of stock to ICI may help you avoid tax on capital gains and receive a deduction for the market value of the stock. Please check with your accountant or stock broker for details.
American Taxpayer Relief Act - 2013
The New Tax Law provides major current gift opportunities for the donor. Donors who qualify for the Charitable IRA Rollover gift can make a tax smart current gift of $100,000 to ICI and married couples who qualify for this gift can join together and make a tax saving $200,000 current gift to ICI if they make gifts this year.
The New Tax Law also provides new incentives for major current gifts of appreciate stock, real estate, and other appreciated assets. The New Tax Law also provides important additional incentives for donors to make gifts that provide life income and save income, capital gains, and estate tax - the New Law also provides donors important reasons to create Charitable Lead Trusts with ICI. Please review your estate plan with your professional financial advisor to obtain the best plan for your charitable interests.