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Contributions to CSFPA
Why Donate?
The campus ministries
of CSFPA rely on financial contributions of individuals and congregations who
believe in our mission and vision. Each designated or undesignated gift is utilized
to cover salary and benefits of current campus ministry staff and their families. Plus,
as directed by CSFPA Board, monies are set aside for basic administration costs and the
establishment of future campus ministries throughout the Commonwealth of Pennsylvania.
Contributors to CSFPA share one important reward for their gifts: the personal
satisfaction of making an investment in the lives of young men and women seeking
answers to life’s biggest questions. Each gift demonstrates an individuals’ commitment
to see the university or college permeated with the message of hope. The results
of this commitment are visible, as students adventure out into society with
a Christian world and life view integrating their faith with their field of
study.
If you have further questions or would like to begin making contributions please
feel free to contact Donor Services.
Methods of Giving
Cash gifts:
You can specify the purpose of your gift and campus ministry that will benefit
from your generosity. Our goal is to blend your vision with the objectives
of CSFPA. We will work as a team with you, identifying potential avenues that
will bring satisfaction for you and CSFPA.
Gifts that are not restricted in purpose provide needed flexibility. These
gifts allow the Board of Directors to channel financial resources to areas
of greatest needs. Unrestricted gifts are especially valuable to meet the ever-changing
and often unexpected challenges of campus ministry.
You may choose to create an endowment with your gift. Endowed funds are maintained
permanently, and a designated portion of the investment return is use as you
specify. The rest is reinvested, so your endowment principal maintains its
value.
Securities:
A gift of securities/trusts is a popular alternative to a cash gift because
it actually saves taxes twice. You not only receive an income tax deduction
for the full fair market value of your securities if you held the securities
for more than one year, but you also avoid capital gain tax on the appreciation.
You may claim an income tax charitable deduction of up to 30% of your adjusted
gross income for a gift of securities held for more than one year. As with
gifts of cash, any deduction you cannot use in the year of your gift may be
carried over and used for up to five additional years.
Trusts:
If you are looking for flexibility in how your wealth is managed by reducing
the amount of estates taxes and avoid probate then giving to CSFPA through
personal trusts accounts will provide a solution. Personal Trusts enables you
to transfer ownership of money or property to a trustee who manages and distributes
the assets according to your wishes. Some of the more popular personal trusts
are:
A Living trustThis trust is created during the grantor’s lifetime in which he/she retains
the control of assets and the ability to revoke or amend.
Testamentary TrustThis trust is created under the grantor’s will and takes effect upon his/her
death. The trust can be structured to provide maximum use of the estate exemption
amount to save on taxes.
Charitable Remainder TrustDesigned to help the grantor avoid capital gains taxes on sale of assets.
Endowments:
Endowments to CSFPA are invested by the Foundation and remain intact forever.
Each year, a portion of the fund’s investment is made available for whatever
the benefactor has selected. The remaining amount is retained in the principle
as protection against the eroding consequences of inflation. The principle of
fund remains intact and grows in value throughout the years, thus endowments
keeps CSFPA strong and vital.
CSFPA’s endowments support the establishment of future campus ministries;
current salaries and benefits package that include income for retirement and
health insurance. These endowments also support existing campus ministries by
securing income for the position of campus ministers.
There are numerous ways to fund a CSFPA endowment. For example, an endowment
can be established by a current outright gift of cash or securities or as a part
of an estate plan. A strong Endowment helps ensure a Christian presence on campus.
How to Donate
Mail:Mail us your name, address, and amount in check or money order. If applicable,
be sure to include a designated campus or ministry staff. All undesignated contributions
will go toward the general fund and will be used where most needed.
Phone:Call 814-865-4843 and ask to speak with Cheri, our administrative assistant.
Automatic Giving (future):We are currently looking into the possibility of providing a secured automatic
giving feature that will allow you to transfer specific amount from your bank
account each month as a gift to CSFPA. The benefits of this feature will save
time and reduce the costs of check writing and postage. Plus, it will give you
the freedom of contributing even when you are away from home.
Workplace Giving (future)Many employers will match gifts designated to a 501 c-3 charity of which CSFPA
is recognized as such. We are currently investigating matching programs that
will allow contributions for religious non-profits.
Contact Donor Services
Email:Mailing Address:Donor Services
Christian Student Foundation
Po Box 221
State College, PA 16804
Phone:814-865-4843
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