Now accepting cryptocurrency!
Donating cryptocurrency directly to Berea College is more tax efficient and can save you money.
The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax-efficient way to support Berea College. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return.
Your gift provides tax benefits to you and continues to support Berea’s mission and students for years to come.
Become a valuable monthly donor and invest in lives of great promise year-round. Your generous monthly gift will go farther for students with limited resources and unlimited potential. A gift of $250/month completes the cost of a Tuition Promise Scholarship for one student.
Send your check by mail, payable to:
Berea, KY 40404
Employer Matching Gifts
Many companies participate in gift matching programs; some will even match gifts made by retirees and spouses of employees. Check with your employer to find out if they participate in a matching gifts program.
Electronic Funds Transfer
Gifts in Kind
Corporate & Foundation Gifts
With thoughtful planning you can provide long-lasting support and impact the lives of students. Discover the tax-saving benefits of an annuity or trust which provide income for life, or establish your legacy by adding Berea to your estate plans.
Donor Advised Funds
A donor advised fund gives you the flexibility to determine how much and how often a gift is made to Berea College with a tax advantage. It is an excellent way to amplify your charitable giving and achieve your philanthropic goals.
You may be able to take your required minimum distribution (RMD) from your IRA for the tax year with an IRA charitable distribution or “rollover.”
Funds can be transferred directly to Berea College by your IRA plan manager without increasing your taxable income.
Stocks and Securities
These gifts may be tax-deductible at fair market value on the date that the College officially records the securities in its name.
|Physical Delivery:||DTC Information:|
Office of Financial Affairs
Lincoln Hall, 2nd Floor
Berea, Kentucky 40404
|DTC Participation Number: 2616
Account Number: 21-75-080-4477631
Account Name: Berea College Invested Income
Attention: PNC Bank – Matt Uber
(Please include donor’s name)