What is Philanthropy Week?
Philanthropy Week is the point at which a student’s tuition “runs out” and gifts from alumni, parents, friends, faculty, staff, and other individuals begin.
Why is it so important?
Without the support of generous gifts to Albion College, Albion would not have all the resources we have today. Tuition only covers about 80% of a student’s education; the other 20% comes from gifts.
What does Philanthropy Week do?
Philanthropy Week raises awareness of our generous supporters and educates current students about why giving back is important. Students have the opportunity to learn about what gifts to the College benefit, write a few thank-you notes to College donors, and just enjoy a fun week to show some purple and gold pride!
Schedule of Events
The week of March 18-21 is Annual Giving’s Philanthropy Week (the new Tuition Free Day). We will be holding activities in the Kellogg Center Living Room daily from 12-2 p.m.
Tuesday, March 18
Kick Off Day
Come and learn exactly where money is used for when given to the Annual Fund. Enter a trivia contest to see if you know the most about Albion College. Enter our photo contest with the most creative way to say thank you to donors.
Wednesday, March 19
Why I Give
Stop by the Kellogg Center Living Room and see a video about why faculty and staff are giving to Albion College. Write two thank yous to donors and receive a cupcake or just grab some super sweet GIVEAWAYS.
Thursday, March 20
One Day I Want to Give
Check out what your fellow students and friends say they’d hope to give back to Albion College one day (both silly and real). Sign a banner celebrating that you want to give one day. Get yourself some awesome GIVEAWAYS!
Friday, March 21
Say Happy 179th Birthday Albion College and wrap up Philanthropy Week with free cake and pizza. Mingle with students or meet Brit the Briton. Find out the winners of the Philanthrophy Week photo and trivia contests.
Leading up to Philanthropy Week, Albion held its first photo contest with the various "price tags" around campus. Each price tag displays how campus buildings came to be and illustrates the private support that provides these opportunities.
During Philanthropy Week, students, faculty, staff, parents, and alumni gathered to enjoy pizza and cake while having a chance to spin the Wheel of Wisdom, search for words in our tuition- related word search, and write thank- you notes with the help of the Student Alumni Association.
Pictures of Philanthropy Week
(Rendering courtesy Foresight Design)
In spring 2000, Albion's softball field was dedicated as Dempsey Field, honoring Class of 1954 alumni Cedric and June Luke Dempsey, who have shared a love for athletics since their college days. A star athlete as a student, Cedric Dempsey went on to serve as president of the NCAA.
Under the athletics master plan, the softball complex will move to the east and benefit from its close proximity to the central plaza created as part of this plan. In addition to its new infield, the softball facility will have new dugouts, bleachers, and permanent outfield fencing.
"There has been a rise in competition for facilities in the MIAA and these facilities will place us on par with our MIAA rivals," Athletic Director Matt Arend said.
Building this softball complex, with permanent outfield fencing, will ensure that Albion will be eligible to host conference championship games. Relocating the softball complex will also open up other outdoor fields for uninterrupted intramural and club sport competition.
Named gift opportunities include:
- Naming of softball complex
- New red clay infield for Dempsey Field
- Backstop with brick wall
- Permanent outfield fence
- Permanent dugouts
- Permanent bleachers
- Press box and public address system
Influential 20s Competition
Results as of January 12, 2015, for Fiscal Year 2014-15. View past results
Which class will win the Influential 20s Competition?
Congratulations to the class of 2003 for winning the 2014 Competition with 16% classmate participation! The 2015 Competition leader currently is the class of 1997 with 11%. The classes of 1998 and 1999 are tied in second place with 9.4%. Remember you have until June 30, 2015 to participate.
What is the challenge?
The 2015 challenge is among the classes 1995-2014, (20 years of Britons). This competition is based on individual class giving participation. It’s simple: the more of your classmates who give to Albion, the higher your class participation goes. Graduates within the last 20 years account for 35% of Albion College Alumni. Young Alumni participation is vital to the future of Albion College!
What's in it for the class?
To heat things up, the class with the Highest Giving Participation Rate by June 30, 2015 will be presented with the Spirit Rock Award located in the Alumni Conference Room in the Kellogg Center. Be the next class listed on the Spirit Rock Award!
Interested in helping your class? Become a class agent !
What gifts count?
Any gift you make that is significant to you will go towards the competition. Consider a gift to The Albion College Fund or Briton Scholarship Fund. These gifts allow Albion to use the money where the need is greatest -- including (but not limited to): scholarships, campus improvements, faculty support, and academic programs.Learn more about the Albion College Fund and what unrestricted gifts can do for the college.
It is also possible to designate your gift to a specific department, program, or team. No matter where you designate your gift, it will go towards benefiting Albion College as a whole!
Will this really have a large impact on Albion College?
Young alumni involvement is vital to the future of Albion College. Your gift, no matter the size or designation, will make an impact on the lives of current and future Albion students.
Are gifts to the College tax-deductible?
Yes, gifts to Albion College are tax-deductible. After you have made your gift you will receive a gift receipt in the mail.
Make a gift today so you can count as a participant for your class!
Charitable Giving and the Averted Fiscal Cliff
What does the American Taxpayer Relief Act of 2012 mean for you?
Below are answers to some of the most common questions concerning the American Taxpayer Relief Act of 2012 (ATRA). Please contact the Albion College Development Office at
or 517-629-0402 with questions. As with all tax matters, Albion College strongly encourages you to consult with your tax advisor.
IRA Charitable Rollover
What is the benefit of the charitable rollover?
Avoid having your required distribution be taxed as ordinary income while making a difference in the lives of Albion college students faculty, and staff by making a charitable contribution.
How do I know if I qualify?
You qualify if you are age 70 ½ or older and have a traditional, rollover or Roth IRA.
What do I do to take advantage of the rollover opportunity?
Transfer money directly from your IRA to Albion College before Feb. 1, 2013 for 2012 tax year or December 31, 2013 for 2013 tax year.
Individual Income Tax Rates
Income tax rates have changed. What are the new rates?
The existing tax brackets were extended. There is a new 39.6% bracket for married couples making $450,000, heads of household making $425,000 and single persons making $400,000.
Long-Term Capital Gains
What happened with capital gains rates?
The 15% capital gains rate for those in most higher brackets were extended. However, individuals in the new 39.6% tax bracket will now be subject to 20% capital gain rate. Additionally, because capital gains for married couples over $250,000 and singles over $200,000 will be subject to the 3.8% Medicare tax, their capital gains rate will be 23.8%.
Gift and Estate Taxes
Were the gift and estate tax exclusion made permanent?
Yes. Marital portability and the $5 million exclusion amount (with indexed increases) for gift and estate taxes were made permanent. For 2013, the expected IRS ruling will set the exclusion amount at 45.25 million. The top rate for gift and estate taxes is 40%.
Because of these changes I’m updating my will/estate plans. Is there something I can do to minimize my estate tax burden?
Yes. Talk with your estate planner. You might consider a charitable bequest to Albion or other non-profits if you haven’t already done so. For those with larger estates, consider a testamentary unitrust, charitable gift annuity, or lead trust. Depending on your situation, all can be excellent planning options.
Itemized Deduction Limits
Itemized tax deduction limits changed. What are the new limits?
ATRA creates new fixed limits for itemized deductions. Married couples will be subject to the 3% reduced deductions for adjusted gross income (AGI) over $300,000. Single persons will use a floor of $250,000 of AGI.