Make your year-end gift count.
Bethany College Closure Update
Bethany College, including the Center for Institutional Advancement, will be closed from Wednesday, Dec. 23, 2020 through Friday, Jan. 1, 2021. We will reopen on Monday, Jan. 4, 2021. During this period, we want to ensure that all donors who wish to do so are able to transmit gifts to Bethany College.
Please review the information below for details regarding making a year-end gift.
We will issue a 2020 tax receipt for an online gift if it is submitted by Dec. 31, 2020, at 11:59 p.m. Eastern Standard Time (EST). A gift made online after 11:59 p.m. EST will be issued a 2020 tax receipt. Make a gift online.
Phoned-in Credit Card Gifts
If you wish to make a credit card gift over the phone, you must call (304) 829-7485 by Wednesday, Dec. 30, 2020, at 4 p.m. EST in order to ensure timely processing and 2020 tax deduction eligibility. After Dec. 30 at 4 p.m. EST, please make your gift online.
Mailed-in Credit Card Gifts
IRS regulations consider a credit card gift as having been made at the moment it is processed. Therefore, mailed-in credit card gifts must be received by Wednesday, Dec. 30, 2020, in order to ensure 2020 tax deduction eligibility (regardless of the postmark date). If the credit card gift is not received by Dec. 30, 2020, we will issue a 2021 tax receipt. After Dec. 30, please make a gift online.
We will issue a 2020 tax receipt for a gift if it is postmarked on or before Dec. 31, 2020, AND the check is dated on or before Dec. 31, 2020. If either the check OR the postmark are dated after Dec. 31, 2020, we will issue a 2021 tax receipt.
To mail a gift, please make your check payable Bethany College and write “Bethany Fund” in the memo. Please mail your gift to:
Center for Institutional Advancement
31 East Campus Drive
Bethany, WV 26032
Electronically Transferred Gifts (Wire or ACH)
Electronic fund transfers (wire or ACH) will be accepted into Bethany College’s bank account during the closure period. We will issue a 2020 tax receipt for gifts received on or before Dec. 31, 2020. Please review the wire transfer information below for instructions. Please notify the Advancement Office at Bethany when transferring stocks. Your name is not transmitted with the transfer.
Wire Transfer Information
Bank Name & Address:
WesBanco Bank, Inc.
1 Bank Plaza
Wheeling, WV 26003
For credit to:
31 E Campus Drive
Bethany, WV 26032
Routing #: 043400036
Stock Transfer Gifts in Cooperation with Hazlett, Burt & Watson, Inc., Wheeling, WV
Please notify the Advancement Office at Bethany when transferring stocks. Your name is not transmitted with the transfer.
Deliver through DTC# 0226
Hazlett, Burt & Watson, Inc.
Account Number – WHQ-017566
For further credit to the Trustees of Bethany College
Peter Holloway, Broker
2020 Charitable IRA Rollover Opportunity
If you are 70 1/2 or older, you can make a charitable gift of up to $100,000 from your IRA, which will qualify as your required minimum distribution (RMD). You will not pay federal income tax on the amount given from your IRA to Bethany College.
Please remember that if you wish to make a Charitable IRA Rollover gift in 2020, you must do so by Dec. 31, 2020 in order for it to qualify this year.
If you already made a gift directly from your IRA to Bethany College at any point during 2020, your gift will qualify as a Charitable IRA Rollover. Please contact Shirley Kemp at (304) 829-7485 or by email at firstname.lastname@example.org with any questions.
Gift of Securities
Gifts of appreciated securities are a great way to transmit assets to Bethany College as charitable contributions. Please contact Shirley Kemp at (304) 829-7485 or by email at email@example.com with any questions.