Guide for Giving
100% of your contribution goes to Newberry’s mission to serve students.
“By selecting Newberry College to receive my required minimum distribution, I will pay no withdrawal taxes on that amount and my taxable income for that year will not be affected. I like the idea that all of my RMD is directed to Newberry College, the qualified charitable institution of my choice, rather than losing 40% or more to taxes. Hail Scarlet and the Gray!” - Benny Ferguson (‘70)
COMPLETING MORRIE’S DREAM
As president of Newberry College for over a decade, great strides were taken to change the landscape of the campus. Phase I & II of the stadium were completed, giving us the Younts Strength & Conditioning Center and the Founders Federal Credit Union Field House.
Morrie dreamed of completing the stadium renovation… giving Newberry’s student-athletes a home stadium that makes us all proud. We have one more phase to finish.
Morrie’s dream is nearly a reality.
https://www.newberry.edu/giving/completing-morriesdream
HELP BUILD THE NEXT CHAPTER OF NEWBERRY COLLEGE
While small colleges across the country are closing their doors, Newberry College is thriving — with five consecutive years of record-breaking enrollment, expanding academic programs, new facilities, and growing regional impact. Now, we’re calling on our alumni, community, and friends to help ensure that this momentum isn’t just a moment — it’s a legacy.
https://www.newberry.edu/giving/newberrys-nextchapter
TOP
6 REASONS TO REMEMBER NEWBERRY COLLEGE IN YOUR WILL
1. Create a Lasting Legacy
When you include Newberry in your will, you become part of its story forever. Long after your lifetime, your gift ensures that future students will carry forward your name, your values, and your belief in the power of education.
2. Pay It Forward
Think back to your own Newberry experience—the professors who believed in you, the friendships that still matter, the doors that opened because you were here. A bequest is your way of saying, “I want the next generation to have those same life-changing opportunities.”
3. Make an Impact Without Sacrifice
A planned gift costs you nothing today. You keep full control of your assets during your lifetime, while planting the seeds of opportunity for tomorrow’s students. It’s a powerful way to make a difference without affecting your current financial security.
4. Support What You Love Most
Every donor has a passion. For some, it’s scholarships that change lives. For others, it’s athletics, faculty support, facilities, or a favorite program. You can direct your bequest to the areas that reflect your heart, knowing your gift will continue fueling what matters most to you.
5. Join a Circle of Visionaries
Those who make a planned gift to Newberry are welcomed into the Heritage Club, a community of alumni and friends who believe in investing in the future. You’ll be remembered as part of this circle of visionaries who chose to strengthen the College for generations to come.
6. A Testament to Your Values
A will is more than a legal document—it’s your final message to the people you love. By remembering Newberry, you show your family, friends, and community that you believed in education, opportunity, and service. It’s a legacy that speaks louder than words.
GUIDE FOR GIVING
Multiple ways to make a difference – some are more well known than others. Know the facts!
BENEFICIARY DESIGNATIONS
If you’d rather keep things simple, you can name Newberry College as a beneficiary of an IRA, retirement plan, life insurance policy, or commercial annuity.
This flexible option only takes a few minutes:
1. Request a beneficiary form from your retirement plan administrator, insurance company, or bank.
2. Decide what percentage (1–100%) you’d like Newberry to receive.
3. Return the form to your provider.
4. Let our Advancement Office know, so we can thank you and recognize you as part of the Heritage Club.
Every gift, no matter the size, helps write the next chapter of Newberry’s story.
IRA CHARITABLE ROLLOVER (QUALIFIED CHARITABLE DISTRIBUTION)
By adding Newberry College to his estate plan, Ken Pettus (’73) has ensured that students decades from now will be able to get their degree and change their lives. Ken told us, “That’s why I give back. I’m sure there are some other Ken Pettuses out there who will be coming up and who will need scholarship aid, so I’m glad to be able to help them out.”
If you are 70½ or older, you can give up to $108,000 per year directly from your IRA to Newberry College—and see your generosity in action right away.
Why Consider This Gift?
• Your gift makes an immediate impact—you’ll see the students, programs, and opportunities it creates today.
• Starting at age 73, your IRA gift can count toward your required minimum distribution (RMD).
• You avoid income tax on the transfer, so your generosity goes further.
Because the gift doesn’t increase your taxable income, it may also lower Medicare premiums and reduce the taxable portion of Social Security.
Think of it this way: a lifetime of work has built your retirement savings, and now those same resources can open doors for students who will change the world.
Every planned gift, whether through a will, beneficiary designation, or IRA rollover, is more than a donation— it’s a story of faith in the future. By remembering Newberry, you ensure that tomorrow’s students will walk through the same gates you once did, ready to be transformed, inspired, and prepared for lives of meaning and purpose.
GIVING FAQS
Is my gift to Newberry College tax-deductible?
Yes. As a tax-exempt organization under section 501(c) (3) of the Internal Revenue Code, all gifts to Newberry College are tax-deductible. Consult your tax advisor for specific details.
Do I need a receipt to claim a tax deduction?
Yes. IRS rules require a record of the contribution in a bank record or written communication from the charity. Newberry College will provide written communication to the donor.
Does the receipt have to be physical?
No. An electronic receipt is acceptable.
When will I receive the receipt from Newberry College? Receipts are issued promptly upon receipt of gifts. What is the last day to make a contribution?
Contributions made online or by credit card must be charged by midnight on December 31. Mailed gifts of cash and checks are effective on the postmark date. For securities, the gift is effective on the date funds are reflected in the charity’s account, so please initiate transfers early to ensure timely completion.
HELP US CONTINUE TO BE ONE OF THE MOST AFFORDABLE 4-YEAR COLLEGES IN THE SOUTH
Stats on allocation of funds across the campus
NEWBERRY COLLEGE – OFFICE OF INSTITUTIONAL ADVANCEMENT
Bill Nash
Vice President of Institutional Advancement
Bill.Nash@newberry.edu
Office: 803.321.5617 Cell: 803.597.6752
www.newberry.edu/giving/givenow
newberry.edu/giving/givenow