August 21, 2008
Contribution PolicyContribution Policy

Although unrestricted donations give the college the most flexibility in accomplishing its mission, donors are free to suggest specific, college-approved designations for their contributions. The college intends to honor these designations. However, in order to comply with IRS guidelines allowing the deduction of designated contributions, all designations are considered nonbinding recommendations. If all or part of your contribution is not applied to the project you have suggested, your contribution will be applied to similar college projects rather than being refunded.

Donors wishing to make contributions to the college subject to these conditions may be able to deduct their contributions if they itemize their deductions on their federal income tax return. The college cannot guarantee this result and recommends that donors who want assurance that their contributions are deductible seek the advice of a tax attorney or CPA.

 

181 Spring St | PO Box 129 | Franklin Springs, GA 30639 | 800-860-8800