The Friends of Saint Paul College — Building resourceful relationships on behalf of Saint Paul College.
88% of Saint Paul College students receive grants or loans indicating exceptional financial need.
Yesterday. Today. Tomorrow. You have always been there — as a taxpayer, as a student, as an employer, as a neighbor, and as a friend. We realize we wouldn’t be here if it weren’t for you. According to Wilder Research Chief Economist Paul Anton your support has paid off. For every tax dollar spent on higher education in Minnesota, the economic benefits returned to the state are around $10.
Over the past 100 years, you can imagine what a tremendous influence we’ve had on the community. In fact, our budget makes a $64 million impact on the local economy.
As you know, it’s not all about the money coming in – it’s also about how efficiently it’s used. By being mindful of our budget we have kept tuition increases to a minimum which has kept our students from being the causalities of lagging state support.
Unprecedented enrollment growth over the past 3 years is a benefit – but there a few drawbacks as well, such as the demand for upgraded facilities, additional instructors, and increased student services.
Tuition covers about 59% of our budget. That leaves us with a 41% funding gap which we try to close with student fees, grants, income-producing activities, public funding, and your contributions.
I hope you will accept this invitation to help us close that 41% funding gap by giving to our annual fund. These gifts to the college are flexible. They are used to fund scholarships and respond to a broad range of educational needs.
Saint Paul College has a long and rich history of helping students succeed in high-demand careers since 1910 and you have been there with us since the beginning. Friends and like you have made all of our successes possible.
Give now.
Friends of Saint Paul College is recognized by the IRS as 501 (c) 3 non-profit organization. It’s Federal Tax ID Number is 27-1631689.
We believe philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To ensure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the nonprofit organizations and causes they are asked to support, we declare that all donors have these rights:
To pledge or make a gift using your credit card, please enter our secure site.
Make checks payable to Friends of Saint Paul College, and mail your check or money order to:
Friends of Saint Paul College
Annual Fund
235 Marshall Avenue
Saint Paul, MN 55102
Many donors find that through bequests, they are able to make a significant philanthropic commitment more comfortably than doing so during life. As with other methods of making gifts, estate gifts can be unrestricted or designated to a specific program. Also, remember that 100 percent of charitable bequests qualify for an estate tax charitable deduction.
Unrestricted Gift (A gift that can be used where need is greatest): I give, devise, and bequeath to the Friends of Saint Paul College, Saint Paul, MN_______(Dollars) to be used for its general purposes.
Residuary Bequest: I give, devise, and bequeath to the Friends of Saint Paul College, Saint Paul, MN _____percent of the residue of my estate to be used for its general purposes.
Saint Paul College employees can participate in the Annual Campaign through automatic payroll deduction. These post-tax deductions will be made each pay period for the number of months specified within a single fiscal year (July 1-June 30). By contributing $10 or more per month, a faculty or staff member's gift will quickly add up to bring significant benefits to the College.
Gifts of securities such as stocks, mutual fund shares, or other appreciated assets can be a great tax-efficient method for making a gift to the College. In most instances, you can take a tax deduction for the full market value of the gift and avoid any capital gains tax.
Here is a quick guide to ensure the successful execution of your gift of unrestricted, publicly-traded securities.
If you physically hold the shares: The stock certificate and a stock power must be sent to the Friends of Saint Paul College. Your stock power must include a guaranteed signature. For security reasons, this information should be sent in a separate envelope from the stock certificate. Both items should be sent to:
Friends of Saint Paul College
Annual Fund
235 Marshall Avenue
Saint Paul, MN 55102
Charitable Contributions: Substantiation and Disclosure Requirements