Please consider donating to our local AAUW Colorado Springs Branch Scholarship Fund today as you plan your 2020 charitable giving.
Our branch scholarship committee has evolved since its formation in 1974 with its first $200 scholarship awarded in 1975. In 2020 we awarded six scholarships of $1500 to students from either UCCS or PPCC, and two Addie Mae Memorial Scholarships of $1,800. Scholarship funds are supported by your donations and memorials, and profits from the annual Authors Day fundraising event.
Our scholarship winners have always expressed their great gratitude for our contribution toward their education and their promising futures. Here is one of the many testimonials we’ve received.
“My children are a challenge when I also have school and work; however, if it weren’t for them, I would not have the drive that I have to complete my degree and give them a life they deserve. The AAUW scholarship is helping me overcome the many challenges I face as a non-traditional student. Thank you so much for all your generosity and thank you for believing in me and helping me overcome barriers.”
DONATE TO OUR SCHOLARSHIP FUND TODAY
HELP US ADVANCE EDUCATIONAL OPPORTUNITIES FOR WOMEN AND GIRLS!
Charitable giving is a great way to support the causes you’re passionate about, with the added bonus of earning a greater deduction. Our branch is now a qualified charitable organization with our recently approved 501(c)(3) status. Your tax-deductible donations will go far in changing the lives of women and girls.
Here’s a few recent tax related provisions designed to encourage and support donations to charitable organizations such as ours.
- Through the federal CARES Act, starting 2020 you can donate up to $300 in cash ($600 for married couple) to a qualified charitable organization, such as AAUW Colorado Springs (CO) Scholarship Fund. Your adjusted gross income will be reduced by up to $300 ($600 per married couple) — and you can still claim the standard deduction. Generally, taxpayers who claim the standard deduction do not get a tax benefit related to any charitable contributions they make during the tax year.
- Commencing at age 70½, cash donations known as qualified charitable distributions (QCDs) can be made from traditional IRA(s) to IRS approved charities free of any federal income tax hit. We will work with your financial institution to make the necessary arrangements.
- One of the biggest advantages the QCD rule provides is the ability for taxpayers to lower their adjusted gross income (AGI).
- This is much more valuable than taking an itemized deduction which merely lowers taxable income.
TO DONATE: A check made out to AAUW-Colorado Springs with “Local Scholarship” on the memo line may be mailed to the AAUW Treasurer, 5540 Canvasback Ct., Colorado Springs, CO 80918.
THANK YOU FOR YOUR SUPPORT TO ADVANCE EQUITY FOR WOMEN AND GIRLS!
AAUW Colorado Springs Branch (CO) is a 501(c)(3) charity – effective 12/20/2019
Donations are tax deductible.
Tax ID# 84-3789955