In 2013, the Foundation launched its updated strategic plan that is aligned with Accelerating Greatness 2025. Download our strategy map that outlines our strategies, objectives, short-term and long-term metrics.
Annual Report and Honor Roll of Donors
The Ivy Tech Foundation is grateful for the support of alumni, faculty, staff, students and friends. These generous contributions are the reason the College is able to provide assistance to deserving students, recruit and retain top faculty and bring the latest technology to labs and classrooms.
The Honor Roll of Donors is a list of all individuals, foundations, and corporations that have supported the Ivy Tech Foundation. We thankfully acknowledge gifts received between July 1 and June 30 each year.
Every effort has been made to ensure complete accuracy of this information. If there has been an error or omission, we sincerely apologize. To correct our records, please contact a member of our team.
Tax Credit for Individuals
Indiana will give you, through a tax credit, 50¢ on each dollar you give to Ivy Tech, not to exceed $200. This means that a $400 gift to Ivy Tech yields a $200 tax credit; a $200 gift yields a $100 credit; a $100 gift yields a $50 credit, and so on. In other words, you will be reimbursed half your gift by Indiana up to $200 if filing jointly and up to $100 if filing single. The tax credit is applied directly against the “bottom line” of your state tax return, either reducing the amount of taxes owed or providing a refund on taxes paid.
To take advantage of this opportunity, you must use the Indiana Department of Revenue Schedule CC-40 when filing your state income tax return. After clicking on the link, you will need to go to the last section on the page under “Other Individual Forms/Schedules” and choose the first option: CC-40 Indiana College Credit.
In addition to the Indiana tax credit, a contribution to Ivy Tech may also result in a federal tax deduction. Generally, to qualify for a federal tax deduction, you must itemize deductions on the Federal Tax Form 1040 (long form). The amount of the deduction is based on your income and the amount of your contribution. The federal tax deduction is computed as a reduction in your taxable income and therefore, ultimately, the amount of taxes you owe.
Indiana Tax Credit for Corporations
Indiana corporations may receive 50% credit for gifts, not to exceed 10% of the company’s adjusted gross income tax or $1,000, whichever is less.
Donor Bill of Rights
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 assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights:
- To be informed of the organization's mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
- To be informed of the identity of those serving on the organization's governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
- To have access to the organization's most recent financial statements.
- To be assured their gifts will be used for the purposes for which they were given.
- To receive appropriate acknowledgment and recognition.
- To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.
- To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
- To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
- To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
- To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
The text of this statement in its entirety was developed by the American Association of Fund-Raising Counsel (AAFRC), Association for Healthcare Philanthropy (AHP), Council for Advancement and Support of Education (CASE), and the Association of Fundraising Professionals (AFP), and adopted in November 1993.