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Are Donations To Hillsdale College Tax Deductible

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Data Sources: Irs Forms 990

Tax Deductible Gifts and Charitable Donations

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. .

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Impact & Results

This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.

Impact & Results Score

The Classical Approach To Education

Our teachings are based on the curricula, materials, methods, and aims that have traditionally been used to educate generations of young men and women who have helped build our nation and preserve Western civilization.

  • The teaching of objective standards of truth, beauty, and virtue
  • An integrated study of literature, history, science, math, music, art, logic, and more
  • Cultivation of moral character and civic virtue, or excellence
  • Reliance on traditional methods, like teacher-led classrooms and great books
  • A rigorous, content-rich curriculum

We Forgo Government Money In Order To Spare Our Students Faculty And Administrators The Bureaucratic Interference

Sen. Pat Toomey during the mark up of the Senate’s tax reform bill in the Senate Finance Committee, Nov. 16.

As the Senate prepared to pass its tax-reform plan Dec. 1, Hillsdale College, which I lead, became an unexpected sticking point. The bill included a proposed 1.4% excise tax on the investment income of large university endowments. An amendment introduced by Sen. Pat Toomey which did not make the final billsought to exempt schools that do not accept government funding under Title IV of the Higher Education Act of 1965, which established many of the financial-aid programs students use today.

Hillsdale has an endowment that would qualify for the excise tax under the version of tax reform passed by the House. The college has never accepted any aid directly from the federal government, and since 1985 it has not accepted indirect federal aid that comes through students. Hillsdale students who demonstrate financial need can apply for scholarships entirely funded by private donors. The proposed tax in one of its forms would cost Hillsdale the equivalent of about 20 full-tuition scholarships every year.

All this is hot nonsense. Hillsdale forgoes government money in order to spare our students, faculty and administrators the bureaucratic interference that is the price of accepting federal financial support. Suggestions to the contrary are entirely without merit.

Mr. Arnn is president of Hillsdale College.

Appeared in the December 11, 2017, print edition.

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Tax Bill Could Target Endowment Cost Hillsdale Thousands

A proposed tax could force Hillsdale College to pay up to $700,000 a year to the federal government.

As part of the Republicans $1.5 trillion tax package, a new endowment tax would make private, nonprofit colleges and universities pay 1.4 percent on their yearly endowment income if the endowment is equal to $250,000 or more per student. It would affect nearly 70 institutions nationwide, including Hillsdale College and much of the Ivy League. The House passed the bill on Nov. 16, and the Senate voted Wednesday along party lines to open debate on the tax plan. A vote on the bill could occur by the end of the week.

Hillsdales current endowment is $548 million, which breaks down to approximately $364,000 for each of the colleges 1,507 studentssurpassing the $250,000 minimum.

Based on how the law defines an endowments income, Patrick Flannery, vice president for finance and college treasurer, estimated Hillsdale could pay as much as $700,000 a year if the legislation passes. The college operates on a $121 million annual budget.

Even a half million dollars per year, thats enough to have an impact on how much money you can get distributed to general operations for the college, Flannery said. Its something that we will have to think about: How are we going to make up for that?

For now, Flannery said the college is waiting to see what Congress decides.

But I could argue that 0.2 percent is academic in nature, Flannery said. It helps people.

Philanthropic Achievement Of The Week: Hillsdale College Shifts To Private Funding

Donor Advised Funds

The Philanthropic Achievement of the Week will highlight significant historical philanthropic achievements throughout history that showcase the wide-reaching impact of private charitable giving. To see previous achievement spotlights, . This weeks spotlight is below:

1984: Hillsdale College Shifts to Private Funding

Founded in Michigan in 1844, Hillsdale College was built up in the early 1850s by hundreds of small private donations after professor and preacher Ransom Dunn rode more than 6,000 across the western frontier collecting funds to build a new hilltop campus. While eight out of ten American colleges founded before the Civil War would eventually close, this broad base of giving allowed Hillsdale to survive and prosper. Clear principles were central to Hillsdales appeal to donors. It was the first American college to prohibit in its charter any discrimination based on race, religion, or sex. It was the second college in the U.S. to grant four-year liberal arts degrees to women. It was a force for the abolition of slavery. During the Civil War, 400 Hillsdale students fought for the Union, a higher level of participation than from any other western college.

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Welcome To Ehs Academics Athletics And Activities Boosters

  • The Eagle High School AAA Boosters is a parent-volunteer group that helps support our Eagle High students and teachers by raising funds through Spirit Wear sales and donations. We are the only parent-led organization that distributes funds for academic, activity, and athletic needs.

    Donations can be made in the following ways:

  • Buy Eagle High School spirit wear! The proceeds from these purchases are donated back to Eagle High School to support teachers and students.
  • General donations through the WASD Education Foundation! You can make a tax-deductible donation to the school or a specific teacher or group.

Where has the money gone?


University Of Missouri Hillsdale College Settle Donor Intent Lawsuit

The University of Missouri has agreed to settle a lawsuit filed by Hillsdale College over its use of a $5 million gift from MU alumnus Sherlock Hibbs .

The bequest from Hibbs, a financier who died in 2002, stipulated the creation of endowments in support of three chairs and three distinguished professorships in MU’s Trulaske College of Business for adherents of Ludwig von Mises , a leader of the Austrian School of economics whose classical free market liberalism is especially popular with libertarians. Hibbs’ will gave oversight of the endowments to Hillsdale College, a conservative liberal arts college in Hillsdale, Michigan, that is home to von Mises’ personal library, stipulating that Hillsdale would receive the entire gift if the terms of the bequest were not followed. According to MU, it spent $4.4 million to fund professorships consistent with Hibbs’ intent to promote the teaching of free market economics Hillsdale sued the university in 2017, however, claiming that its business school had failed to meet the terms of the gift and instead had provided “millions of dollars over fifteen years to individuals who were not Austrian economists.” MU spokesperson Christian Basi told the Associated Press in July that the will did not require that Mises’ economic theories be included in the professors’ curricula.

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How A Charitable Gift Annuity Works

A charitable gift annuity is a way to make a gift to support Hillsdale College.

  • You transfer cash or property to Hillsdale College.
  • In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
  • You will receive a charitable income tax deduction for the gift portion of the annuity.
  • You also receive the satisfaction of helping Hillsdale College and our students.
  • If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

    What Does The College Need And How Can I Help

    Mick Mulvaney | The Constitution and American Politics

    Hillsdale College is in the midst of the Four Pillars Campaign, through which it is seeking funding for student scholarships and programs, K-12 education initiatives, national outreach, and more. Learn about the Four Pillars Campaign at

    Hillsdale College is a registered 5013 not-for-profit institution. All charitable gifts are tax deductible to the full extent allowed by law.

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    Diversity Equity & Inclusion

    This organization has not provided information regarding the diversity, equity and inclusion practices it is presently implementing. As such, the organization has not earned a score on this metric. Charity Navigator believes nonprofit organizations implementing effective DEI policies and practices can enhance a nonprofit’s decision-making, staff motivation, innovation, and effectiveness.

    Business Master File Data

    Below are some key data points from the Exempt Organization IRS Business Master File for this organization. Learn more about the BMF on the IRS website


    Activity data not reported from the IRS

    Foundation Status:

    Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509


    Independent – the organization is an independent organization or an independent auxiliary .

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    Why Should I Give To An Endowment Fund

    My gift will keep on giving. Hillsdale College has a long history of responsible and successful management of its endowment. Administered according to policies set forth by the Board of Trustees, these funds ensure support for scholarships, faculty chairs, lecture programs, and more, in perpetuity. Hillsdale College is able to recruit excellent students, hire the best faculty, and provide high-quality programming on and off campus, because these funds support those things year after year.

    Since 1985, through individual gifts and grants, Hillsdale College has provided its students $94.8 million in scholarships and loans that were given as replacement for federal and state programs. See how some of our donors are making an impact.

    What Must I Do In Order To Complete A Course

    Support The Great American Story

    To complete a course you must watch all of the lecture videos, take all of the lecture quizzes, and complete the final quiz with a score of 80% or higher.

    Supplementary videos, readings, and participation on the discussion board are not required but do serve as ways to deepen and enrich your studies with Hillsdale.

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    There Are Really Almost No Truly Private Universities

    About 30% of American college students attend so-called private colleges and universities, most of which are non-profit institutions. In reality, however, with very few exceptions, all of them are heavily dependent directly or indirectly on governments for support. Federal student loans allow them to raise fees much higher than they otherwise would be able to charge, as do tuition tax credits and Pell Grants. The tax-deductible treatment of private donations helps fund new buildings. Universities rarely appropriately provide for the depreciation or construction of facilities in their accounting of revenues and expenses, implicitly assuming they are gifts from God. State and local government exemption of facilities from property and sometimes sales taxes provide further assistance. The federal government hands out research grants, with generous provision for overhead expenses. Endowments are also advantaged enormously by tax privileges, even for the few dozen schools that will now have to pay an endowment tax. Public school guidance counselors and teachers tell students that to be successful in life they need to go to college and that the extremely successful go to elite private schools.

    Stocks And Mutual Funds

    To transfer securities electronically from a brokerage account, you will need the following information:

    Morgan StanleyFederal Tax Number: 38-1374230Hillsdale College Account #949-131446

    On the date of transfer, call 607-2239, or fax the information to 607-2657. Send all correspondence to:

    Mr. Patrick H. FlanneryHillsdale, MI 49242

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    Pursuing Truth Defending Liberty Since 1844

    Hillsdale College is widely recognized as one of the finest, private liberal arts colleges in America.

    Hillsdale does not accept federal or state taxpayer funding for any purpose, including student financial aid. Abiding by the motto, Pursuing Truth and Defending Liberty Since 1844, the College upholds its independence with the help of private fundinggifts, pledges, planned gifts, and grantsthat provides gift income to meet annual expenses not covered by tuition revenues and endowment earnings.

    You can help ensure that this unique college exists for generations of students yet to come, whether you choose to get involved or are looking for ways to give. Please join us in our noble mission.

    Northwest Ohio Classical Academy

    A Trillion Dollars of Student Loans: A Crisis Created by Washington?


    The mission of Northwest Ohio Classical Academy is to train the minds and improve the hearts of young people through a rigorous, content-rich classical curriculum in the liberal arts and sciences, one that produces thoughtful leaders and virtuous citizens.

    Barney Charter School Initiative

    The mission of the Barney Charter School Initiative is to promote the founding of classical charter schools and excellence in their teaching and operations, to the end that public-school students may be educated in the liberal arts and sciences and receive instruction in the principles of moral character and civic virtue.

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    Why Classical Education

    The pursuit of the good, the true, and the beautiful is good for everyone.

    Cincinnati Classical Academy provides a traditional, time-tested alternative to modern trends in education, offering a content-rich curriculum in the classical liberal arts and sciences, with instruction in moral character and civic virtue. We aim to prepare students for life, not just for college and career, through formation of the will to desire what is good, true, and beautiful. We rely on teachers, not digital devices, to teach, inspire, and form our students. We use primary sources and classic literature so that students can converse with and learn from the greatest thinkers who shaped Western culture and institutions.

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