The Iota Delta Chapter gratefully accepts donations from Alumni, Friends, and Family of our Chapter.
All donations are handled by the Iota Delta Alumni Association and are distributed to the appropriate group (Chapter or Housing Corp) by the Alumni Association.
Donate via PayPal
Tax Deductibility of Donations
The Iota Delta Chapter, Alumni Association, and Housing Corporations are all 501(c)7 non-profit organizations. While we do not pay taxes, donations to our organizations are not tax deductible under current law. The Alumni Association has explored options to establish a 501(c)3 foundation, but this has not happened and is not planned in the near future.
Our organizations do not pay capital gains taxes when we sell securities. If you donate securities for which you would owe capital gains taxes to our organizations, we can sell those without paying any taxes! This increases your donation power. Use the Donation Form if you would like to donate securities.
Cost of Donations
The Alumni Association pays fees for many donation transactions. The fees charged to us by the various methods are in the table below. For larger donations, we request you please reach out to to the Alumni Association treasurer Jake Esau to determine the most cost-effective donation method.
|Amount||Square (2.6% + $0.10)||PayPal (2.9% + $0.30)||E-Check ($3 flat)||Cash/Check ($0)||Securities ($6.95 flat)|