Giving Options

Make a Gift Today

 

You can make a gift today via your credit or debit card, check or bank account. We offer several secure methods for making your gift right now.

 

Monthly, Quarterly or Semi-Annual Gifts

 

As a Monthly, Quarterly or Semi-Annual Donor…

 

  • You'll enjoy a safe, convenient and easy way to support the Zeta Beta Tau Foundation.

  • Your gift will be made automatically each period from your credit or debit card or via your bank account.

  • Your contribution will go further, since it saves time and reduces administrative expenses.

  • You'll receive fewer fundraising solicitations by mail and email.

  • You can increase, decrease, suspend or stop your participation at any time.

 

You can make a recurring gift today via your credit or debit card, check or bank account. We offer several secure methods for making your recurring gift right now.

 

Honor & Memorial Gifts

 

The Zeta Beta Tau Foundation's Honor and Memorial Gift Program is a wonderful way to recognize someone or mark a special occasion – celebrating a birthday, an anniversary, a holiday, a special memory or simply saying thank-you – while supporting the mission of the Zeta Beta Tau Foundation.

 

A personal acknowledgment is sent to the family or individual, without reference to the size of the gift. All Honor and Memorial Gifts are listed below. Honor and Memorial Gifts may be made on our donation page or by contacting the Zeta Beta Tau Foundation at 317-334-1898.

 

Stock Gifts

 

Making a gift of stock offers two major tax benefits. You can avoid capital gains taxes on appreciated stock and you can deduct the full fair market value of the gift from your taxes in the year you make the gift. They can be transferred electronically from your brokerage account or they can be sent through the mail in certificate form.

 

A gift of stock is valued by using the average (mean) between the high and low prices on the date the gift is received by the Zeta Beta Tau Foundation. The gift date for securities transferred from your brokerage account is the day the transfer hits the Zeta Beta Tau Foundation’s brokerage account. If securities are mailed in certificate form, the gift date is the date it is received by the Zeta Beta Tau Foundation.

 

How it works

 

Stocks can be transferred electronically from your brokerage account or can be sent through the mail if held in certificate form. Please contact Faron A. Lewitt, Executive Director, at (317) 334-1898 or faron@zbtnational.org for transfer information and instructions.

 

Corporate Gift Matching

 

Many companies offer matching programs to double the charitable contributions of their employees. Not all programs will match to fraternity foundations. However, if your company does match, it’s a great way to double the impact of your giving.

 

How it works

In most cases, all you need to do look up matching gifts on your company’s website to fill out a form or submit a request to have a gift matched. If you can’t find information online, visit your human resources department and request a matching gift form. The next step is to complete the form and send it along with your contribution to the Foundation. We also accept gifts from your spouse’s company. We will take care of the rest! You may need our address and tax ID number to complete the form:

 

Zeta Beta Tau Foundation
3905 Vincennes Road, Suite 100

Indianapolis, IN 46268
(317) 334-1898
Tax ID: 80-0244485

 

Additional Information

 

The following list includes companies and foundations that have provided matching gifts to the Zeta Beta Tau Foundation. We thank them for the support they provided by matching employees' gifts to the Zeta Beta Tau Foundation. If you have questions about making a matching gift, please contact the Zeta Beta Tau Foundation at (317) 334-1898 or at foundation@zbtnational.org.

 

Life Insurance

 

Life insurance is a useful vehicle for making a substantial gift for the future of the Foundation without removing major assets from your portfolio.

 

A fully paid-up policy can be donated by naming the Zeta Beta Tau Foundation as the irrevocable owner and beneficiary of the policy. You are then entitled to an income tax deduction for an amount equivalent to the cash value of the policy. Life insurance is a useful vehicle for making a substantial gift for the future of Zeta Beta Tau Fraternity without removing major assets from your portfolio. In addition to the tax benefits to the donor, the large cash values resulting from relatively small premiums allow many donors to make more substantial gifts through life insurance than they could on a current outright basis.

 

How it works

 

The Zeta Beta Tau Foundation must be named as both beneficiary and irrevocable owner of an insurance policy before it can be recorded as a gift.

 

The gift is valued at its interpolated terminal reserve value (or cash surrender value), upon receipt.

 

If you contribute future premium payments, the Foundation will include the increase in the cash surrender value as reported by the insurance company as a gift in the year the payment is made.

 

If you don’t elect to continue to make gifts to cover premium payments on the life insurance policy, the Foundation may continue to pay the premiums, convert the policy to paid up insurance or surrender the policy for its current cash value.

 

For more information about making a life insurance gift to the Zeta Beta Tau Foundation, please contact Faron A. Lewitt, Executive Director, at (317) 334-1898 or faron@zbtnational.org.

 

Donor-Advised Funds

 

A donor-advised fund (DAF) is a type of giving that allows you to combine the most favorable tax benefits with the flexibility to easily support the Zeta Beta Tau Foundation.

 

How it works

 

  • First, you have to make an irrevocable contribution to a sponsoring charitable organization to establish a donor-advised fund (e.g. Fidelity Charitable, Schwab Charitable, etc.).

 

  • You then become a donor-advisor and the sponsoring organization allocates the charitable contribution to your DAF.

 

  • You have the opportunity to name the DAF and retain advisory privileges over the investment allocation for the DAF. The investment options available vary by sponsoring organization and since the assets in the DAF belong to the sponsoring organization, any investment growth is tax-free.

 

  • You have advisory privileges over the disbursements made from the DAF. You recommend disbursements, but they must meet the grant-making criteria of the sponsoring organization. Typically, disbursements may only be recommended to IRS-qualified public charities exclusively for charitable purposes, such as the Zeta Beta Tau Foundation.

 

  • Additionally, your tax-deduction is recognized when you make the initial gift to establish the DAF only. According to the IRS, grants made from DAFs are not considered tax-deductible because you have already received a tax deduction when you created the fund.

 

  • When you want to make a grant from your DAF, you simply submit a request for disbursement. You will do this through your sponsoring organization’s website/system.

  • Once the sponsoring organization approves the recommended disbursements, we receive notification that the grant has been made. It will generally come to us in the form of a check.

 

  • You will receive a thank you letter and recognition of your gift from the Zeta Beta Tau Foundation.

 

For more information about Donor Advised Funds, please contact Faron A. Lewitt, Executive Director, at (317) 334-1898 or faron@zbtnational.org.

 

IRA Gifts

 

When you started your IRA years ago, you knew you were investing in the future. When you make a gift from your IRA to the Zeta Beta Tau Foundation, you will invest in the future again. Gifts from your Individual Retirement Account (IRA) are an excellent way for you to make a charitable donation. The Charitable IRA Rollover law is now permanent allowing you to make tax-free gifts to the charitable organizations, such as the Zeta Beta Tau Foundation, from your IRA now and every year thereafter.

 

In December 2015, President Obama signed into law making the IRA Charitable Rollover provision permanent. The law allows you to make tax-free gifts to the Zeta Beta Tau Foundation from your Individual Retirement Account (IRA) each year.

 

Individuals aged 70½ or older can make gifts up to $100,000 per year using funds transferred directly from their IRA without paying taxes on the distributions. The transfer generates neither taxable income nor a tax deduction, so you will benefit even if you do not itemize your tax deductions. In addition, your IRA gift can count toward your minimum required distribution in the year the gift is made as long as you have not received your distribution for the same year.

 

You may contribute IRA funds this way if:

 

  • You are 70 ½ or older

  • The gift is $100,000 or less each year

  • You make the gift on or before December 31 each year

  • You transfer funds directly from an IRA or Rollover IRA

  • You transfer the gift outright to one or more public charities

 

How the Law Works

 

Bruce, age 80, has $450,000 in an IRA and has pledged to give the Zeta Beta Tau Foundation $75,000 this year. If Bruce transfers $75,000 directly to the Zeta Beta Tau Foundation from his IRA, he will avoid paying income tax on that amount. He cannot, however, claim a charitable deduction – it is a pure wash. If his spouse has an IRA and is 70 ½ or older, she can also give up to $100,000 each year. Bruce has found an easy way to benefit the Zeta Beta Tau Foundation without tax complications.

 

How to Make a Gift

 

You will need to contact your IRA administrator and have them send a check directly to the Zeta Beta Tau Foundation (Tax ID# 80-0244485), 3905 Vincennes Road, Suite 100, Indianapolis, IN 4626. Feel free to use the sample request letter found below in contacting your IRA administrator. It is wise to consult tax professionals if you are contemplating a gift under this law.

 

Contact Us

 

For more information about IRA gifts, please contact Faron A. Lewitt, Executive Director, at (317) 334-1898 or faron@zbtnational.org.

 

 

[Sample letter]

 

Request from donor for direct charitable distribution from an individual retirement account to the Zeta Beta Tau Foundation]

 

 

Date

 

Name of IRA administrator

Address

City, State ZIP

 

RE: Request for Direct Charitable Distribution from IRA

 

 

Dear IRA Administrator:

 

Please accept this letter as my request to make a direct qualified charitable distribution from my individual retirement account number [insert number here] as provided for by the permanent IRA Charitable Rollover Legislation.

 

Please issue a check in the amount of $___________, payable to the Zeta Beta Tau Foundation and mail it to:

 

Zeta Beta Tau Foundation
Attn: Faron A. Lewitt, Executive Director

3905 Vincennes Road, Suite 100

Indianapolis, IN 46268
 

The Zeta Beta Tau Foundation’s federal tax identification number is 80-0244485.

 

In your transmittal to the Zeta Beta Tau Foundation, please memorialize my name and address as the donor of record in connection with this transfer, and copy me on the transmittal at the address below.

 

It is my intention that this gift complies with IRC 408(d)(8). It is also my intention to have this transfer qualify during the current tax year. Therefore, it is imperative that this distribution be postmarked no later than Dec. 31.

 

If you have any questions or concerns regarding this request, I can be reached at [insert your telephone number and/or email address].

 

Thank you for your prompt attention to and assistance in this matter.

 

Sincerely,

 

 

Name of donor

Donor’s address

City, State ZIP

Donor’s phone number

 

Zeta Beta Tau Foundation Merchandise

 

We have some great Zeta Beta Tau Foundation Merchandise. Take a look by clicking here.

 
 
 
 
 
 
 
 
 
 
 

A brotherhood of Kappa Nu, Phi Alpha, Phi Epsilon Pi, Phi Sigma Delta and Zeta Beta Tau

Zeta Beta Tau Headquarters

3905 Vincennes Rd. Suite 100

 Indianapolis, Indiana 46268

(317) 334-1898

Zeta Beta Tau Foundation is a 501c3 organization. Contributions are tax deductible to the extent that the law allows.