MAKE THEIR DREAMS A REALITY
At St. Ambrose, each student is encouraged and empowered to explore far and wide through academics, art, social activities and service opportunities. Your philanthropy makes a St. Ambrose education and experience possible.
Together, we shape the education and opportunities St. Ambrose offers students today, and for generations to come. Join us on their journey, and make their dreams a reality.
2020 SAU Day of Giving
OUR BEES GAVE BACK! Thanks to over 600 alumni, parents, faculty, staff and friends who made gifts in support of our Day of Giving! Your generous support of our students finished the month of April on a high point.
GIVE FOR THE MEMORIES!
We'll be sending our 2020 PolkaBee Socks as a thank you to every one who made a gift on the Day of Giving. Send us your bee sock selfies and let us know where your socks have taken you!
CARES Act Tax Incentives
St. Ambrose University students and their families are navigating uncharted waters as they prepare for fall enrollment. The university is also dealing with a growing number of challenges due to the COVID-19 pandemic.
Fortunately, Congress recognizes the need faced by many families and nonprofits as well as the importance of continued charitable giving. Through their actions, they have allowed corporate and individual donors to maintain or increase their giving in order to support the missions they hold dear.
Below are key provisions of the new CARES Act that are designed to help you make a gift in support of St. Ambrose's mission and our students:
New Deduction Available: All taxpayers may take up to $300 ($600 for a married couple) in annual charitable cash contributions, even if you do not itemize. It is an "above the line" adjustment to income that will reduce a donor's adjusted gross income, reducing taxable income. A donation to a donor advised fund does not qualify for this new deduction.
New Charitable Deduction Limits: Individuals and corporations that itemize can deduct much greater amounts of their cash contributions to charities. Individuals can elect to deduct donations up to 100% of their 2020 adjusted gross income (up from 60%). Corporations may deduct up to 25% of taxable income (up from 10%). The higher deduction does not apply to donations to a donor advised fund.
Required Minimum Distributions from IRAs are Suspended: There will be no required minimum distributions for qualified retirement plans in 2020. However, if you are 70½ or older, you can still direct a major gift from your IRA to qualified charities. St. Ambrose is a qualified charity.
This information is provided for educational purposes only. Donors should consult a tax professional for their own unique circumstances.
Margaret Babbitt, Director, Ambrose Annual Fund
Terri Beutel, Assistant Director, Advancement Information Resources
Sally Crino, Associate Vice President; Director, Campaign and Legacy Giving
Ty Grunder, Director, Corporate and Community Relations
Dan Haverkamp, Associate Director, Individual Giving
Caroline Hughes, Administrative Assistant
Lindsey Kennedy, Coordinator of Research and Prospect Management
Sandy Lassman, Gift Coordinator
Milissa Lamantia, Administrative Assistant
LaShonda Polite, Associate Director of Individual Giving
Elaine Quinn, Administrative Assistant
Kristine Vermuelen, Administrative Assistant
Jim Stangle, Vice President
Alumni House: 1527 Brady St.
Mail: 518 W. Locust St.
Davenport, IA 52803