Please DONATE to your Bay Alumni Foundation!
Did you know that only approximately 10% of Bay graduates make a financial donation to the Bay Alumni Foundation?
We need your help!!
Bay Alumni Foundation is a qualified 501(c)(3) tax-exempt organization and donations are tax-deductible to the full extent of the law. No goods or services are provided for your gift. As a non profit we do not charge “dues” to our members. We totally rely on your financial donations and a few fundraising activities throughout the year.
Please consider donating whatever you can. We are grateful to the alums who have set up automatic monthly donations through PayPal or their bank. Any donation is appreciated – $25, $50, $75, or more helps us continue our mission to support the students, the schools, and keep us all connected!
Please send your tax-deductible donations made payable to Bay Alumni Foundation to:
Bay Alumni Foundation
377 Dover Center Road
Bay Village, OH 44140
All transactions through our website are safe and secure.
Please consult your tax advisor regarding specific questions about your deductions. A donation of $250 or more will receive a letter of acknowledgement.
Thank you in advance for supporting YOUR Bay Alumni Foundation!
Bay Alumni Foundation Planned Giving via The Cleveland Foundation
Planned gifts are a crucial source of future funding that enables Bay Alumni Foundation to continue doing what we do best: keeping you connected to your roots. BAF recently partnered with The Cleveland Foundation to establish the Bay Alumni Foundation Endowment Fund. The fund is held and managed by the Cleveland Foundation, which invests the gifts for greater return on investment and prudent growth. Interest earned on gifts to the fund provide BAF with an important source of revenue now and into the future, as well as a measure of security that allows us to focus on our mission.
There are many different ways you can show your support now and for generations to come. Here are a few examples:
Bequest: A simple way to support BAF is to include a bequest to Bay Alumni Foundation Endowment Fund in your will. Talk to your attorney about how you can include a Bequest in your will.
Insurance Policy: Unused life insurance policies make excellent charitable gifts. Talk to your insurance agent to find out how you can add BAF as a beneficiary to your existing policy. There is no cost to you.
IRAs and 401(k)s: Retirement assets passing to someone other than a spouse are typically subject to taxes when inherited and later withdrawn. Due to the tax consequences, these assets make excellent choices for benefiting nonprofit organizations. Talk to your advisor about adding Bay Alumni Foundation Endowment Fund as a beneficiary to your retirement assets.
These are just a few ideas of how you can create a legacy and allow Bay Alumni Foundation to receive your support in perpetuity. There are many additional gift vehicles for you to consider, such as charitable gift annuities and charitable trusts. Both can provide benefits to BAF, as well as to you or your loved ones.
If you are interested in learning more about how you can help Bay Alumni Foundation through its fund with the Cleveland Foundation, please contact our President, Jim Joyce ’78. The Cleveland Foundation’s staff is also available to discuss gift ideas with you. Contact the Gift Planning and Donor Relations team at 216.861.3810 or toll-free 877.554.5054. Your estate plan represents your beliefs, your life, and a way to continue your wishes into the future. We look forward to helping you continue to show your support for Bay Alumni Foundation!