How to Support the Badger Foundation

Alumni and friends of Tucson High support Tucson High Badger Foundation’s mission of promoting and enhancing educational and cultural activities for Tucson High students by donating to the Foundation in many ways. Gifts of cash or marketable securities from an individual, family foundation, or a corporation matching a donor’s gift, are the easiest forms of donation and they provide the most immediate benefit to the Badger Foundation, but all gifts are greatly appreciated and help us continue Tucson High’s long tradition of excellence and achievement.

Planned Gifts

More complicated but worth exploring are planned gifts which allow individuals to make a gift now which will benefit the Tucson High Badger Foundation sometime in the future.

    These gifts include:

  • Bequests
  • Charitable Remainder Trusts
  • Real Estate or Tangible Personal Property
  • Insurance Policies

These gifts can be made as part of your overall estate plan, and usually qualify as a charitable tax deduction.

Gifts of cash or marketable securities allow the donor to retain some of the income while also providing a benefit to the Badger Foundation over the long term.

Tax Considerations

Do something wonderful for The Tucson High Badger Foundation and get a break on your taxes, too!

When you give to The Tucson High Badger Foundation you may deduct contributions representing up to 50% of your adjusted gross income if you itemize your tax return. Below is some of the information the IRS provides on making tax deductible contributions. Note this is only a guide, and is not meant to be comprehensive.

Gifts to The Tucson High Badger Foundation are deductible in the year in which they are paid.
You must itemize on your taxes to deduct donations.
To claim a donation of $250.00 or more, retain your written receipt from The Tucson High Badger Foundation.
Property donated to The Tucson High Badger Foundation may generally be deducted at the fair market value of the property at the time of the contribution.
If you receive a gift or another type of benefit in return for your contribution, the donation may only be deductible to the extent that it exceeds the value of the gift or benefit.
When goods or services are involved, a payment to The Tucson High Badger Foundation qualifies as a deductible gift only to the extent that the payment exceeds the fair market value of the goods or services you receive in return for that gift.

Please consider consulting your attorney and/or tax advisor when planning a donation to the Tucson High Badger Foundation.

Example of Avenues of Giving to the Badger Foundation

  • Outright Cash Gifts
  • Gifts of Stocks
  • Real Estate
  • Other Tangible Personal Property
  • Life Insurance
  • Wills
  • Charitable Remainder Trusts
  • Charitable Lead Trusts
  • Retirement Funds