As a 501c3 nonprofit organization, your donation to the SPSCC Foundation may be tax deductible to the fullest extent allowable. Donations of any size make a difference in the life of a student. SPSCC Foundation's tax ID is EIN # 91-1174940.
Gifts to the SPSCCF incur a Processing Fee to support general operating funds. The Processing Fee is assigned at a rate of 5% for all non-endowed restricted and unrestricted donations at the time the gift is received.
Additionally, endowments incur an Endowment Fee at a rate of up to 5% annually on the earnings of the endowment based on a 3-year rolling average. The SPSCCF Finance Committee may recommend to the Board of Directors adjustments to the Endowment Fee based on the value of the fund above corpus at the time the fee is calculated.