Bethany College Advancement

Gift Reinvestment Fee

Overview

To ensure the long-term financial health, technological advancement, and operational sustainability of Bethany College, this policy establishes a Gift Reinvestment Fee applied to all charitable contributions received by the College. This reinvestment model supports strategic priorities that strengthen institutional capacity and enhance donor impact over time.


Bethany College shall assess a 10% Gift Reinvestment Fee on all philanthropic gifts and grants received by the College, unless otherwise restricted by law or donor agreement. This reinvestment fee provides ongoing support for key institutional priorities as outlined below.

Questions?

Please contact the Office of Advancement

Phone: 785-227-3380 ext. 8105

Email: advancement@bethanylb.edu

  • What is the GRF?

    The Bethany College gift reinvestment fee ensures a Bethany College education is accessible to all. The gift reinvestment fee will increase the College's capacity to scale programs and grow the College's endowment to meet the needs of future students for generations to come. Your gift will be your impact.

  • How will the GRF be Used for Bethany College?

    The Bethany College gift reinvestment fee will allow the College to scale Institutional Advancement programs to meet the increasing needs of students and the College's growth trajectory.

  • Does the GRF affect the tax-deductibility of my contribution?

    No, the full amount of the gift is charitable.

  • Does the GRF apply to recurring automatic contributions (credit card, EFT, payroll deduction, etc.)?

    The only recurring gift that is exempt from the gift reinvestment fee is payroll deductions. The fee applies to all other recurring payments.

  • Does the GRF apply to endowed funds?

    No, the gift reinvestment fee does not apply to gifts made to the endowment.

  • What is the GRF Amount?

    The gift reinvestment fee amount is 10% of any gift from a donor. Please see below for a breakdown of the allocation.

    • 6% of each gift will be directed to Institutional Advacement Operations to support fundraising operations, alumni engagement, donor stewardship, marketing, and advancement infrastructure necessary to sustain philanthropic growth.
    • 2% of each gift will be directed to the College Endowment/Trust to strengthen the long-term financial stability of the College by contributing to the permanent endowment.
    • 1% of each gift will be directed to Captial Improvements to provide resources for deferred maintenance and strategic facility upgrades that enhance campus operations and student experience.
    • 1% of each gift will be directed to Digital Transformation and IT Initiatives to support technology modernization, digital learning initiatives, and cybersecurity investments essential to institutional excellence.

  • Does the GRF apply to private foundations?

    The gift reinvestment fee does apply to foundations.

  • Does the GRF apply to securities?

    Yes, the gift reinvestment fee does apply to securities.

  • Does the GRF apply to pledge payments?

    Bethany College applies the gift reinvestment fee to all pledge payments made on pledges after July 1, 2025. If the pledge agreement was signed on or before July 1, 2025, then no gift reinvestment fee will be applied.

  • Can a donor increase their gift amount to cover the GRF?

    Yes, any donor can choose to increase their gift to cover the reinvestment fee if they so desire.

  • Does the GRF apply to matching gifts?

    Yes, the gift reinvestment fee does apply to matching gifts.