Financial Information/FAQs

FINANCIAL INFORMATION

  • Gordon is in an unprecedented time in our history, building several new academic buildings, residence halls and recreational facilities.
  • Gordon has a long history of balanced budgets and strict control of overhead expenses.
  • The actual cost of providing a Gordon education is 18% higher per student than the price of attending. The difference is made up by endowment income and philanthropic gifts from donors and alumni.

FREQUENTLY ASKED QUESTIONS (FAQs)

When should I send my year-end gift to count for the current tax year?
Year-end gifts must be postmarked December 31 to be recorded in that tax year. The same is not true for gifts being made to count within the College's fiscal giving cycle, July 1-June 30, your gift must be received prior to June 30 to be applied to the current fiscal year.

Year-end credit card gifts must be submitted online or in person by noon, December 28. Credit card transactions must be processed prior to December 31 in order to be recorded in the current tax year, and gifts arriving after December 28, may not be able to be processed by the banks by December 31.

Does my gift really make a difference?

Yes, every gift makes a difference, especially from alumni. Annual gifts of any size, particularly those made to The Gordon College Fund (Gordon's Annual Fund), play an important role in helping Gordon continue to provide an excellent liberal arts education, spiritual development and academic freedom informed by a framework of faith. Alumni gifts of any size help the College to secure gifts from foundations and corporations by showing your support of your alma mater.

I attended Gordon, but didn't graduate from the College. Is it unusual to be a non-graduate alumni donor?

No, some of Gordon's strongest alumni supporters actually graduated from a different school. Remember, we will consider you an alumna/us after attending one semester. If you believe in the value of offering new generations of students an excellent liberal arts education, spiritual development and academic freedom informed by a framework of faith, we welcome your support.

What are the College's highest fundraising priorities?

The Gordon College Fund is the highest annual giving priority for the College. This fund makes up the difference between tuition and the actual cost of education.

What are the tax benefits of making a gift to Gordon?

Gordon College is a 501(c)3 non-profit institution. Your gift to Gordon is tax deductible as allowed by law. A receipt will be issued for your gift.

What are the different ways I can make my gift to Gordon?

  • Credit card gifts can be made online or over the phone at
    p: 978.867.4900.
  • Checks should be made payable to "Gordon College" and mailed to:
       Gordon College
       Development Office
       255 Grapevine Road
       Wenham, MA 01984
    Unless otherwise indicated, gifts will be credited to The Gordon College Fund.
  • Stock / Securities
  • Electronic Funds Transfer (EFT)
  • Special and Planned Gifts

How much control can I have over the use of my gift?

The online giving form offers several giving options for gifts. Gifts to The Gordon College Fund are unrestricted and go to areas of highest impact.

How can I update my address?

Address changes can be made via phone, email or online for alumni.
p: 978.867.4900
e:

What is The Gordon College Fund?

The College's highest priority for annual giving, it is the means by which Gordon alumni, parents and friends can most effectively contribute their financial support for undergraduate education and student life.

What do gifts to The Gordon College Fund support?

The Gordon College Fund supplements the College budget and helps in many ways including:

  • student scholarships
  • co- and extra-curricular activities
  • service contracts (library services, licensing agreements, etc.)
  • attracting and retaining quality faculty

What is The Partners Program?

Financial aid for deserving students continues to be a challenge for both students and Gordon College. When it comes to meeting the costs of a college education, it must begin with the students and their families. But many families simply can't afford the full amount. The Partners Scholarship Program provides you the opportunity to help bridge the financial gap many families. Partners operates as our "current endowment."

What calendar does Gordon College use to recognize gifts?

Gordon recognizes gifts according to the College's fiscal year, which runs from July 1 to June 30.

I still have questions. Where can I get more information?
You can receive additional information from the Development Office
p: 978.867.4900
e: