Payment Methods

Pledges

• Establishing a pledge is a popular way to make a specific commitment to Rose that is to be paid over time. Pledges are particularly meaningful during the Faculty-Staff campaign.
• You determine the pledge amount, the designation of the gift, the period of time over which the pledge will be paid, and the frequency of payments. Rose will send a pledge reminder each time a payment is due.
• Pledge Form(link to form)
   

RHIT Payroll Deduction

• Payroll deduction gifts are an easy way for faculty, staff and retirees to support the mission of teaching and service in the Institute. The support of faculty, staff and retirees sets an excellent example for all alumni and friends of Rose. Thank you for sharing your talents and your resources.
    
• Contributions may be made to any area of the Institute. If you have questions about current giving or need additional information, please call 812-877-8468 or e-mail schaffer@rose-hulman.edu.
   
• If you wish to make a contribution to RHIT through payroll deduction, please print and complete this form and send to Office of Annual Giving, CM 12. Contributions through payroll deduction begin the first available pay date after the form is received and processed.
   
• Please apply the form in the separate document to this frame.
     

Check

• Simplicity and ease of delivery are the major factors that make checks the most popular type of charitable gift. To send a check, please print a gift form, complete it, and mail it with a check payable to the Rose-Hulman Institute of Technology to:
   
• Office of Annual Giving
  Cm 12
  Terre Haute, IN 47803
   
• Questions? Call 812-877-8217 or e-mail boyd@rose-hulman.edu
    

Credit Card

• RHIT accepts VISA, MasterCard, American Express and Discover cards for payments of gifts and pledges.
   
• To make a gift using a credit card, you can give online or download and print a gift form for either a one-time credit card payment or for authorization of automatic, regular gifts by credit card payment.
   
• When you make a gift to Rose, you will receive an official receipt by mail. Please check the gift receipt carefully to verify the gift amount and the programs to which you designated your gift.
   
• Questions? Call 812-877-8217 or e-mail boyd@rose-hulman.edu
   

Planned Gifts

• Planned gifts provide future support for the Institute and may often be made without any immediate financial impact to the donor. For detailed information regarding endowments, testamentary gifts and gifts that give back, visit the Planned Giving page.
   
• Bequests. Designating a gift in your will or trust is one of the easiest forms of planned giving. Care should be exercised in the wording of a bequest in order to ensure that the donor's wishes are fulfilled. The Office of Planned Giving provides sample bequest language to assist the donor and his/her attorney in drafting. A donor may also name the Institute as the beneficiary of a retirement plan or other financial account.
   
• Pooled Income Funds. This allows irrevocable gifts from separate donors to be combined or “pooled” for investment purposes. In return, each named beneficiary receives a proportionate share of the net income earned by the fund each year. Only upon termination of an income interest will that particular portion of the fund’s assets be distributed to the charitable organization.
   
• Charitable Gift Annuities. A plan in which the donor transfers cash or other assets to Rose in exchange for its promise to pay an annuity for life or for a term of years. Charitable Gift Annuity rates are based on the age of the donor, and are very favorable. After the annuity payments end, the balance goes to support the program or purpose you have designated.
   
• Charitable Remainder Trusts. When a donor transfers cash or other assets to a charitable remainder trust, these funds are invested, and quarterly income from the trust is paid to the donor or to others chosen by the donor. When the trust is terminated, the remaining funds are transferred to the Institute.
   
• Life Insurance. A plan that will entitle a designated charitable organization a portion of a donor’s life insurance.
   
• Questions or Detailed Illustrations? Call the Office of Planned Giving at 812-877-8453