HomeSupporting Deep Springs

Supporting Deep Springs

Supporting Deep Springs

While the costs of providing a top-tier academic program along with operating a full cattle ranch are substantial, Deep Springs charges no tuition or fees to students attending the college. Staff and faculty salaries, lodging and student housing, utilities, infrastructure and maintenance all add up. To see details of our annual expenses and revenue, check out our most recent Annual Report or visit the Publications page to view back editions of the report.

To cover these costs, we rely on endowment income and annual contributions from alumni, friends, family and foundations. You can take part in Deep Springs’  tradition of purposeful scholarship by contributing, regardless of whether your gift is large or small. Your investment in Deep Springs is an investment in progressive education. The integrity of the institution and its ideals allow students to receive unmatched preparation for future leadership and service to humanity.

Use our web teller to contribute online: DONATE HERE. You can set up automatic recurring gifts or a one-time contribution.

Development Contacts

John Dewis, Development Director
(760) 938-6176
johndewis@deepsprings.edu

Kerrie Coborn, Development Officer
klcoborn@deepsprings.edu

David Neidorf, President
ext. 72
dneidorf@deepsprings.edu

Deep Springs College is a not-for-profit 501(c)3 corporation established in the state of California. Contributions to our educational work are eligible for tax-deduction under applicable provisions of the Internal Revenue Code. Recent tax filings of Form 990 for Deep Springs Corporation are available at www.guidestar.org.

Ways of Giving

There are several ways you can contribute to each of our programs. You can simply mail a check payable to “Deep Springs College” to the address at the bottom of this page. You can include an optional donation form, but it’s not required. When you make a donation, please indicate the intent of your gift. Pledge forms for the endowment are available here.

Below are alternative ways you can contribute to Deep Springs, as well:

Donations Online

Deep Springs accepts online credit card donations, via two options.

Go to our DONATE page.

Select the Donate button there and follow instructions for making a credit card gift. (The credit card transaction fee is 2.5% so if you’d like to help us out, ‘boost’ your gift by 2.5%.) You can make a gift without creating an account, or you can create a login account to view your complete personal gift history at Deep Springs. Contributions go directly to Deep Springs, and you will receive a tax receipt from us.

OR

Visit our page on Network for Good. Follow the online instructions to set up a giving account, including donation amount and frequency and credit card information. You will be able to edit these details at any time by returning to the site. You can monitor your contributions and obtain tax receipts directly via your Network for Good account.

Bequests and Planned Giving

L.L. Nunn made the first planned gift to Deep Springs when he established his Trust to benefit the College. Scores of other donors have done so since. In the past decade alone Deep Springs has received over $6 million from bequests. You can join the L.L. Nunn Legacy Society by naming Deep Springs as a beneficiary in your will, trust, or life insurance policy. If you do so, we would like to know about it as it helps us plan for the future. Download a Planned Gift Notification form to complete and send to our office. See the notification form for details.

The college is not certified to administer direct annuities for donors, but you may establish an annuity with any of a number of financial institutions, naming Deep Springs as the final beneficiary.

Stocks and Securities

You may be able to save on your taxes by gifting appreciated shares directly to Deep Springs. For transfer instructions, contact Deep Springs development officer Kerrie Coborn at klcoborn@deepsprings.edu. We will then provide you with our necessary investment account information. You can provide that information to your broker or financial institution, then let us know (a) the stock transfer donor, (b) date of transfer, (c) amount of transfer, and (d) the intent of the donation (i.e. endowment, annual giving, or specific capital fund).

We need to go through these steps in order for us to correctly track your donation. Deep Springs holds its investment accounts with State Street Global Markets in Boston, MA.

Matching Gift Contributions

Please ask your employer or organization for information on matching gift eligibility and program limitations. Many companies have conjoined foundations to match charitable giving by their employees. If your company has such a program, please name Deep Springs College in the gift matching documentation.

Contributions of Goods or Services

For an in-kind gift, please contact our office with a description and value of the gift, and how to take delivery.

Memorial Donations

Targeted donations to Deep Springs can be made in honor of or in memory of someone special. We welcome and greatly appreciate such remembrances – and we’re honored to duly record them in our annual report.

Please send donations to:

Deep Springs College
HC 72 Box 45001
Dyer, NV 89010-9712

Or contact John Dewis with questions:  johndewis@deepsprings.edu

New Century Campaign

Because we charge no tuition of our students, Deep Springs maintains a special relationship with our alumni and contributors. Their yearly commitment to the college, coupled with a healthy endowment, allows us to meet our budget responsibly every year. At present, income from the endowment provides for 60% of annual expenses, income from farm operations provides 7% and annual contributions provide the rest. In addition, we need periodic contributions for capital maintenance and improvements.

With the turn of a new century our goal is to solidify the long-term health of the college and the academic program through four key projects:

  • Increase endowment to provide for 70% of our operating budget
  • Establish a $250,000 fund to endow our Summer Seminar classes
  • Fulfill a $500,000 fund to endow our Herb Reich Sciences Chair
  • Remodel the Boarding House (dining hall) to accommodate changes in our labor program, improve community life and facilitate self-governance

Ideally, an income ratio of 70/25/5 from endowment/annual gifts/farm & ranch will provide the best sustainable long-term fiscal policy.

To achieve these goals, the college needs to raise $3 million in the next three years and ultimately another $8 million for our endowment by 2025. Meanwhile, we must continue to raise approximately $600,000 each year for annual operations. To do that, we need the help of many hundreds of contributors. Please read below for the areas in which you can help, and see the Ways of Giving page above to learn how. We invite you to join our New Century and be a part of “the most innovative college in the country” as we embark on another hundred years.

Annual Operations

Contributions to annual giving are for use to cover operating expenses on an ongoing basis. In this manner, your contribution goes directly toward paying salaries and expenses in the current fiscal year. You can contribute with a check to Deep Springs College or, to manage your giving budget, you may consider scheduling recurring credit card payments throughout the year. Contact Kerrie Coborn and she can set this up for you, or you can do so yourself at our Donate page.

Endowment Gifts

After many years of financial struggle, we completed a $15 million Centennial Campaign in 2013 to secure the financial stability of the college. As of July, 2017, the endowment stands at $23.6 million. Our New Century Campaign goal of an additional $8 million will secure our position into the next century. This will allow us to keep pace with rising salaries and expenses, reduce our dependence on annual operating donations and make for more predictable budget cycles. You can contribute through an immediate gift now or by making a pledge which can be fulfilled at a future point or over several payments. To download a pledge form, click here. You may also make a planned gift through your estate. See the Ways of Giving page above for more information.

Capital Purchases

We continually need to upgrade vehicles, enhance our library, or replace outdated facility equipment. Through capital contributions, we can improve the caliber of our facilities and academic program without having to trim salaries or ongoing operations. The Boardinghouse serves as both a kitchen and hub of community life. With the increased use of our own garden produce and baked goods, space for food preparation and storage has become woefully inadequate. Meanwhile, increased use of events and student meetings has cramped the dining hall. Through renovating the existing structure we can enhance all these functions for the benefit of the students and community. Your gift will help us reach the $2,000,000 needed to complete renovations. Or, if you have other specific capital gifts in mind, we are always open to ideas.

Program Enhancements

Many contributors also prefer that their gift be earmarked to support specific program enhancements that may not be fully met by the operating budget—things like music instruction, additional summer seminar instruction, or first aid training. We are happy to accept gifts earmarked for these program needs.