The SARA Annual Fund is our primary vehicle to support CWRU Crew. Donations represent unrestricted annual operating funds that are used to benefit Case rowing maintaining their fleet of shells, insurance, coaching and attending regattas nationwide. 100% of donations go into supporting the team.

SARA is an independent 501(c)3 organization so your donations are fully tax deductible to the extent of the law and directly support the team. All contributors will be recognized on the SARA web site and will be updated during the year on how their donations are being used.

The two main sources of funds are your cash donations to SARA and people's use of the Amazon link (~$2,000/year). Please consider a gift to this worthy cause.

What is the Annual Fund used for?

Below are typical annual expenditures for SARA to support the team:

Operating budgets at Case's peer schools (Rochester, Emory, UChicago, WashU, CMU, etc.) are in the range of $150-250,000 per year. The combined resources from SARA and student's fundraising and dues barely reaches $75,000. Half of the competition! Seventy-five thousand seems like a lot, but not considering $40,000 racing shells, the cost of world class coaching and $1000 to $3000 to attend a regatta.

Your increased support of the Annual Fund will help close this competitiveness gap. Please visit our Current Priorities page for more details.

Please mail donations to: Make Checks out to Spartan Alumni Rowing Association   Timothy A. Marcovy 218 Teal Trace Dr. Mayfield Heights, OH 44124-4178 email: tam1952 (AT) gmail.com

Or donate via Paypal: One-time donation

Gifts of Appreciated Securities

Spartan Alumni Rowing Association now has the ability to accept donations of shares of stock. When donating stock to SARA that has appreciated in value, donors can benefit by receiving a tax deduction for the current appreciated value of the stock on the day of the donation, regardless of what was originally paid for the stock.

The donor also pays no capital gains tax on the appreciation in value. For example, if I donate 100 shares of XYZ Corp worth $10,000 that I bought for $2,000, my charitable deduction would be $10,000. Conversely, If I were to sell the shares for $10,000 and donate cash, I would pay capital gains (as much as 37%) on the $8,000 difference. leaving me with much less than $10,000 to transfer. This is the typical treatment, your individual circumstances may vary and should be discussed with your tax preparer.

The SARA account that can receive stock donations has been set up with Charles Schwab. If you also have a Charles Schwab account and are interested in transferring shares of stock (Schwab-to-Schwab), it's a relatively simple process of completing the attached form and returning it to Charles Schwab.

Please contact us if you would like more details on donating appreciated securities.

Endowment

To learn more about our endowment and planned giving please click here.