H.L. Hunley Topic of February 23 Presentation at Tri-CountyRead More
Tri-County Technical College recognizes donors each fall in our Annual Report to the Community. All gifts received between June 30, 2014 and July 1, 2015 will be recognized in the 2015 publication.
Donors can make cash contributions at any time. Give online at your convenience.
Non-cash gifts, such as equipment and software are also welcome. Please contact the Foundation Office to determine current needs.
- Employer's Matching Gifts
Your gift could double or triple if your employer has a matching gift program. Check with your Human Resource Department.
Stocks and bonds that have increased in value are excellent ways of giving. You receive a tax deduction based on the value of the securities at the time of the gift, and you do not have to pay capital gains.
- Real Estate
Appreciated property is a good way to make a gift because the value of the gift is deductible and your profit will not be taxable as a capital gain.
- Life Insurance
The cash surrender value of an existing life insurance policy is tax deductible. Or you may take out a new policy, and the premiums are tax deductible if the College is made the irrevocable owner and beneficiary. You may name the Tri-County Technical College Foundation the first, second, or last beneficiary of an insurance policy.
- Retirement Plans
You might consider naming the Tri-County Technical College Foundation the first, second, or last beneficiary of a retirement plan: 401-K plans, SEP's, KEOG's, IRA's, or tax-sheltered annuities. Or you might use a retirement plan to fund a charitable remainder trust.
- Trusts and Annuities
Cash, marketable securities, retirement plans, or real property may be used to establish a charitable trust or annuity from which you would receive income for life with the remaining assets going to the Tri-County Technical College Foundation upon your death.
The most common and simplest form of planned gift is a bequest through a will or living trust, or a beneficiary designation on an account, such as a traditional IRA or 401(K) plan. More complex gifts through charitable trusts and life income contracts are also possible, though they require more planning, negotiation and formal counsel than other gifts.
- Naming Opportunities
There are numerous opportunities for named gifts rights of classrooms, labs and common areas. Pledged gifts can be made over a period of time to garner an appropriate marker bearing a family or company name.
Donors interested in impacting the lives of students through fiscal support can gift to existing scholarship funds. Make a one-time gift or make annual contributions to a specific fund in a designated field
Donors may establish named endowments to offer living tributes and memorials to family and friends. The created fund benefits current and future students and programs for years to come. The principal in the fund is never touched. Only the interest is used to make annual awards. The endowment may be funded over a period of time to reach the designed amount to generate needed funds.