GCC基金会

是的. Contributions to the 基金会 are deductible to the full extent allowed under federal and state law.

The mission of the 基金会 is to raise the level of instruction in the classroom by attracting excellent students; to provide access to higher education by worthy and deserving students who demonstrate financial need; to encourage students from our region to remain in the local workforce; and to promote community involvement in the life of the College.

The College provides the basics (and more) through its operating budget. But the 基金会’s far-reaching goals only come about through the passionate volunteer and 金融支持 of civic and 业务 leaders, 教职员工, 校友, 和学院的朋友们.

The 基金会 is the official fund raising and gift-receiving agency for Genesee 社区 College. 社区, 业务, 以及来自佐治亚州的公民志愿者, 利文斯顿, 奥尔良, and Wyoming counties comprise the 基金会’s 董事会. The Board governs the 基金会 and sets its policies. The 基金会, established in 1985, is a not-for-profit corporation.

是的. We frequently receive memorial gifts from family and friends of people associated with the College. A gift receipt is sent to the donor, and the deceased’s family is sent an acknowledgment of the gift.

If your employer (or your spouse’s employer) offers a matching gift program, your gift to the 基金会 can be doubled or even tripled. Obtain a matching gift form from your human resources office, 完成你的部分, 连同你的捐款一起寄给基金会. We’ll complete the remainder of the form and obtain the matching gift.

Non-designated (or unrestricted) gifts satisfy scholarship and other program needs of the College as determined by the 董事会. 然而, many donors wish to direct their gifts toward a particular need, such as supporting students from a particular community or in a specific field of study. These designated (or restricted) gifts are used only for the 目的s directed by donors. The 基金会 holds more than 150 Donor-Designated基金.

这很简单. A 基金会 staff member will ask you some basic questions about the fund – its name, 目的, 基金拨款的准则, and how and when it will be established – and then prepare a one- or two-page letter of agreement for you to review and sign.

Over the last five years, our supporters generously contributed $6,591,016. Our direct fund raising expenses for that period totaled $892,214, or 13.总供款的5%.

Genesee 社区 College 基金会 Housing Services, Inc. is an affiliate not-for-profit corporation set up to hold and 管理 real estate on behalf of the 基金会 and the College. This corporation holds title to College Village, a student residence acquired in August, 2001.

The legal title is The Genesee 社区 College 基金会, Inc. Your attorney can provide the specific language necessary to 建立遗产 根据你的意愿. We can also help you or your attorney with the wording; this is especially important if you plan to direct your bequest to a specific designated (restricted) fund, 或者根据你的遗赠建立一个新的基金. 无论如何, we encourage you to share your final will provision with us to ensure that your wishes will be properly followed and recognized.

是的. 按照固定数额的遗赠, you leave a specified sum of money in your estate (for example, $20,000美元)捐赠给基金会. 按百分比遗赠, you leave a specified ratio of your estate (for example, 10%的财产)捐给基金会. 根据遗赠, you leave to the 基金会 whatever portion of your estate is not allocated to other beneficiaries. 您也可以将这些形式混合在一起. 例如, you could establish a series of fixed amount bequests in your will, followed by a series of remainder percentage bequests.

You can make bequests to the general (unrestricted) fund, or to a special fund that you establish during your lifetime or through your bequest. 你和你的律师可以回顾我们的 遗赠的示例语言 开始吧.

An endowment fund consists of assets that are held in perpetuity – literally, 永远——而且只有收入, 或者收入的一部分, 从基金中被花掉. Endowment funds are often created by donors who wish to insure long-term support of a favorite cause or program. 你可以建立一个 捐赠基金 在你的一生中，或者通过遗赠.

是的. 迈克尔·J. Ryan Fund for the Future is an endowment fund that exists for the general support of 基金会 programs. Investment earnings from this fund benefit all 基金会 activities.

By making a gift of stock that has appreciated (or increased) in value, you avoid paying capital gains tax (usually a maximum rate of 15% of the appreciation on securities you have held longer than a year). You also receive a tax deduction for the full market value of the stock.

例如, let’s say you originally bought stock in ABC Corp. 以4000美元的价格.  现在它值2万美元. 如果你自己卖掉股票, 你可能会付2美元,400美元的资本利得税(16美元的15%),000年升值). If you donate the stock, you pay no capital gains tax – and you receive a $20,000 tax deduction. To calculate what your deduction is worth in actual tax savings, multiply the market value of the stock you plan to donate by your marginal tax rate. 例如, if your marginal tax rate is 30% and you’re making a gift stock worth $10,000, 你可以扣除10美元,000, 你的现金“储蓄”将是3美元,000.

Usually the best thing to do here is sell the stock yourself and donate the proceeds. 结果是你会产生资本损失, and you can apply this against some of the capital gains you have earned from the sale of appreciated stock.

在很多情况下，是的. You’re probably thinking of a Charitable Gift Annuity or a Charitable Remainder Trust. What happens here is that your gift of stock funds the annuity or trust, which in turn provides you with income for life or for some other fixed period. (These vehicles can only provide income for someone else, such as spouse who survives you). You also receive a tax deduction for part of the gift, based on IRS actuarial tables; generally, the older you are when you set up the annuity or trust, 你的扣除额就越大.

在某些情况下，例如, when the appreciation on the stock is very significant or when you’re setting up an annuity or trust at a relatively young age – it might pay to purchase wealth replacement insurance, possibly from a portion of the annuity or trust income you receive. This insurance makes it possible to replace some or all of the assets you donated after you die, giving you the opportunity to make a wonderful charitable gift and leave substantial assets to your heirs.

You can easily create a charitable gift annuity with one simple document. 慈善提醒信托, 另一方面, 要复杂得多, and usually requires guidance from your attorney and financial adviser.

• Each year, the College requests 基金会 support for various 奖学金项目 以及其他举措. The 基金会 carefully reviews the request in light of available resources. Three 基金会 committees are involved here: the Stewardship Committee considers the request in light of the College’s and 基金会’s priorities; the Finance Committee examines the availability of funds and the fiscal implications of the grant; and the Campaign and Fund Development Committee determines whether it’s possible to raise the funds necessary to meet upcoming grant obligations. The 董事会 makes final grant allocations each spring.