There are a number of ways to make a gift to Manchester Community College.
Cash, Checks and Credit Cards
Gifts of cash can be put to use immediately if given for current operations. If gifts of cash are given for endowment, they can begin earning usable interest as soon as they are received. Checks should be made payable to the Manchester Community College Foundation. Gifts may also be made by credit card: American Express, Discover, MasterCard or Visa.
Multi-year pledges enable donors to meet their specific financial needs. By extending payments over time, donors may be able to increase the size of their gift. Typically, pledges are arranged for two to three years, but commitments beyond that time frame may also be arranged.
The benefit of a gift of appreciated securities is two-fold: it can be put to use immediately for the college and, for the donor, tax deductions may be possible. Often, the donor may deduct the full market value of appreciated securities if the stocks have been held for longer than six months.
Each year, more than 1,000 U.S companies match the philanthropic efforts of their employees, doubling or even tripling the impact of a single gift. A company’s human resources office is the best source for information about corporate matching gift programs.
Matching Gift forms can be sent to:
Manchester Community College Foundation
Great Path, MS #6
PO Box 1046
Manchester, CT 06045
Real Estate/Personal Property
A donor may choose to make a gift of tangible personal property such as art or antiques, rare books or coins, even stamps or jewelry. Real estate can also be deeded to the foundation, often resulting in a sizable reduction in capital gains tax for the donor.
The college needs all manner of supplies, equipment or materials in order to operate. In consultation with the college, a donor can determine how this type of gift can best benefit academic programs.
The Annual Fund campaign raises money to ensure quality support and programming and guarantees that the educational opportunities at MCC are available for future generations of students.
Benches, Bricks, Building Spaces and Seat Plaques
Celebrate a graduation or anniversary, commemorate a birth or wedding, or memorialize a loved one. Engraved bricks are placed in the William R. Johnson Library Garden, benches are situated throughout campus and seat plaques are installed in the SBM Charitable Foundation Auditorium.
Annual Fundraising Events
The Evening of Fine Food and Friends is the premier social event sponsored by the MCC Foundation. The evening includes a robust silent auction and silent wine auction, wine, and craft beer tasting and fabulous food prepared and served by MCC’s award-winning culinary students. Proceeds support scholarships and college programs.
A donor may make a gift of life insurance to the college simply by designating the MCC Foundation as the beneficiary.
Bequests provide a lasting legacy for the college. By recognizing MCC in a will or other instrument, a donor may ensure that his or her philanthropic intentions are well met. Such a gift can benefit the donor’s estate, as well, often providing a charitable tax deduction while reducing the size of the taxable estate.
Other Deferred Gifts
Charitable annuities and trusts are important ways that a donor can ensure that MCC best benefits from his or her gifts. Because of the complexity of these vehicles, it is recommended that the donor’s attorney or financial planner consult with the MCC Foundation before executing such instruments.