Gifts of Cash
- The simplest way to make a gift to the Foundation is to
  write a check made payable to the TVCC Foundation.
- Your contribution may be designated for a specific program
  or it may be undesignated and available for meeting the
  College's highest priorities.
  (Example: TVCC Endowed Academic Scholarship Program)
- Your gift is tax deductible to the extent of allowable IRS regulation.

Gifts of Securities
- Giving stocks and bonds that have increased in value (that you
  have owned more than one year) provides even greater tax
  benefits than giving cash.
- Not only is the market value of the securities deductible
  (subject to applicable limitations), but you also avoid paying
  the capital gains tax on the appreciation.
- Your gift is tax deductible to the extent of allowable IRS regulation.

Real Estate
- A gift of real estate to the TVCC Foundation provides a charitable deduction for the full fair market value of the gift, up to 30 percent of your adjusted gross income, if you have held it for more than six months, with the usual five-year carryover.
- As with other appreciated property, transferring the asset to the Foundation avoids any capital gains tax in most cases. You will need to have your gift of real estate appraised by an independent appraiser to determine the value of your deduction. Also, please consult with the TVCC Office of Development to make sure that your real estate is appropriate for the College’s use.

Personal Property
- Donations of artwork, books, equipment, collections, antiques and
  other personal property are sometimes appropriate gifts to the
  TVCC Foundation.
- Before making a gift of tangible personal property, please consult
  with the TVCC Foundation to confirm that your gift can be used
  according to your wishes while also supporting the mission of the
  College. Gifts of tangible personal property entitle you to a
  deduction of the property's full fair market value, as long as
  the property is determined by the Foundation to be related
  to the College's education purpose and you have held the
  gift for more than a year.
- Your gift is tax deductible to the extent of allowable IRS regulation.

Planned Giving Opportunities

Life Income Planned Gifts

Provides the donor(s) with a lifetime
income that can be ideal for persons who:

	Already have a charitable bequest in their will (to receive current tax benefits)
	Want to make a charitable gift while retaining an income from the gifted assets
	Have appreciated assets

Examples of Life Income Gifts

Charitable Remainder Trust (CRT)

	Donor transfers assets (usually appreciated stock or real estate) to a tax-exempt trust
	May be for a set number of years or a life time
	Donor receives a current income tax deduction when CRT is set up
	TVCC Foundation will receive the trust remainder after the life income payments have been received by the donor

Charitable Gift Annuity (CGA)

	Easiest life income planned gift to establish
	TVCC Foundation pays a life income to 1 or 2 people in exchange for a gift of cash or stock
	Donor receives immediate income tax deduction
	Donor receives partially tax-free annuity payments
	Donor receives a predictable, secure and guaranteed income

Examples of Other Planned Gifts

Charitable Lead Trust

	A trust that pays income to the TVCC Foundation for a fixed number of years, after which the trust principal reverts back to the donor or heirs
	Offers the donor gift and estate tax benefits

Gift of Life Insurance

	Life insurance gifts are tax deductible if the TVCC Foundation is named as owner and beneficiary of the policy
	Life insurance can be used as "wealth replacement" for life income planned gifts (i.e. Charitable Remainder Trust)

Gifts from Retirement Plan Assets

	Heirs can be taxed at rates up to 75% or more on these assets (income & estate taxes), thereby making them very attractive charitable giving
	Most charitable gifts of retirement plan assets are made at death by naming the TVCC Foundation as the beneficiary on the beneficiary designation form
	Retirement plan assets can also be transferred to a Charitable Remainder Trust to provide life (or a term of years) income to children of the donor

Charitable Bequests by Will or Trust

	Bequests are the most popular type of planned gift
	Entitles donor to an estate tax charitable deduction
	A bequest in a person's will or trust to the TVCC Foundation can be made in several ways A specific dollar amount A percentage of the estate The rest (or residue) of the estate (after all other bequests are satisfied) A charitable bequest can be added to an existing will or trust with a simple addendum

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