Making a Gift
When you make a gift to the Moraine Valley Community College Foundation, you play a pivotal role in helping us continue the college's tradition of excellence. Through your generous donation, you can help ensure a more promising future, improve our community, and enhance the lives of our students. Gifts of all sizes are appreciated and can be made in a number of ways.
Pledges allow you to make a contribution with payments spread over a period of time. Reminders will be sent to you about your commitment on a schedule that is established by you.
- Gifts of Securities or Assets
Under the Internal Revenue Code, gifts of long-term appreciated property can be highly advantageous because the allowable deduction is based on the securities' market value at the time the gift is made, not your cost. No tax is imposed on capital gain. We recommend you discuss donating securities with your attorney or tax advisor.
- In-Kind Donations
The Moraine Valley Community College Foundation always welcomes in-kind contributions. Such gifts have included equipment, fine arts, books, and other collections and supplies from various corporations and individuals that have benefited faculty, staff and students.
- Memorial and Tribute Gifts
A thoughtful way of remembering someone special and creating a living legacy is by making a gift to the Foundation in honor, or in memory, of an individual. Memorial gifts can include a scholarship in the name of the person, or a room or building dedication.
- Life Insurance
Life insurance policies can name the Moraine Valley Foundation as the beneficiary in full or in part. A gift of whole life insurance can be made to the Moraine Valley Foundation by naming the Foundation as the irrevocable owner and beneficiary of the policy. Gifts of life insurance policies require charitable contributions from the donor to the Foundation in the amount of any premiums, including unscheduled premiums, which may become due.
- Retirement Accounts
Individual Retirement Accounts (IRAs) or company plans, like life insurance proceeds, may be left to the Moraine Valley Foundation by naming the Foundation as beneficiary.
- Trusts, Wills and Bequests
You can include the Moraine Valley Foundation in your will or trust, including living trusts and charitable remainder trusts. We recommend these provisions be discussed with your attorney and tax advisor. In order to assure that Moraine Valley Community College will benefit, you may use one of the following statements:
- Matching Gifts
Alumni and friends can double their gift to the Moraine Valley Foundation if their employer is a matching-gifts company. To find out if your employer offers this valuable benefit, contact your human resources department.
- Payroll deductions
Moraine Valley employees may make one-time and continuing contributions to the Foundation via payroll deduction during the Foundation's annual giving campaign.
For more information on how to make a gift, contact the Foundation.