Ways to Give
Make a Difference
Your gift makes a wonderful difference at Genesee Community College and in the lives of our students.
Your gift to the Foundation’s General Fund benefits all the Foundation’s activities. Your gift to a special fund supports scholarships for students in a particular academic program, 经济困难学生, 或者住在特定社区的学生. 基金会拥有150多种不同的 捐赠基金和特殊期限基金.
You can make a one-time gift, or make a “recurring gift” every month, every quarter or annually. Use your credit card, make a gift directly from your bank account, or simply make a pledge. The Foundation’s Gift Policies & Tips help meet your needs, and ensure that you and the Foundation comply with any relevant tax laws.
Making an online gift is safe, and your information is protected by secure server technology. Making an outright gift of cash or other assets is the most common form of charitable giving. However, 如果你正在做长期财务规划或遗产规划, you may wish to consider planned or deferred giving as a way to achieve your charitable and financial goals. If you have any questions about the GCC Foundation or the donation process, we’re here to help! 随时lol电竞菠菜，电话:(585)345-6809或电子邮件 foundation@farkegitim.com.
Bequest
遗赠是最常见和最受欢迎的有计划的礼物形式. A bequest is simply a statement contained in a donor’s will directing that assets be given to a charity upon the donor’s death. Bequests can involve specific dollar amounts or percentages of a donor’s estate. And donors can designate bequests toward the general support of a charity, 或者朝着一个特定的计划或目的. Bequests must be included in a donor’s will, but most are very easy to create.
在你死后将现金或其他财产捐给慈善机构, you help ensure that your interests and values are supported for years to come. 遗赠是通过你的财产捐给慈善事业的礼物. 遗赠只能写在遗嘱里. Bequests of cash are common, but bequests can include securities or gifts of other types of property. 遗赠通常很容易创建, 你的律师可以迅速起草符合你需要的语言.
Four tips:
- 我们鼓励您让我们知道您正在计划遗赠. If you wish, 我们会把你的名字纳入我们的遗产协会, which honors individuals who make bequests and other deferred contributions.
- Our legal title is 杰纳西社区学院基金会. Your attorney should use this title in drafting bequest language in your will.
- The Foundation holds many funds created by donors to promote study in particular fields, honor loved ones, 或者支持住在特定社区的学生. If you wish to make a bequest and direct it toward your own endowment fund, we strongly encourage you to create your fund now – even if you are not planning to make contributions to the fund during your lifetime. Creating your own fund now simplifies your will, and helps avoid confusion after your death.
- We are always pleased to help you or your attorney prepare your bequest. 请随时致电585-345-6809.
Charitable Gift Annuity
A Charitable Gift Annuity is simply the transfer of cash or other assets to a charity by a donor in exchange for a fixed annual payment to the donor for life (or to the donor and another beneficiary for both lives). The payment rate is based on the number of annuitants and their ages; generally, the older the donor, the higher the payment. Charitable gift annuity rates may be somewhat lower than commercial annuity rates, 但通常比定期存单或货币市场利率高得多. 赠予年金被认为是一种保险, and charities are required to maintain sufficient reserves to guarantee that the annuities will be paid over the lives of the donors. 赠予年金很容易创建. 他们为转移的资产提供部分税收减免, 而且每年年金收入的一部分是免税的.
Charitable Lead Trust
A charitable lead trust is a “temporary” trust set up for a specified number of years, 从捐赠者的遗产中移除信托资产. The trust pays income to one more designated charitable organizations each year, which the charities can use for general support or for a purpose designated by the creator of the trust. The creator of the trust or another designated beneficiary receives the trust assets at the termination of the trust. 铅信托是一种高度复杂的赠与工具. 他们通常需要大量的法律和管理费用, so lead trusts need to be funded with a very substantial sum of assets. 收入一般要纳税.
慈善剩余信托基金
A charitable remainder trust is an irrevocable trust created by a donor with cash or other assets with a trustee, in return for the donor (or other beneficiaries) to receive income for life or for a specified number of years (generally not to exceed 20 years). A charitable remainder annuity trust provides income to the donor of a payout percentage based on the value of the trust when it established. For example, 如果信托的初始价值是100美元,000，支付百分比是5%, 捐赠者或受益人将获得5美元,在此期间，每年可获得5万英镑, 无论信托资产的价值如何变化. 慈善剩余信托, on the other hand, 向捐赠人或受益人提供可变收入, 基于信托资产的波动价值. For example, 如果信托的初始价值是100美元,000，支付百分比是5%, 捐赠者或受益人得到5美元,000 the first year. But if the value of the assets increases to $110,000 the following year, the payout is then $5,500. Donors receive partial tax deductions for the assets transferred into the trust. Charitable remainder trusts are complex, and require the services of an attorney and accountant.
Donor-Advised Fund
A donor-advised fund is often termed a “charitable checking account.” Donors can contribute cash or other assets to the fund at their discretion, 哪一个通常是由大型慈善组织赞助的, 比如社区基金会. Some investment firms also sponsor philanthropically-related donor-advised funds. 捐赠者可以定期向他们的“账户”捐款, and make recommendations to the sponsoring charity on grants made to the fund. However, the sponsoring charity is not obligated to follow these recommendations. Donor-advised funds give donors the ability to make charitable gifts at will, 或者时间礼物，以满足他们独特的税收要求, without designating specific beneficiaries at the time gifts are made.
Life Insurance
人寿保险礼物可以有几种形式. For instance, donors can contribute paid-up or partially paid-up policies to a charity, or donors can actually buy a life insurance policy on behalf of a charity. Some conventional life insurance policies on the market include a charitable gift option which the policy owner can use if he or she buys enough insurance. Corporations occasionally make modest charitable life insurance policies available to key officers and managers. Generally, life insurance gifts can be created simply by designating one or more charities as beneficiaries. Tax deductions are limited to policy surrender values or premiums paid, and the purchaser of the policy must designate the charity as irrevocable owner and beneficiary. The tax advantages of life insurance gifts may not be as significant as other types of planned and deferred gifts, 因此，对许多捐赠者来说，人寿保险并不是理想的捐赠工具.
Private Foundation
A private foundation is an incorporated not-for-profit organization that generates ongoing charitable support from income-producing assets. Private foundations are often established to create family or corporate legacies. Private foundations can be structured to exist in perpetuity, or for a limited number of years. 然而，私人基金会确实有缺点. They require ongoing governance and management, and are regulated under federal and state laws. Private foundations require a very significant investment of cash or other assets to be effective and economical.
Retirement Plans
For many donors, retirement plans (including IRAs) comprise a large portion of their assets. Donors over age 70½ can contribute all or a portion of a retirement plan to charity, usually by designating one or more charities as beneficiaries on the retirement plan’s beneficiary designation form. 通过将退休资产捐给慈善机构而不是个人, 捐助者可以大大节省税收.
