Ways to Give Today

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Ways to Give Today

There are a variety of ways to make an immediate philanthropic impact on students at Trinidad State. The right option is always the one that works best for you.

Cash and Gift Pledge
For many people, making an annual cash donation or pledge is a great option. It’s simple and allows you to support Trinidad State at whatever level is appropriate. All donations are deductible to the fullest extent allowed by law.

Matching Gift
A great way to maximize your support is through a matching gift. Please check to see if your employer (or spouse’s employer) matches employee donations to qualified nonprofit organizations like the TSJC Educational Foundation. Some employers even double or triple employee gifts.

Appreciated Securities
Some people prefer to preserve available cash balances, seeking other options when making a donation. The most common example is a gift of appreciated securities – stocks, bonds or mutual fund shares. This option has two major advantages: (1) it can provide the donor with an immediate income tax deduction and (2) it can eliminate any capital gains tax when the securities are eventually sold. For more information about gifts of securities or to request our brokerage information, please contact the Foundation Office.

Qualified Charitable Distribution
For those age 70.5 and above, another option is to make a gift directly from your IRA. This option is attractive for people who no longer itemize deductions or would like to donate without reducing available cash on hand. Although a Required Minimum Distribution will not be mandatory in 2020 (CARES Act), an IRA still represents a highly tax-efficient source of funds for your donations. To learn more—or to request a blank instruction letter than you can use with your IRA Custodian — please contact the Foundation Office.

Real Estate
Another alternative to a cash donation is a gift of appreciated real estate. Gifts of residential, commercial or agricultural property can make an important impact on our students, pending their appropriate review by TSJC Educational Foundation. Gifts of appreciated real estate have two major advantages: (1) it can provide the donor with an immediate income tax deduction and (2) it can eliminate any capital gains tax when the real estate is eventually sold. Please contact us during the early stages of your planning.

The TSJC Educational Foundation accepts equipment that can be used by the College or quickly sold. Please contact the Foundation Office if you would like to explore a potential gift of equipment.

Personal Property
This option includes works of art, rare books, antiques and vehicles, among other items or collections. Please contact the Foundation Office early in your consideration of any potential gift of personal property. Also, please know the final decision to retain or sell the donated property rests with the Foundation’s Board of Directors.

Final Thoughts
It is important to discuss your charitable options with your professional advisors before making any gifts. Your advisors are best positioned to help recognize the specific tax benefits you may enjoy, and identify the necessary steps to insure IRS compliance (e.g. independent appraisal). Please know the Foundation Office is happy to support these conversations in any way that is helpful.

The Foundation's mission is to support the growth and development of Trinidad State Junior College.

For more information, please contact the Foundation.