Gifts of Cash
In addition to checks, some alumni and friends contribute by credit card
or through monthly electronic transfer. Forms for electronic transfer
are available through the Development Office. Don't forget Matching Gift
Support - More than 1,000 corporations match employee gifts to institutions
of higher education. Are you eligible to participate in your company's
matching gift program? Forms are available from your employer's Human
Resources Department.
Contribute online
Memorial Gifts
Families frequently choose Hesston College to receive memorial gifts.
The memorials can be designated to an established scholarship fund, the
Hesston College Memorial Scholorship, a special project or the Annual
Fund.
Gifts of Commodities
You can give grain, livestock, etc. Not only does Hesston College benefit,
but you can deduct the cost of production and you may qualify for other
tax benefits as well. You sell the commodity and the buyer writes the
check to Hesston College (also forwarding a scale ticket or auction receipt).
Or, you can designate an amount of grain to be held at an elevator for
Hesston College, notify the development office and we will direct the
sale.
Gifts of Securities
Many people who own stocks or shares in mutual funds have watched the
value of their investments increase. The challenge is how to turn investments
into cash without losing a large portion of their gains to taxes. One
answer is to donate all or a portion of the investment to charity. (For
details on the gifting process, contact a Hesston College development
representative.)
Gifts of Personal Property
Farm machinery, cars, furniture, etc. are examples of in-kind gifts. A
development representative can assist you with this process.
Gifts of Real Estate
If your situation is like that of most people, the real estate you own
has increased in value substantially since you acquired it. The land may
be farmland, land being developed for commercial purposes, bare lots in
a city or town, or a small acreage with or without buildings. If you sell
the property you will need to pay income tax on the capital gain, which
has the net effect of you having fewer dollars to give. But when you give
appreciated property you avoid paying income tax on the capital gain.
Planned Giving
Crescendo Software
(income-producing)
- Annuities
- Annuity Trusts
- Pooled Income Fund
- Unitrusts
- Charitable Remainder Trust
(additional opportunities)
- Charitable Gift Fund
- Bequest
- Charitable Lead Trust
- Estate Note
- Life Insurance
- Lifetime Endowment Program
- Living Trust
- Retirement Plan Designation