Ways to Make A Difference Today
CASH AND GIFT PLEDGE
A cash gift is the simplest and quickest way to support UCC and has an immediate impact on students’ lives and UCC programs. Gifts can be made as one-time gifts or as monthly, quarterly, or annual contributions.
Employers (or a spouse's employer) may match your donations to qualified nonprofit organizations, such as the Umpqua Community College Foundation. Some employers even double or triple employee gifts.
STOCKS AND BONDS
One of the most beneficial ways to make a gift to UCC is to donate securities,including stocks, bonds, or mutual fund shares. These gifts entitle you to an immediate income tax deduction.
You can give private, commercial, or agricultural property to the Umpqua Community College Foundation. We prefer that you contact us during the early stages of your planning so we can jointly decide the best use of the property by the Foundation.
The Foundation accepts equipment that can be of use by the College or quickly sold. It is best to contact the Foundation Office to discuss potential equipment before making such a gift. You must obtain an appraisal for equipment contributions valued at more than $5,000.
Works of art, books, vehicles, etc., are considered gifts of personal property. Your deduction will depend on the appraised value and how the gift will be used by the Foundation or the College.
Ways to Give In The Future
Your will can include gifts in the form of the following:
- Cash, stocks, bonds, real estate, or personal property
- A specified percentage of your estate
- The balance of your estate after family members have been taken care of
Be sure to work closely with your attorney if you want the UCC Foundation to be the recipient of a future gift.
Your life insurance agent can discuss with you the types of insurance gifts you can make. Insurance gifts can benefit you and UCC in many ways. You can make a substantial gift with modest premium payments, or it's a good use of paid-up policies that are no longer needed for family members. You may also name Umpqua Community College Foundation as a beneficiary of a portion of your life insurance policy.
Ways to make a Creative Gift
CHARITABLE REMAINDER TRUSTS
By transferring assets to the Umpqua Community College Foundation to establish a trust, you or a beneficiary receive a lifetime income. Eventually, the remaining assets of the trust pass on to the Foundation. This gift works well if you need income now. This is appropriate for gifts of $50,000 or more.
RETAINED LIFE ESTATE
If you deed property (a house, summer home, farm home, etc.) to the Umpqua Community College Foundation, you and/or your spouse retain the right to live in the house for the remainder of your life. You also receive an immediate income tax deduction for the gift. The Foundation will most likely sell the property when you or your spouse no longer need it.
Other Things to consider
A charitable gift to the Umpqua Community College Foundation should be made on or before December 31 of the year in which you wish to receive the charitable income tax deduction.
If items of personal property (including equipment) can be used by the College, you will receive a maximum allowable deduction. If there is no related use, you receive a smaller deduction. Contact your financial advisers for special related-use issues in giving.
You must obtain an appraisal for any non-cash contribution that exceeds $5,000. The appraisal summary section of IRS Form 8283 must be completed and attached to your income tax return on which the deduction is claimed. No appraisal is required for a gift of publicly traded securities for which market quotations are readily available on an established securities market.
Your gift will be used specifically for the purpose(s) they were given and treated with the utmost care and confidentiality per your instructions.
CONSULT YOUR TAX ADVISERS
The information on this page is not offered as legal advice. For legal advice, please contact your tax attorney and tax accountant.
WHERE TO DIRECT YOUR Gift
The Umpqua Community College Foundation is the official recipient for all gifts to the College. Checks should be made out to the Umpqua Community College Foundation. If you need the Foundation's ID number, please contact the Foundation Office at 541-440-7847.
Donate by Mail
Please print out and fill in a Foundation Pledge form. You can mail the form and check to:
Umpqua Community College Foundation
P.O. Box 967
Roseburg, OR 97470
View / Download 2014 UCC Foundation Pledge Form
Your Donation is Tax-Deductible
The Umpqua Community College Foundation is a 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent allowed by law. No goods or services were provided in exchange for your donation.
Ellen Brown - Contact