Ways to Donate

We invite you to invest in Southern West Virginia Community and Technical College. Partner with us and help the College continue to provide the highest quality educational opportunities to our students and train skilled workers in Southern West Virginia.

Your gift is important to the Vision 2020 Major Gifts Campaign no matter what the amount. There are many ways to support Southern West Virginia Community and Technical College through tax-deductible giving to the Southern West Virginia Community College Foundation, Inc. Whether you give an annual gift that will go to the area of greatest need or a specific gift to a program or scholarship, your gift will make a difference to the future of Southern West Virginia Community and Technical College and its students. We appreciate your generosity.

Gifts by Check, Credit Card, Payroll Deduction, and Phone

The Southern West Virginia Community College Foundation offers a variety of giving options designed to best meet your charitable giving interests and financial situation. You may make a direct (cash) gift to the Foundation in the following ways:

Check

Write a check payble to the Southern West Virginia Community College Foundation, Incorporated and send it along with clear instructions for the use of your gift to:

VISION 2020 Major Gifts Campaign
P. O. Box 2020, Mount Gay, WV 25637

Payroll Deduction

Employees of Southern West Virginia Community and Technical College may make charitable contributions to the Southern West Virginia Community College Foundation. To sign up, please complete a Major Gifts Payroll Deduction Authorization Form authorizing an automatic monthly payroll deduction and submit it to the Office of the President.

Credit Card

To make a gift by credit card, please use our secure online giving form. We accept American Express, Discover, MasterCard, and VISA.

Phone

If you prefer to give credit card information by phone or if you would like to talk with or arrange a meeting with a member of the Development Office staff, please contact Tammy Mays by e-mail or telephone at 304-896-7406.

Corporate and Foundation Giving

Southern West Virginia Community and Technical College is fortunate to have investors such as community organizations, corporations and foundations who value community relationships and support education. As a corporation, giving back to your community is not only good business; it is an investment that yields great dividends improved lives and an improved community.

Southern prospers when corporations and foundations financially support our education and workforce missions through major gifts and matching gift programs. We are proud to have developed many partnerships with businesses throughout West Virginia and we continue to search for new partnerships with corporations and foundations.

For additional information regarding business partnerships or corporate/foundation investments, please contact:

Southern West Virginia Community and Technical College
Office of the President
2900 Dempsey Branch Road, Mount Gay, WV 25637
Voice: (304) 896-7439
FAX: (304) 792-7046
E-mail: VISION 2020 Major Gifts Campaign

Gifts in-kind

In-kind donations are goods and services provided at no cost to the Southern West Virginia Community College Foundation in lieu of a monetary gift. Provided the gift is one that meets a college need, we appreciate gifts of non-cash tangible assets which may be used to further the education and training of students, or gifts which benefit the administrative operations of the College. Individuals and representatives of businesses and corporations interested in making in-kind donations are asked to contact President Joanne Jaeger Tomblin at 304-896-7439 or Ron Lemon, Vice President for Development, at 304-896-7425 to discuss potential equipment before making such a gift.

Appraisals

The donor must obtain an appraisal executed by a qualified independent appraiser for any non-cash contribution which 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.

Matching Gifts

When you make a gift to the Southern West Virginia Community College Foundation, you can increase the amount, the significance, and the impact of your gift by taking advantage of a corporate matching gift program. Thousands of companies provide matching gifts for their employees and retirees and some provide matching gifts for gifts made by spouses of employees and retirees. These programs allow you, as an employee, to direct your organization’s corporate philanthropy to the benefit of Southern West Virginia Community and Technical College when they match your personal gift. Inquire at your human resources or employee benefits office to determine if your company will match your gift. There are also some foundations and associations that provide matching funds.

Planned Gifts

Planned giving is a powerful philanthropic vehicle available to donors of the Vision 2020 Major Gifts Campaign. A Planned Gift is any charitable gift which is structured to optimize an individual’s tax, financial, and/or estate plans. Planned gifts often utilize the expertise of financial and legal adviors and are often deferred gifts. A planned gift allows a donor to support Southern West Virginia Community and Technical College yet defer the actual transfer of those assests to a time in the future.Making a deferred gift and providing for the College in a will are important ways to assure the ongoing strength of the institution. Options for planned giving include:

Bequests

Remembering Southern West Virginia Community and Technical College in your will removes assets from the donor’s estate and reduces its exposure to federal taxes. Bequests can include gifts in the form of: Cash, stocks, bonds, or real estate; A specified percentage of your estate; or the residue of your estate (property remaining after other bequests have been fulfilled.) Be sure to work closely with your attorney if you want the Southern Foundation to be the recipient of a future gift.

Deferred Gifts

Deferred gifts may be used to provide for the future of Southern West Virginia Community and Technical College. One example of this type of gift is a trust. Under such an arrangement, you can provide for one or more individuals to receive income from an asset during their lifetime, and then at their death the principal would go to the College. Another method of making a deferred gift is through a charitable gift annuity. When setting up a deferred gift, it is important to work with a representative of the Southern West Virginia Community and Technical College Development Office and consult your tax advisor or attorney.

Life Insurance

Life insurance can be a convenient and cost effective way of making a substantial gift for the future of the College. Gift opportunities range from naming the College as owner and beneficiary of a life insurance policy to using life insurance to replace assets given to the College. Under the latter arrangement, the donor makes a significant gift to the College and uses the tax savings to purchase a life insurance policy. The policy will replace the contributed funds for the future of the donor’s family.

Retirement Savings

Naming the College as a beneficiary of a portion of your retirement funds is another way for a donor to create a lasting legacy at Southern West Virginia Community and Technical College. In the event you wish to make this type of gift, please contact the administrator or person in charge of your individual retirement account, profit sharing count, or other retirement plan to list the College. Retirement plans are a desirable means of making charitable gifts because of the high tax burden associated with passing these assets on to non-charitable recipients.

More Information

For more information, please contact:

Southern West Virginia Community and Technical College
Office of Development
2900 Dempsey Branch Road, Mount Gay, WV 25637
Voice: (304) 896-7425
Fax:(304) 792-7046
E-mail: VISION 2020 Major Gifts Campaign

Property, Stocks, and Securities

Gifts of property, stocks and/or securities which you have held long enough to qualify as long-term investments may provide tax advantages to you while providing a larger contribution to the College. A charitable gift of this type, rather than cash, may enable you to avoid capital gains taxes on the appreciated investments, and you receive a deduction for their full market value on the date of your gift.

Gifts of this type are coordinated by Ronald Lemon, Vice President for Development at Southern West Virginia Community and Technical College. He can be reached via e-mail at [email protected] or via phone at 304.896.7425. Before making a gift of property, stock or securities, please first contact the Development Office. We will provide the necessary information to make sure the transaction is handled to your specifications and you receive proper credit for your gift.

How can I make an outright gift of stock via electronic transfer?

Giving stock through electronic transfer is the easiest method when a donor maintains holdings in a brokered account. Depository Trust Company, or DTC, is the clearinghouse for electronic security transfers. Each brokerage firm has a specific DTC number.

Please contact Lola Lackey, Development Office Accountant, by e-mail or by telephone at 304-896-7407, before the transfer so that the Foundation can make arrangements to receive the stock. The Foundation cannot sell an unidentified security. At the same time, please indicate the purpose of the contribution, such as an annual gift, a pledge payment, or funds for a planned gift.

Where to Direct Your Gift

The Southern West Virginia Community College Foundation is the official recipient for all gifts to the campaign and to the College. Checks should be made payable to the Foundation and mailed to:

Vision 2020 Major Gifts Campaign
P. O. Box 2020
Mount Gay, West Virginia 25637

If you need the Foundation’s tax ID number, please e-mail the Development Office or call 304.896.7415.

More Information

For more information regarding the VISION 2020 Major Gifts Campaign, please contact:

Joanne Jaeger Tomblin, President
Southern West Virginia Community and Technical College
P. O. Box 2900, Mount Gay, West Virginia 25637
(V) 304.896.7439
(F) 304.792.7046