Types of Gifts
Help students achieve their dream
There are several opportunities available for individuals, organizations, or business to provide scholarship funds for deserving students at West Shore Community College.
Gifts you can make today
A check given to the WSCC Foundation allows the advantage of income tax savings.
A resourceful way to assist future generations of students because once established, it is self-perpetuating.
Employers or service Organizations may sponsor matching gift programs that can double or triple a gift.
Gifts of Stock
Gifts of Stock allow the donor to give with little or no effect on current spendable income and receive significant tax benefits.
Tangible personal property may be deducted at the fair market value of the property without the payment of any tax appreciation.
Gifts you can make to be received later
Give WSCC a specific amount, a percentage of your estate, or part of what remains after providing for loved ones. A bequest can be added to an existing will with a codicil or amendment.
Name the WSCC Foundation as the beneficiary of a life insurance policy or contribute a policy that is no longer needed.
Using retirement accounts could offer heirs significant tax savings.
Annuities and Trusts
Receive annual income for life through several options including, Charitable Gift Annuity, Charitable Remainder Trust, Pooled Income Fund and Charitable Lead Trust.
Though these are basic guidelines for gift giving, if you have further questions about charitable giving, consult a CPA to discuss these and additional tax-saving strategies.