| Naming the Gulf
Coast Community College Foundation, Inc., as a beneficiary in a
will, insurance policy, or trust allows you to influence and touch
the future by enriching the lives of generations of students.
A planned gift is a contribution that is intentionally designed
to give the maximum benefits to you, your family, and the
organization you choose to benefit. It can be given in many
forms.
The simplest method is to remember the Gulf Coast Community
College Foundation, Inc., in your will. With a bequest of $1,000
or more, you (or a loved one) will be listed on our honor roll of
"Memorial Members." A bequest of $15,000 can endow a named
scholarship in perpetuity. Gifts of greater amounts can receive
other naming recognitions on the GCCC campus appropriate to the
level of the contribution.
Making a planned gift doesn’t have to be complicated. Wills can
be amended through a simple codicil without the need to rewrite
the original agreement. A memorandum of understanding can be
arranged with the GCCC Foundation outlining the conditions and
eventual use of the deferred gift when it is received.
A gift of a life insurance policy owned by the
Foundation can result in a donation of many times the cost of the
policy and savings in federal income taxes.
Gifts of appreciated securities,
mutual funds, property, and/or
collections provide donors the opportunity to receive an
income tax deduction while minimizing the capital gains tax that
would be owed otherwise.
Representatives of the GCCC Foundation would welcome the
opportunity to talk with you and your attorney or financial
advisor about these issues. While we cannot provide legal advice
or estate planning, we can outline options and offer general
suggestions. We would also be pleased to refer you to
professionals who specialize in these areas.
Please call (850)872-3812 for additional information or
contact us by e-mail. |