What is Planned Giving and what are its benefits?

Simply stated, Planned Giving enables a person to help provide for the financial well-being of the College in future years. Such gifts provide an opportunity for donors to make a philanthropic gift that he or she might be unable to make otherwise.

More technically, Planned Giving is any deferred or outright gift substantial enough to require a donor to consider his or her tax and financial situation along with his or her philanthropic intent. Many who wish to donate a significant gift to Piedmont Community College are unable to make the gift outright, so they choose to make a substantial planned gift while providing important tax and income benefits to themselves or others. Donors can also increase income or pass assets on to heirs and reduce or avoid estate and gift taxes.

Planned gifts to the Piedmont Community College Foundation may require the assistance of a professional and may include one or more of the following to complete: CPA, attorney, trust officer, certified life underwriter, realtor and the College’s development professional.