Year-end giving to PCC benefits both students and donors
many Piedmont Community College (PCC) students, achieving their educational
goals at PCC is dependent on financial assistance and other student support
programs that help them along the way. They often benefit from the gifts of
others to help ensure their success, the affordability of their college
education, and their quest for excellence.
you would like to make a difference for PCC students both now and in the
future, you might want to think about the various ways you can do so while also
earning tax breaks for 2012. The PCC Foundation offers several options for
year-end giving. Here are some you might wish to consider:
Gifts of Cash
a gift of cash. This is often the easiest gift and is usually fully deductible
for donors who itemize deductions. Checks dated before Dec. 31, 2012, will be
deductible on your 2012 tax returns.
Gifts of Appreciated
gifts of appreciated stock bonds or other securities allow you to make a
substantial gift while also offering several benefits for you, the donor:
· Avoid capital
gain tax on the appreciated value.
· The amount of
charitable income tax deduction is equal to the full fair-market value of the
stock upon transfer.
· It is easy to do—simply provide your broker or financial
advisor with the following wiring instructions.
If you wish to donate securities over a holiday in which the PCC
Foundation offices are closed in December, please contact Ron Bremer at Edward
DTC ID #0057
FBO: Piedmont Community College
Jones Account #245-11061-1-2
Telephone: (336) 597-3600
Address: Edward Jones
104 North Main Street
Roxboro, NC 27573
you own stock that has gone down in value, you may be able to sell the stock,
make a gift from the cash proceeds and apply the realized loss on your 2012 tax
giving options include gifts from a will or Living Trust, gifts from a
retirement plan and life income type gifts such as charitable remainder trusts.
encourage you to consider these options and to always check with your financial
advisor to determine the best options for you and your family,” said Elizabeth
Townsend, Executive Director, PCC Foundation. “Your interest and financial
support impact student success, faculty quality, and the College’s vital place
in the community. At the same time, you can be part of a growing culture of
philanthropy while also earning tax credit.”
the PCC website at www.piedmontcc.edu/Foundation
for more information on the PCC Foundation and giving opportunities. You may
contact Elizabeth Townsend, Executive Director, PCC Foundation, at (336)
599-1181, ext. 2102 or firstname.lastname@example.org.