25 Ways you can help the College of Charleston
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Home •
Giving to CofC •
Giving Options |
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| Giving Options |
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| Annual Giving |
| Annual Giving opportunities assist the efforts to
improve the value of the College of Charleston. A variety of giving
opportunities are made available through various organizations and
drives including: |
| Planned Giving |
| Planned Giving provides you with many options to help the College through
an unrestricted gift. Unrestricted gifts enable the College to direct resources to meet the most pressing need or make the greatest impact.
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| Corporate Giving/Business Partners |
Corporate giving is a vital source of funding at the College of
Charleston. The College maintains close ties with successful alumni,
current and former parents, and friends of the College through gifts
and partnerships formed with businesses at the local, regional,
and national levels. These ties and support enable the College to
continue providing a valuable and rewarding educational experience
to our future business and community leaders.
The Business Partners Drive has been an extremely successful effort
for the College of Charleston Fund, helping to maintain and improve
the services that the College provides. Click here
to learn more about how to become a College of Charleston Business Partner.
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| Ways of Giving |
Private financial support of the College of Charleston can be given in two distinct ways - either through
current gifts or endowment gifts.
Donors may direct current gifts to the discretionary use of one of the schools, a department, or a program within the College. Or,
current gifts may be given to the unrestricted fund, which is used to fund the high priority projects of the College.
Endowment support creates a perpetual source of funding by keeping the principal of the gift intact. Only the income of the fund's
earnings can be spent to support the designated program or scholarship.
Endowments strengthen the College of Charleston immeasurably and tie generations together through a common vision of the College's future. Because
the gifts endure in perpetuity, endowment donors share a sense of joy and pride during their lifetime, knowing that they have made this college
a part of their own legacy.
Endowment funds are usually paid over a period of time. Most donors will want to carefully consider a variety of methods for funding endowment
gifts. The specific giving guidelines listed below illustrate categories of possible endowment funds.
Outright Gifts
- Outright gifts include cash, securities, real property, and personal property. The donor receives a charitable deduction
for the gifts.
Life Income Gifts
- Life income gifts include cash, securities, and real property to establish charitable trusts. Donors receive a charitable
deduction and, in addition, the donors or designated beneficiaries will receive income for life. The Foundation receives the trust remainder
after the lifetime of the donor(s).
Life Estate Gifts
- Life estate gifts include a residence, farm, or vacation home. Donors will receive a charitable deduction at the time of
the gift, and the donors retain a life estate in the property, i.e., they continue to use the property for life. Upon the donors' death,
ownership of the property transfers to the Foundation.
Bequests
- Bequests include cash, securities, real property, and personal property. Donors make a provision in their will for the
College of Charleston Foundation.
The College of Charleston Foundation manages the endowment funds for the College. While the Foundation works on many fronts to serve both the long-
and short-term goals of the College of Charleston, careful stewardship of endowment gifts is its top priority.
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