Types of Gifts

There are several options available for individuals, organizations, or businesses to provide scholarship funds for deserving students at Mid Michigan College.

Gifts you can make today

A check given to the Foundation allows the advantage of income tax savings.

An efficient way to assist future generations of students because once established, it is self-perpetuating.

Matching Gifts
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.

Personal Property
Tangible personal property may be deducted at the fair market value of the property without the payment of any tax on the appreciation.

Gifts you can make to be received later

Give Mid 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.

Life Insurance
Name the Mid Michigan College Foundation as the beneficiary of a life insurance policy or contribute a policy that is no longer needed.

Retirement Plans
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.

The Mid Michigan College Foundation is the fundraising arm of the College and is a 501(c)3 non-profit organization. Donations to the Foundation are tax deductible on both a State and Federal level. Please contact your accountant for specific information.

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