Ways to Make a Gift to NEMCC
There are several ways to make a cash gift to NEMCC Development Foundation. Please consider these gift options:
|When making a Gift to the NEMCC Development Foundation, you are…
Gift of Scholarship Endowment
The beauty of an endowment is apparent, It is a legacy that continues for generations to come. The contribution may be in the form of a one-time gift or a pledged gift with portions given over a period time. The gift is invested, and only a portion of its annual investment return is used for purposes specified by the donor. The goal is to ensure that the principal maintains its value over time. Thus, a donor who creates an endowed gift today can be confident that it will grow and continue to support NEMCC in the years to come. For a list of the endowed scholarships the Northeast Development Foundation manages, please see the “Foundation Scholarships” page on our website. Please click here to develop your Scholarship Endowment Plan.
Gift of Annual Scholarship
Gift of an Individual Retirement Account
You can currently make a lifetime gift using funds from your individual retirement account (IRA) without undesirable tax effects.
Gift of Stock
Your gifts of non-cash property such as stock may provide an ideal way for you to make a contribution. These gifts may be more advantageous than outright cash gifts because you can make a larger gift at less cost.
Gift through Estate Planning
Through planned giving, donors receive assistance in establishing gifts that will help the college for generations to come. Planned gifts can be arranged through wills, trusts, insurance, and gifts of property. With proper planning, you can make wonderful gifts in support of the college while maintaining or even improving your financial status. It is actually possible to make gifts while increasing income for you and/or loved ones, providing for inheritances, and reducing or eliminating income, gift, and estate taxes.
Many businesses and individuals take part in the worthwhile project. This is done by making a gift-in-kind donation to the Northeast Development Foundation, which may be designated to a particular area or left to the discretion of the Foundation to place where it is most needed. (A gift-in kind donation includes anything except monetary gifts.)
Gift to the Annual Giving Program
The Northeast Development Foundation encourages all individuals and businesses to make a donation to the Annual Giving Program. Please click on the following link to view our current Annual Giving Program options.
Gift of Real Estate
Your gifts of non-cash property such as real estate may provide an ideal way for you to make a contribution. These gifts may be more advantageous than outright cash gifts because you can make a larger gift at less cost.