Ways to Give
There are many ways to make a significant gift investment in the Delta College Health Professions Building project. We hope this information will help you decide what form of payment will most benefit Delta, while being most advantageous to your individual circumstances.
A multi-year pledge will enable you to consider a larger gift investment for one of the naming opportunities and determine a convenient schedule of payments stretched over a period of months or years. The recommended pledge payment period is two to three years, although a longer time horizon will be considered in consultation with the Delta College Foundation. Reminder notices will be sent at regular intervals. Pledges are tax deductible only as payments are received.
Download the pledge form (PDF)
Pledge forms can be mailed to:
Delta College Foundation
1961 Delta Road
University Center, MI 48710
Cash or checks are always welcome. Payments may also be made using VISA, MasterCard, or Discover. Contributions may be deducted for federal tax purposes when you itemize your deductions. The federal and state tax deductions will depend on your tax rate and other factors, so be sure to consult your personal tax advisor.
Many corporations provide matching gifts in recognition of an employee's or other eligible individual's support of his or her favorite charity. Matching gifts are often equal to a donor's gift, and some corporations match on a two-to-one or greater ratio. Please forward your completed company matching gift form to the Delta College Foundation, along with your pledge, gift form, or payment.
An outright gift of appreciated stocks or bonds may provide significant tax advantages for you. The capital gains tax on appreciation is eliminated, and the full current market value may qualify as a charitable contribution deduction. The date of transfer is used to calculate the value of the gift.
For the capital gains tax exclusion to apply, the donation must be made before the securities are sold, otherwise you are liable for the capital gains tax. Thus, it is important that your broker transfer the securities to the campaign prior to their sale. Contact the Delta College Foundation at (989) 686-9224 for specific instructions on transferring securities.
The Delta College Foundation would welcome your deferred gift in addition to your pledge as a means of ensuring the future of student education. Deferred gifts may include instruments that can provide an excellent method of diversifying an estate, reducing income tax, reducing gift and estate tax, and minimizing probate costs. Among the most popular and relevant methods of making a deferred gift are:
Outright bequests, as well as certain bequests in trust, are not subject to estate taxes. A bequest can often be arranged by simply adding a codicil to an existing will.
Naming the Delta College Foundation as the beneficiary of your existing insurance policy is a simple and low cost way to give a gift. Also, consider transferring ownership of an existing paid up insurance policy. You will receive an immediate tax deduction relative to the current value of the policy. If you give a new policy, or a policy that still requires a premium, the premium can qualify as a charitable tax deduction.
Charitable Remainder Trusts
A Charitable Remainder Trust is a special trust that pays income to family members throughout their lifetimes. Naming the Delta College Foundation as the beneficiary of the trust will allow you three benefits:
- Bypass of capital gains tax
- Increased income
- A charitable income tax deduction
You may be able to donate part of the current distributions to the campaign.
Retirement Plan Assets
Balances in tax-deferred retirement accounts are subject to both estate taxes at death and income taxes upon future distribution. Naming the Delta College Foundation as the beneficiary avoids estate tax on the balance and income tax on the distribution. You may also donate part of the current distributions to the campaign.
We will be pleased to work with you in determining how you wish to make a gift investment in the Delta College Foundation's INNOVATION campaign. We also advise you to consult your own legal/financial counsel to help you make the largest possible gift investment at the least possible net expense to yourself. Personal financial circumstances vary widely and must be considered in order to receive maximum benefit from tax laws.
The Delta College Foundation's INNOVATION campaign will acknowledge and receipt all gifts. We recommend that you retain a copy of the receipt for tax purposes. For more information on the many ways in which you may make your gift investment to support the Delta College Foundation's INNOVATION campaign, please contact:
Delta College Foundation