Ways to Give
A gift to MCC is an investment in your community s well-being. Our success would not be possible without the generosity of alumni, friends, and local businesses who value a strong, affordable college opportunity right here in central western Kentucky; over $28 million in private support has been designated to MCC since 1988. Your gift can assist one of the following strategic areas that are vital to continued programming excellence.
- Tuition support for adults and youth alike who are pursuing associate degrees.
- Direct support for the Glema Mahr Center for the Arts or the Muhlenberg County Campus/Shaver Center.
- Tutorial programs.
- Funds for employee professional development that keeps academics strong.
- Support for the Loman C. Trover Library and related programming.
- Support of special initiatives such as named endowments, Title III underwriting, a specific arts performance, diversity programming or academic professorships.
Give Today / Cash
The advantage of giving a cash gift right now is that it has an immediate impact on academic programming. Also, your actual out-of-pocket cost is less than the dollar amount of the gift because of the allowable income tax deduction.
Give Today ... Create an endowment
An endowment is a permanent gift fund of at least $15,000 that provides valuable interest income to support your area of choice. Endowments may be named for a family member, an area of interest, or as memorial giving. Endowments at MCC have averaged 4.2 5.0% in interest earnings over the past 15 years.
Give Later | Be Proactive with Estate Planning
There are specific types of gifts which you can plan for today that will create benefits later. They also provide a way to leave a legacy that strengthens priorities that you deem most important, including:
- Your Living Will; include specific, simple bequest language in your will naming the college as the recipient of a planned gift along with other charities of your choice.
- Gifts of Life Insurance; provides an effective way to benefit the charity, and is generally easier on a pocketbook. An existing policy that is paid-up or partially paid-up may be advantageous if your family responsibilities are not as substantial as they once were, and those with limited cash values can be purchased at a cost which does not exceed $800 annually. Policies must be owned by the charity.
- Lead and Remainder Trusts that may by pass generation.
- Real Estate or other personal property.
- Matching Gifts through Employer.
- Retirement Savings, including transfer of IRA or 401-K funds.
- Closely held, or appreciated stock that is highly taxable.
*This message is not offered as legal advice. For legal advice, please contact your attorney.