Ways to Give

Gifts that the Foundation Accepts

Annual Gifts

The TC3 Foundation Annual Campaign — Be the Foudation — provides ongoing support to the programs and services with the greatest need. The Foundation solicits annual gifts from alumni, the local community, businesses, and faculty and staff. Unrestricted gifts to the Annual Fund are an important source of steady income that enables the Foundation to provide support for activities and projects such as grants-in-aid, scholarships, faculty and staff development, and emerging needs of the college.

As an independent corporation, the TC3 Foundation is not funded by the sponsoring counties or New York state. Private, unrestricted donations ensure that the necessary funds are available to administer the Foundation's programs and to engage in fund-raising efforts. Unrestricted gifts to the Foundation support all of the Foundation's programs.

Gifts-in-kind — Equipment

including tangible property, may be given to the Foundation at any time.

Gifts of Stock

Gifts of appreciated stock make sense for many donors. When you make a gift of stock, you can recognize a tax deduction based on the stock’s value at the time of the gift. By not selling the stock yourself, you do not have to pay capital gains tax. As a not-for-profit charitable institution, when the TC3 Foundation receives your stock gift, we are exempt from paying tax.

Endowments

An endowment is an investment in the future of Tompkins Cortland Community College. An endowed fund ensures that funds will always be available, with the stipend paid out of fund income. This is a special gift that keeps on giving, year after year.

Gift Planning

Thoughtful gift planning enables you to make charitable gifts now or after your lifetime while providing financial benefits for both you and your family.  Planned gifts are sometimes referred to as "stop-and-think" gifts because they require some planning and, often, help from your professional legal and financial advisors. Unlike cash donations, they are typically made from assets in your estate rather than disposable income, and come to fruition upon your death.  Learn more about creating your TC3 legacy through gift planning.

Memorial Gifts

Memorial gifts may honor a friend or a loved one or recognize a special achievement. An acknowledgement is sent to the honored individual or their family. Unless otherwise designated, memorial gifts are most commonly used in the areas of greatest need or made a part of the Memorial Endowed Scholarship fund.