Ways to Give
Each year, the foundation receives numerous applications from current and incoming students. And each year, we must turn away qualified applicants. A scholarship can mean the difference between achieving and not achieving a dream. Your gift will provide a student the opportunity to succeed, have a career, and contribute to his/her community.
There are many ways you can choose to support the work of the Foundation, to enrich the learning experience for Northern students that can help you meet your personal and philanthropic goals All gifts to the Foundation are made in accordance with the Foundation's Gift Acceptance Policy, and then administered in accordance with the donor's wishes. Gifts can be made in honor or memory of an individual, family, or other entity. The Foundation office will gladly discuss the benefits of any of these gift options.
Ways to Give
CASH: Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized.
MATCHING GIFTS: Many companies will match the donation of any employee up to a certain amount. Please check to see if your company is a matching gift company.
PLEDGES: Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have been otherwise possible. Terms for payment on pledges can be determined in a meeting with the Foundation.
SECURITIES: Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to Northern New Mexico College Foundation or may be transferred throught the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. It is best to consult with a Foundation representative before a transation is made. Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to Northern.
PLANNED GIFTS: In certain instances, it may be preferable from an estate, financial and tax-planning perspective to consider long term planned giving as the best way to make a gift. This can be accomplished through bequests, trusts, gift annuities, life insurance policies and other gift vehicles.
FACULTY AND STAFF CONTRIBUTIONS: Faculty and staff of the college have the opportunity to support through payroll deduction. Complete the Faculty/Staff Contribution Form and submit a copy to Terry Mulert at 505-747-2147 or firstname.lastname@example.org
All gifts are tax deductible according to IRS guidelines.
For more information contact Terry Mulert at 505-747-2147 or email@example.com