Besides giving an immediate gift of cash, you can support the work of MACC through its Foundation in a variety of ways:

Appreciated Property: If you have something of value, i.e., stocks, real estate, collectibles that if sold you would owe taxes on the gain, giving (transferring) the property to MACC may entitle you to an immediate income tax deduction for the fair market value of the gift and eliminate those taxes. 

Bequests: You may easily give cash, property, or even an interest in a business to MACC upon your death. You may be able to leave this property in whole or in part without rewriting your will or trust by simply adding a codicil to existing documents. Ask your attorney or ask us for a referral to someone who can help you.

Charitable Annuities: You may gift property into an annuity and receive an income for the rest of your life (or another beneficiary’s life). Whatever is left over comes to MACC after that. In most cases you even get a current income tax deduction for a portion of that gift. If this interests you, we can make a referral to help you look at this option.

Wealth Replacement: Creatively using life insurance to fund or replace a gift to MACC could possibly be the best of both worlds. You can fund a future gift with today’s dollars and receive a potential tax deduction today. This way your children or grandchildren won’t be worried about their inheritance when they see you giving your assets to charity.

Gifts-in-Kind: Gifts-in-Kind are gifts of property that are voluntarily transferred by a donor to Moberly Area Community College Foundation without compensation. These gifts may include equipment, vehicles, materials, supplies, artwork, and other personal property a donor might give to Moberly Area Community College for use in its educational programs or for sale by the Foundation.  Please see this form for more information.

Memorial Gifts: To remember someone by making a donation to the Foundation in that person’s name is a special way to give. The family of the deceased will be notified of your generous gift.

Combinations: Many times there isn’t just one best answer, and you must look at a combination of the above. Let us work with you, your estate planner, and your other advisors to make sure it’s a win, win situation.

In all of these situations, please seek competent legal and tax advice, as some of your choices are irrevocable. All gifts to the Moberly Area Community College Foundation are administered by the Foundation and are tax-deductible to the extent provided by law.  Be sure to contact the MACC Foundation to let them know of your intent.