When you make a donation to the Richland Community College Foundation, you make an important investment in our community’s future.
There are many ways for you to contribute to the Richland Community College Foundation. The following information may help you consider various ways to support the college and learn about the tax advantages associated with certain types of charitable donations. The Richland Community College Foundation is a 501c(3) organization.
- Outright Gifts
Gifts of cash, appreciated securities (shares of stock or mutual funds), or other property; these gifts provide immediate financial assistance.
A pledge is a formal declaration of intent to make a gift to the Richland Community College Foundation. It may be followed by an immediate gift or it may confirm your intention to make a gift in the future. Many donors choose to complete their gift pledge by making regular annual payments over a five-year pledge period.
- Gifts in Honor, Gifts in Memory
Gifts may be made in honor or memory of a loved one, a friend or colleague, or a business, or to commemorate a special occasion.
An endowment is a fund that is set aside for a specific purpose. The principal of the gift is invested and earnings are used to fulfill the purpose of the endowment. A gift to an endowment demonstrates your long-term commitment.
- Planned Giving
Planned gifts are gift arrangements that have specific tax advantages and often include lifetime income to the donor or a beneficiary(ies) named by the donor. A planned gift maximizes your giving potential and can even allow you to ensure your future financial security or that of a loved one.
Thank you for your interest in creating a scholarship to help deserving students attend Richland Community College. Scholarships continue to be a pressing need for our students due to the rising cost of tuition and fees. While more than 60 percent of Richland Community College students receive financial aid, there are many middle-income students with limited resources who do not qualify for federal aid. These students depend on scholarships to attend college.Each year, the Foundation awards scholarships to more than 500 students who have financial need and academic promise. With your support, even more students may receive the needed assistance to reach their educational goals and career aspirations.
Richland Community College Foundation
One College Park
Decatur, Il 62521
217.875.7211, ext 350