Planned Giving

Give to the LCC Foundation

Tradition of Support

This information describes various methods of tax-favored giving to the Lenoir Community College Foundation. You are invited to explore the many ways you can leave your mark on the future of Lenoir Community College students.

Although we welcome and encourage outright gifts, you should realize there are other ways to support our programs through what is known as planned giving or charitable estate planning.

Federal and state tax laws favor charitable giving, by providing real income tax, capital gains tax, gift tax, and estate tax benefits. The government rewards you today for making a current or future gift in support of Lenoir Community College programs.

A gift can be made during your lifetime, or a gift can be made under your will or trust. It may consist of cash, securities, mutual funds, retirement plans, personal property, and/or real estate. There are even ways you can give something to us, such as real estate and still keep the lifelong right to use it.

When reviewing or revising your overall estate plan or personal investment holdings, you might want to consider a significant charitable gift. Sound planning can provide financial security for your family, as well as assure a continuation of the College’s programs. Often by using charitable estate planning techniques the tax advantages allow you to make a greater gift than otherwise thought possible, while also benefiting your family and heirs.

Ways to Give and Primary Benefit to Donor

Ways to Give and Primary Benefit to Donor

  • Cash Gift–Immediate Tax Deduction
  • Gift of Appreciated Assets–Immediate Tax Deduction and Capital Gains Tax Avoidance
  • Life Insurance–Immediate Tax Deduction
  • LIfe Estate–Immediate Tax Deduction & Estate Tax Deduction
Designing Your Gift

Designing Your Gift

Through careful planning, your gift might create a scholarship so that the success you now enjoy may be possible for others. Your interests might set up a specific program endowment within the Foundation. A gift can also be used for our current, most pressing needs.

If you have decided what area of the College will benefit from your generosity, we are ready to help you in shaping your gift. All amounts and intentions are always kept strictly confidential unless you direct us otherwise. By working together you, your advisors, and the Foundation can create a distinctive gift that meets your vision and the goals of Lenoir Community College.

Outright Gifts

Outright Gifts

An outright gift is a contribution transferred to the Foundation immediately, which may take the form of cash, securities, tangible or intangible personal property, or real estate.