Ways to Give

Gifts of Cash

This is the easiest and most popular way to support Florida College. By writing FC a check, you help guarantee that we will be able to help generations of quality young people learn and grow in a Godly environment. Also, if you itemize, a cash gift is fully deductible against up to 50% of your adjusted gross income. If your gift exceeds this limit, you can carry forward the excess for five years.

Additionally, your employer may match your gift to Florida College, doubling—and in some cases quadrupling—your contribution to FC.

Gifts of Stock

Giving stocks is a great way to save on taxes in two ways. First, gifting an appreciated stock allows you to avoid paying capital gains taxes on its gain. Second, you will receive a tax deduction for the value of your stock, and write off up to up to 30% of your adjusted gross income, with a five year carry forward. These are two benefi ts that are worth looking into at this time of year.

Gifts of Real Estate

If you have owned a piece of property for a long time and it has appreciated, you may have to pay high capital gains taxes when you sell it. This is why a gift of real estate can be especially beneficial. If the property is given to Florida College, you will avoid paying the capital gains tax and receive a charitable deduction for the property’s value.

Gifts of Life Insurance

This is an easy way to benefit from an unnecessary life-insurance policy. When you name Florida College as the owner and beneficiary of the policy, you may receive a charitable deduction of the policy’s cash value. Also, if you continue to pay the premiums, those will be tax deductible each year. Check with your life insurance agent for details.

Life Income Gifts

A life income gift is a good way to make a sizeable gift while insuring that you still have a steady income. These types of gifts allow you to increase your income, receive a charitable contribution deduction, and avoid capital gains tax on any appreciated asset that you give. Life income gifts offer many benefits in one gift. Contact us for more information.

Gift Bequests

Year end is a good time to think about your long term plans. A gift through your will offers maximum fl exibility and great tax benefits. Your bequest can be tailored to satisfy current family needs and leave a gift to FC. You can adjust your plans when circumstances change. If you plan to make a charitable bequest, we’d like to know. We want to be sure that your wishes are followed completely and accurately.