You may wish to establish an endowment in perpetuity to the TTC Foundation. The only funds disbursed are those earned from investment of the corpus. Gifts of any amount may be made to the Foundation's general endowment. Named endowed accounts, in support of student scholarships or other purposes, may be established with a minimum $30,000 gift. The Foundation's endowments are invested safely and wisely, according to the Foundation's investment policy, and managed by an experienced team of professional financial managers.
Donations of equipment and resources that can be used for classroom and training purposes should be made directly to Trident Technical College. While the College values all offers of donated equipment, the College may decline items that are not suitable or that require unacceptable amounts of maintenance or technical support. In-kind donations of products and services can also be contributed for auction at TTC's annual funraising event, A Night in the Valley.
Appreciated property is a good way to make a gift because the value of the gift is deductible and the donor's profit will not be taxable as a capital gain.
Gifts of appreciated securities to the TTC Foundation benefit both the college and the donor. By donating securities that have been held for a year or more and increased in value, the donor may deduct the current fair market value of the gift at the time of the donation and not incur a capital gains tax.