Monetary gifts by check or credit card
Your gift is available immediately and in most cases it is 100% deductible (for donors who itemize deductions).
To make a gift by check, make your check payable to “Montgomery County Community College Foundation” and mail both to Montgomery County Community College, 340 DeKalb Pike, East House, Blue Bell, PA 19422.
You can also give by credit card online or by calling the Foundation office at 215-641-6529.
Gifts of securities
When you make a gift of appreciated securities (including publicly traded and privately held stock and mutual funds) that are held for longer than one year, you can take a charitable deduction for their full current value and avoid paying the capital gains tax that would be due if you sold them when transferred directly to the Foundation. Please call the MCCC Foundation for wire transfer instructions.
Gifts of real estate
There are several ways to make a gift of real estate such as a piece of land, a house or a farm, including:
- Outright gifts, where the Foundation sells the property (usually avoiding federal capital gains taxes on appreciated value) and uses the proceeds for the purpose you choose. You also are eligible for a substantial charitable deduction.
- Gifts with retained income, where you use the value of real estate to fund a trust.
- Live-at-home gifts, where you transfer ownership of your personal residence but retain the right to use the property for life.
- Gifts of partial interest, where you designate a percentage of interest and the Foundation receives a proportionate share of the proceeds when the property is sold.
You may give tangible property such as books, furniture, artwork and jewelry, if there is a related use at the College or, in many cases, be sold so that the proceeds can benefit the College. Because federal income tax guidelines govern gifts of tangible property, we urge you to consult with a tax advisor before choosing to give an object of substantial value.
The Foundation generally does not accept gifts of services (which are also not tax-deductible under Pennsylvania state law); any exceptions to this policy require written approval.