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Dear Friends: According to the American Association of Community Colleges, "Nationally, 46% of all undergraduates are enrolled in community colleges—6.6 million students in credit courses and 5 million in noncredit courses" ( www.aacc.nche.edu ) The importance of a community college to its service area can not be exaggerated. Looking to the future is the role of Northwestern Connecticut Community College and supporting the College is the role of the Northwestern Community College Foundation. We are asking you to help the Foundation with your contribution which provides funds for those needs of the College which are not provided for in the state budget. As the College continues to grow in enrollment, in programs, and in campus, it is more important than ever that the Foundation grow with it. The student body has increased in size. New and exciting programs are being offered. The Learning Center has been completed, additional parking has been provided and the new arts and sciences building is under way. The Foundation has funded many activities- see the list below for some of them. In addition, the Foundation supports a growing number of scholarships both at the College and for students of the College going on for further education. The State has recognized the need for Connecticut college foundations to build their endowment by providing matching funds for contributions made to the foundation endowment. Present law states that your contribution for scholarships, endowed professorships and college programs enhancement will qualify for these matching funds. It is important that you make a generous contribution to support the work of the Foundation and, if you have given in the past, that you continue your support. Thank you for helping us to help the College. Sincerely, Herbert G. Isaacson, Esq. Barbara Douglass, Ph.D. President, NCCF President, NCCC
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NORTHWESTERN COMMUNITY COLLEGE FOUNDATION
Examples of NCCF Support 2005-2006
Wingmasters: North American Birds of Prey |
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The generosity of alumni, parents, and friends enhances academic programs and enriches our community on a daily basis. There are several ways to make a gift to NCCF. Gifts of all kinds, sizes and forms are invaluable:
Outright Tax Deductible Gifts
Cash
Marketable Securities
Memorial Bequests
Planned Gifts
Designating NCCF as a Beneficiary of life insurance, wills and trusts
Establish a permanent legacy in your name through a Charitable Gift Trust
A Charitable Gift Trust allows you to establish a personal, or family, foundation and contribute assets to the College while still receiving the following benefits:
Income for Life for you and/or your Beneficiary(s)
Unlock Capital Gains
Immediate Income Tax Deductions
Reduced Estate Taxes
Successor Election Feature for Future Generations
Costs Nothing to Establish
Simple to Administer
You might consider a Charitable Gift Trust if...
You own low-basis, publicly traded securities that produce little or no income, and you want the opportunity to increase income.
You are in, or approaching, your retirement years and are looking for an opportunity to supplement your income.
You want to make a charitable gift but are concerned with incurring capital gains taxes on the sale of appreciated securities.
You would like to create a legacy through a personal or family foundation.
In many ways, a Charitable Gift Trust really does benefit everyone-you, your loved ones, and the school and community you love. Achieve both goals and make a lasting impact on the community.
If you would like us to send you additional information on how you can establish a legacy and create income for life, check number IV on the Contribution Form, or call the Office of the President at 860-738-6406.
The State’s Matching Funds
To assist Connecticut college foundations financially, the state provides matching funds for contributions made to a foundation endowment, providing earnings from the endowment are used for scholarships, endowed professorships or college program enhancements. Present law states that your contribution will qualify for such matching funds.
NCCF cannot, however, deposit contributions into that endowment unless so directed by the donor by checking the "A" box in section II on the return donor envelope.
To give to NCCF, just print out the Contribution From, and mail it in. Thank you!