We are here to add what we can to life. . . .
Stephen Vincent
Benet
The satisfaction of giving comes in knowing that you are
making a significant investment with lasting
impact upon the lives of those who walk through the doors of Linn State
Technical College. Reflecting upon the past, present and future brings to light
the bountiful richness that is unique to the educational experience at Linn
State. You will be helping us assure the continued personal approach to teaching
and high standards of technical excellence that is our tradition. Making a
charitable gift is an important and very personal decision. Only you can decide
when and how to contribute to Linn State. The following information may be
helpful as you consider various ways to support us. Preparing students for
profitable employment and a life of learning is our mission. With your help we can continue changing
lives forever, for the better.
Ways of Giving
The Foundation for Linn State Technical College is the
official recipient for all gifts to Linn State Technical College. Checks should
be made out to the Foundation for LSTC, property should be transferred to the
Foundation for LSTC, and property should be sold in the name of the Foundation
for LSTC.
One Technology Drive
Linn, Missouri 65051-9607
800-743-8324 • 573.897.5136
Fax: 573.897.4595 • www.linnstate.edu
If you want to donate to Linn State
Technical College you may do so by filling out our
online form.
Cash
Cash gifts are the most popular and convenient way of
supporting Linn State Technical College along with providing the added benefit
of having an immediate impact on the school and students. Cash donations to Linn
State can be directed as an unrestricted or designated gift.
Pledges
Some choose to make a large gift possible by spreading
payments over a five-year period while possibly extending the donor’s tax
advantage. Most pledges begin with an initial donation, with the balance paid at
specific times.
Real Estate
Donations of tangible property and real estate may be of
great value to Linn State. Consultation with us is recommended to assure the
usefulness of such gifts.
Stocks & Bonds
Stocks, bonds or other forms of securities which have
appreciated in value offer tax advantages which make them highly attractive.
Securities are deductible to the extent of their market value on the date of the
gifting and subject to the usual charitable gift limitations.
Bequests
A gift of cash or property made through a will or living
trust ensures a tradition of giving that will continue after the donor’s
lifetime. The Foundation for Linn State Technical College can be named as a
beneficiary of an estate, as the recipient of a stated dollar sum, or as a
residuary beneficiary.
Life Insurance
Life insurance can provide the opportunity to make a
substantial gift. A policy which is no longer required for its original purpose
may be transferred to The Foundation for Linn State Technical College. New
policies naming the college as beneficiary may be developed as long term planned
giving.
Remainder Trust & Annuities
Charitable Remainder Trusts and annuities are income plans
that allow the donor to make a gift while retaining the income for his or her
lifetime (or a term of years) or for the lifetime of a named beneficiary.
Charitable Lead Trusts
Charitable Lead Trusts are plans that allow the donor to
make a gift of interest earned from assets for a fixed number of years. Later
the principal will go back to the donor or beneficiary. This gift works well if
you do not need current income and want the assets to go to a beneficiary.
Matching Gift Programs
Many corporations have matching gift programs which may
multiply the value of gifts from their employees, officers, retirees and
spouses. Matching gift forms are available from company personnel or human
resource offices.
Gifts In Kind
Very needed non-cash assets such as equipment and
furnishings, or even professional services, can be gifted at fair market value.
In specific instances this form of gift can supplant the need for direct cash
outlay, hence, the term “in kind.” In the case of in kind gifts, appraising the
value of the asset for tax receipting is a donor’s responsibility.
If you want to donate to Linn State
Technical College you may do so by filling out our
online form.
Please note that Linn State Technical
College does not dispense legal or tax advice. The information provided here is
generalized and listed to illustrate various means of making a gift while
accommodating your personal objectives. It is recommended that legal questions
be taken to an attorney and tax questions to an attorney, certified public
accountant or other qualified financial consultant.