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Giving

Giving

There are many ways you can give a gift to Southwestern Community College. Your gifts fund many areas of the College including scholarships, programs and faculty. Please join the long list of community leaders, alumni, parents, Board members, employees and friends of Southwestern Community College and help provide financial support to the College and its students and programs. 

Ways to Give

You can make a cash gift to SCC in the following ways:

  • Deliver your cash gift to the address below or write a check payable to the "SCC Foundation;" send it along with clear instructions for the use of your gift to:


           SCC Foundation
           447 College Drive
           Sylva, NC 28779

 

  • You may make a gift by credit card by visiting this page on our website and then clicking “Support”
  • Call the SCC Foundation at 828.339.4241 if you prefer to give credit card information by phone or if you would like to talk with or arrange a meeting with a member of the Foundation staff.

In addition to helping with current needs, some friends of the college would like to assist with SCC's future needs by remembering the SCC Foundation in their wills and estate planning. Unless otherwise stipulated, bequests are normally added to the Foundation's Endowment funds. This means your gift, whatever the amount, will continue to support SCC's mission always.


Gift Types include:

  • Bequest - A bequest in your will to the SCC Foundation can be a specified amount, or a certain percentage after other specific bequests are fulfilled. Many people find that this is the best way for them to fulfill their desire to support and remember Southwestern Community College.

Have you already provided for SCCF your estate plans? Please let us know by completing this simple form HERE so that we may include you in the 1964 Society and keep you apprised regarding 1964 Society news.

Members of the 1964 Society:

  • Jim Falbo
  • Angie Noland
  • David Noland
  • Pamala Shirley
  • Edward Wilson
  • Hortense Wilson
  • June Johnson
  • Brett Woods
  • Nancy E. Bergenstock
  • Jennifer L. Nation
  • Joyce Anita Cooper

If you have not yet made provisions to include SCCF in your estate plans, we welcome the opportunity to provide additional information concerning your gift or bequest.

For more information regarding the SCCF 1964 Society or ways to leave a legacy, please contact Brett Woods, SCC Foundation Director, at 828.339.4241 or b_woods@southwesterncc.edu.

  • Note: The SCC Foundation respects the right of the donor to remain anonymous if desired. However, the Foundation would like to know of your intentions so that we may ensure that your wishes are carried out precisely by making sure that our files are updated with your information.

 

  • Charitable Trusts - For those with larger estates, a charitable trust can be used during planning of your estate. You can create a Charitable Trust with cash, stock, or other assets, making a significant gift to SCC, while also reducing the tax burden for your estate.

Specimen Will and Bequest Language
Please share the sample bequest language for Southwestern Community College Foundation with your estate planning attorney. Feel free to contact the SCC Foundation Director for further
information.

Outright bequests

I/we [name(s)], of [city, state], give, devise and bequeath to Southwestern Community College Foundation, Sylva, North Carolina, ____________dollars or ____________ percentage of my/our estate [or property, securities, etc. [description of the property], to be used as the SCC Foundation Board may direct.

Amendment (codicil) to Last Will and Testament
I/we, [name(s)], hereby amend my/our Last Will and Testament, executed on the _________day of ______________in the year__________. I/we direct that all provisions of that will remain in effect but direct in addition Southwestern Community College Foundation, Sylva, North Carolina,  shall receive the sum of ______________________dollars or ___________ percentage of my/our estate to be used as the SCC Foundation Board may direct.

Gifts in-kind are donated tangible and intangible assets and property. Some examples include artwork, books, software, equipment, property and artifacts. Gifts in-kind may also be an ongoing service. Gifts in-kind must be reviewed with special care to ensure their usefulness to the college's programs and must be approved by the President. All gifts are subject to approval prior to acceptance. For more information, call the SCC Foundation at 828.339.4241.

Giving shares of appreciated stock, bonds, mutual funds and other securities can be used to make a gift to the SCC Foundation. Securities accepted by The Foundation are generally sold as soon as practical. No agreement shall be made with a donor prior to or subsequent to a gift that such securities will be held for any period of time. When you donate securities, rather than cash, you do not pay any capital gains tax on the appreciation in the securities and you receive a deduction for their full market value on the date of your gift.


Before making a securities gift of any kind, please contact the SCC Foundation Office first. We will provide the necessary information to make sure the transaction is handled to your specifications and you receive proper credit for your gift. Our number is 828.339.4241.

Many companies match charitable contributions made by their current or former employees or board members. This is an excellent means to multiply the amount of a gift. Donors provide the appropriate matching gift form for submission to the matching gift company. Donors receive full credit for both the original and the matching gift.

A gift to Southwestern Community College can be made through the donation of real property--commercial or residential, developed or undeveloped. The College will in turn sell the real property and use it for a purpose you may choose to designate such as a named endowed scholarship or other purpose. If you are considering a gift of property, please call the SCC Foundation at 828.339.4241.

Another possible way to remember the College is by making the SCC Foundation the beneficiary of a retirement account or a paid-up life insurance policy. If you are considering this type of gift, please remember that you will need to change the beneficiary information on the account or policy. The disposition of these kinds of accounts usually depends upon the beneficiary instructions you have designated on the account, not instructions in your will.

An individual may name SCC as a residual beneficiary of an IRA, 401(k), 403(B), TIAA-CREF, KEOGH, VALEC, TSP or other retirement plan accumulation and/or other corporate benefits program.

Please contact your retirement plan administrator, fund custodian, financial advisor or attorney to discuss how to make a change in the Plan beneficiary.

Please contact the SCC Foundation to notify us of your intentions at 828.339.4241.

Employees can make it super easy to make a gift by having their donation automatically deducted from their paycheck. Deductions can be taken for any number of months and can be gifted to a specific fund the employee prefers.


Click here to view/download the Payroll deduction form.

Types of Gifts

Gifts may be made to the College to honor or memorialize a friend, family member or loved one. Such gifts are acknowledged to the donor and to the person being honored or to the person's family if he/she is being memorialized.

Establishing a scholarship is a relatively simple process which begins with a one-on-one meeting with a Foundation staff member who provides personal assistance in guiding donors through the development of their scholarship. Endowed scholarships are permanent, named funds. These funds are invested and a portion of the income generated is used to fund annual scholarship awards. These type of scholarships are endowed through gifts of $15,000 or more which can be done at one time or over a period of three to five years. If you wish to establish an endowment with the Foundation, please call Brett Woods, CFRE, Foundation Director at 828.339.4241 or b_woods@southwesterncc.edu.

View a listing of our Endowed Scholarships here.

What are endowments?
An endowment fund consists of funds set aside for the long-term benefit of the Foundation rather than for current operations. It is a permanent fund that uses its earnings to advance the mission of the Foundation and SCC. The principal amount of each endowment fund always stays intact while all or part of the earnings are used by the Foundation to fund scholarships, projects or programs designated by the donor of the fund. The endowment funds are professionally invested to achieve growth and to create a stream of income.

Why are endowments important?
Endowments can provide the Foundation with long term stability. Since the principal balance of the endowment cannot be used, the income generated from an endowment is an important source of revenue. Endowed funds create a foundation for fiscal growth and stability while generating a reliable portion of income for scholarships, academic programs, and other needs of the college.

What do endowments cover?
Endowments are created for many uses. Through the SCC Foundation, the majority of our endowments are used for scholarships and to provide financial aid to students who need it, especially with the current economy. Other endowments managed by the Foundation include Funds which are used for special projects to support faculty, advance the academic mission of the college and its pursuit of excellence.

Annual non-endowed scholarships are named, temporary funds. They can be established with a typical gift of $1,000 per year. They remain active as long as donors contribute to them, typically on an annual basis. For both endowed and non-endowed funds, the first step in the process of establishing a scholarship is to contact the Foundation.

See a complete list of Scholarship Funds here.

Are gifts that can only be used for specific purposes. Restricted funds provide reassurance to donors that their contributions will be used in a manner they have chosen.

Unrestricted funds are monies given to the SCC Foundation with no restrictions. This allows the Foundation to use the funds where there is the most impact.

Why are unrestricted funds important?
Unrestricted funds are donations that make everything possible. These gifts address a broad range of needs at CCCC, including future requests that often cannot be anticipated at the time a gift is made. The flexibility of the unrestricted gifts enables the Foundation to respond to a student’s and the college's most pressing needs.

What do unrestricted funds cover?
Unrestricted funds may support equipment purchases, student emergencies, curriculum program needs, faculty and staff development, educational conferences, and many other items that are not covered in the state budget.

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