
Ways to Give
Thank you so much for considering a gift to Somerset Community College or the SCC
Foundation. Your generosity makes all of this possible.
There are two primary ways to provide financial support for the important work being
done at Somerset Community College: annual giving or planned giving.
ANNUAL GIVING
If you make a cash donation today to Somerset Community College or the SCC Foundation,
that's considered Annual Giving. These one-time cash gifts will be immediately invested
as you designate or for our greatest current needs.
All gifts to Somerset Community College or the SCC Foundation are tax-deductible as
allowable by IRS and state regulations.
Planned Giving
The Institutional Advancement Office also works with individuals and organizations toward developing planned giving strategies for supporting the College in the long term. Planned giving options include:
- Bequeathing money, art, land, collectibles, or stock in your estate plans to Somerset Community College or the SCC Foundation.
- Identifying the College or the SCC Foundation as a benefactor of your life insurance policy or retirement savings.
- Establishing a trust in the name of the College or SCC Foundation.
- Donating your life insurance to the College or SCC Foundation.
- Funding the creation of an endowment or scholarship in your name or in the name of a loved one.
The advantage of planned giving is that your gift can grow tax-free over time. These tax-deferrable giving plans are a great way to leave a lasting legacy for Somerset Community College and are vital for meeting our long-term institutional goals.
Not intended as legal advice. Please consult your professional advisors.