Types of Gifts
The Foundation offers a variety of ways to give intended to provide you with greater flexibility to make your gift in the manner that best meets your needs. However you choose to give, 100% of your investment benefits students, faculty and staff at Wake Technical Community College!
Cash, often in the form of a check or credit card, is the simplest way to give. Gifts of cash enable donors to claim a current tax deduction for the year they give the gift. Click HERE to give online with your credit card.
Wake Tech also accepts single and multi-payment pledges. They are a convenient way to achieve your personal goals for support of projects and programs over a period of time. You may designate your gift to a specific program or leave it unrestricted so we may use it where the need is greatest. Pledges are not deductible until paid.
Investments & Appreciated Securities
Wake Tech Foundation welcomes gifts of stocks and bonds. Our policies state that such gifts must be sold as soon as possible after we receive them. Donations of appreciated stocks or bonds can benefit donors (individuals and corporations), as they may deduct the full market value of appreciated stocks without paying capital gains taxes on the appreciated value.
Planned gifts, such as bequests, offer a way to make a legacy git to the college without affecting cash flow during your lifetime. Bequests may be in the form of cash, real estate or property. Additional planned giving option, such as charitable remainder trusts, retirement plans and life insurance policies may offer significant savings for you and your family by minimizing estate and income taxes.
Many companies match the charitable contributions their employees make – increasing the value of each gift! Check with your company’s HR department to find out if they offer a matching gifts program OR check our Match Finder.
Gifts of real estate can be an excellent way to make a large gift to the college while enjoying significant tax benefits. Gifts of real estate are typically made as outright gifts or part gift/part sale (also known as a bargain sale) but can also be made as the resource for a charitable remainder trust or retained life estates. Wake Tech Foundation accepts donations of these properties, among others: residence, vacation home, farm, commercial building, undeveloped land.
A facility named in your honor – or in honor or memory of a friend, relative, teacher, or other special person –can serve as a lasting tribute. For corporations, naming rights provide a way to show commitment to the college and reach those who use college facilities and services. Wake Tech Foundation offers a variety of naming opportunities, from classrooms, laboratories, and auditoriums to buildings, learning centers, and entire campuses.