Ways to give
There are many ways to give to Cincinnati State. Each way of giving allows you to designate your gift to a College priority that meets your interest, such as scholarships, capital projects, or specific programs.
The federal government recognizes the contribution non-profit organizations make to society and encourages charitable giving by providing significant tax benefits when a gift is made to a qualified institution such as Cincinnati State.
Consider the giving options below and determine which is best for your particular situation and the ways in which you want to invest in the future of Cincinnati State.
A cash gift is the easiest and most popular way to give to Cincinnati State, and can be used as a full deduction by those who itemize on their federal income tax return. A cash gift will have an immediate, positive impact on the people and programs at Cincinnati State, giving the College the flexibility to meet its most pressing needs.
This option is only available to current Cincinnati State faculty and staff. Contact the Office of Development to request a payroll deduction form.
Employer Matching Gift
Double your Donation! Many companies offer matching gift programs to encourage employees to contribute to charitable organizations. Some provide matching funds to support employee volunteer hours as well. Most of these programs match contributions dollar for dollar, and some will even double or triple the amount of your gift.
Find out if your company will match gifts to the Cincinnati State Foundation.
Gifts in Kind
Some donors choose to make a gift of materials or equipment. If you are considering such a gift, please call (513) 569-4222 or email email@example.com.
Gifts of Securities
Donating stock, bonds, or mutual funds that have gone up in value can be one of the most advantageous ways for you to support the Cincinnati State Foundation. Donors receive a federal income tax deduction for the full market value of the securities as long as they have owned them for at least one year, and donors avoid capital gains taxes that would be owed if the securities were sold.
Real Estate Gifts
Deeding property to Cincinnati State avoids the expense of marketing the property for sale, and bypasses all capital gains taxes. At the same time, donors receive an income tax deduction for the fair market value of the real estate, no matter what was originally paid. Cincinnati State may then use the property for its own purposes, or, more likely, will sell it and use the proceeds for program needs.
A gift of life insurance can be an easy and flexible way to make a larger donation than previously considered, at relatively little cost. Whether it is an old policy that has outlived its original purpose or a new policy purchased specifically to benefit Cincinnati State, a gift of life insurance can allow you to leave a much larger gift than may have been possible during your lifetime.
Gifts of tangible personal property may contribute to the mission of Cincinnati State. If the College can use the gift in an educational program, the donation is deductible at the full fair market value. The fair market value is determined by a professional appraisal obtained by the donor.
A unitrust provides a unique way to give to the future and provides substantial tax savings while providing the additional benefit of annual income for the donor. A unitrust can increase current income from appreciated assets, obtain a generous income tax charitable deduction, bypass a hefty capital gains tax, realize a savings on estate taxes, and further Cincinnati State’s educational mission. In turn, the unitrust pays a variable income for life.
A gift annuity is a simple, contractual agreement between a donor and the Cincinnati State Foundation in which a donor transfers assets to the College in return for a promise to pay one or two annuitants payments for life. Donating through a gift annuity allows:
- a contractual agreement for a fixed payment for the donor or the donor and another individual, and
- a contribution to Cincinnati State. Savings from the charitable deduction reduce the net cost of the gift if itemized on a tax return.
A variety of events are held across Cincinnati State’s campuses and throughout the Greater Cincinnati area, which draw large numbers of community members to enjoy a variety of educational community and arts programming that benefit the Cincinnati State Foundation.
Events include the Honors Scholarship Golf Classic, 1 Night 12 Kitchens, the Scholarship Recognition Event, and many others. For more information about events and related sponsorship opportunities, call (513) 569-4222 or email firstname.lastname@example.org.
The Career Closet is a Cincinnati State resource for economically disadvantaged students (women and men) who seek to gain and retain employment and advance their careers. Through the Career Closet women and men receive free clothing for interviews and work appropriate attire, and may take advantage of personal and professional development resources to help empower them to achieve their goals.
There are several ways you can help support the Career Closet:
- Donate new or gently used business attire for men and women
- Cash donations are used to purchase clothing in case the appropriate size is not currently available.
- Volunteers can help check-in and pick up donations, assist students with clothing selection, or coordinate clothing donation drives in your community, at your place of worship, or in your office.
Contact Elliott V. Ruther, Chief of Institutional Advancement & Cincinnati State Foundation Executive Director at (513) 569-1451 or email@example.com