Ways to Contribute
No matter the level of your contribution, there are numerous ways for you to support the students and staff at HCC. Here are several options to consider.
An annual gift is a donation to the College, of any amount, made within a fiscal year. The value created by your annual gift is immediate. Your gift directly benefits students and the programs that support them.
Corporate matching gifts are a great way to increase the size of your gift. Thousands of companies offer to match their employees’ charitable contributions. This way, it’s possible to double, sometimes even triple, the value of your gift. If you would like to support Hagerstown Community College with a matching gift, please ask if your employer matches charitable donations.
An endowment gift is a wonderful way to make a difference for students both today and for generations to come. Gifts that establish permanent, endowed funds to support student financial aid, academic programs, or new curricular and extracurricular programming are crucial to the college’s immediate success and long-term growth. The value of an endowment gift is the income it will produce, and when wisely invested, it grows more substantial with time, making a difference in the lives of Hagerstown Community College students. Gifts of $25,000 or more offer various naming opportunities for specific programs and scholarships. Let us help you explore the options of creating an endowment at Hagerstown Community College.
Hagerstown Community College provides a number of opportunities to donate by supporting special event sponsorships including the Annual Tribute dinner where an individual(s) or business are recognized for their ongoing support of the College. Endowment fund(s) are established in their name. The Hagerstown Community College’s Alumni Association sponsors the Flower and Garden Show and the Annual Golf Tournament which raises funds for scholarships.
Gift & Estate Planning
Leave your legacy at Hagerstown Community College with your planned gift. As you make plans for loved ones, remember HCC in your will and trusts. You can support future generations of students and higher education by creating a legacy at Hagerstown Community College. There are many ways to plan a gift to Hagerstown Community, most commonly adding HCC to your will. Through language crafted by you and your estate attorney, HCC will benefit when, how, and in whatever amount, you choose. Contact HCC’s Foundation Office to complete the form to name HCC as your beneficiary.
Gifts of Life Insurance
A life insurance policy can be a powerful and simple way to support HCC students. Naming Hagerstown Community College Foundation as the beneficiary of an existing or new life insurance policy is an effective and convenient way to receive tax benefits now while making a substantial gift later. Gifts are credited based on the face value of the policy. Contact HCC’s Foundation Office to complete the form to name HCC as your beneficiary.
Charitable Gift Annuities
Life income gifts such as Charitable Gift Annuities, and Charitable Trusts allow donors to retain an income interest in their gifts while supporting Hagerstown Community College at a level greater than might otherwise be possible. Benefits usually include increased annual income, income- and estate tax deductions, and avoidance of capital gain.
Gifts of Property
Donating gifts of real estate or tangible personal property to the HCC Foundation, on behalf of Hagerstown Community College, can benefit you while also supporting our work. Land, buildings, and homes may be donated with tax benefits. Gifts of tangible personal property, such as artwork, antiques, or other physical property are also welcome contributions.
Gifts of Stock
Gifts can be made in any increment and a minimum contribution of $25,000 will create a named account. Securities may be given at their present market value as an outright gift to the Hagerstown Community College Foundation. Gifts of appreciated securities offer tax advantages, as they provide an income tax deduction based on the stock's fair market value. Contact HCC’s Foundation Office to learn more about this option to give.
In Honor and In Memory
Making a gift in honor or in memory of a loved one is an ideal way to pay tribute to their life and also support HCC’s work to provide opportunity to students. You can pay tribute to your loved one as part of any gift you make to HCC Foundation. If you are making your donation online, include details in the "tribute information" field. Another option is to create a scholarship fund in honor or in memory of your loved one.
You can shop on Amazon and support the Hagerstown Community College Foundation. When you shop online with AmazonSmile, you are helping raise funds for students at no cost to you.Amazon donates 0.5% of the price of eligible AmazonSmile purchases to Hagerstown Community College Foundation whenever you shop on AmazonSmile.
- To participate, visit www.smile.amazon.com and sign in, using your regular Amazon login credentials.
- A page will appear with Select a Charitable Organization to Start Shopping at the top. Under or pick your own charitable organization, enter Hagerstown Community College Foundation and click Search.
- Click Select next to our organization name. Check the box Yes, I understand that I must always start at smile.amazon.com to support the Hagerstown Community College Foundation. Click Start shopping.
Donations of tangible items, such as books, computers, software, equipment, etc., as approved, may be of benefit to the College. The amount of your deduction will depend on a written appraised value, which you obtain.
Qualified Charitable Distribution
The Qualified Charitable Distribution is another way to show your support to the Hagerstown Community College Foundation and receive tax benefits in return. As you plan your required minimum distributions (RMD) for this year, consider using your IRA account to make the most of your charitable giving. You receive a tax benefit even if you take the standard deduction.