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HACC Foundation

Most Convenient Ways to Give


 

Additional Ways to Give

Most banks offer a bill payment system. You can contribute to the HACC Foundation directly through this system. You pick the contribution amount and provide your bank with the HACC Foundation's information, and your bank will automatically mail a check to the HACC Foundation on a regular basis (including weekly, monthly and annually). This option is quick, convenient and typically free. Please provide the following contact information to your bank: 

HACC Foundation 
PO Box 8915 
Lancaster, PA 17604-9966 
717-780-2321

When you transfer assets to the HACC Foundation to establish a trust, you or your beneficiaries will receive a lifetime income. Eventually, the remaining assets of the trust will pass on to the HACC Foundation. This gift works particularly well for those who need an ongoing revenue stream. Be sure to work closely with your accountant, attorney and the HACC Foundation to complete proper documentation.

Many employers will match the charitable donations of you or your spouse. Please check with your employer to see if the company participates in such a program. If so, we urge you to take advantage of this opportunity.



Using payroll deduction (pdf), HACC employees have the unique opportunity to contribute to scholarship and program funds that directly impact YOUR students and programs at HACC! Your support will continue to provide opportunities for our students to earn a top-quality education using the best available technology and equipment without incurring crushing amounts of debt in the process. Thank you for your dedication and support!

Generous individuals have donated works of art, books, equipment and other gifts of personal property to the College, depending, of course, on whether there is need for such items. If the College chooses to accept an item, then your deduction will be based on that item's appraised value. It is important that you work with one of our fundraisers to determine if your personal property is needed at the College. Please contact us at foundation@hacc.edu for more information.

Charitable gift planning allows you to support issues and causes that matter to you long into the future. By so doing, you may realize substantial tax, estate planning and other financial benefits.

  • Bequests are the simplest of all planned gifts. You can choose to leave specific named assets to the HACC Foundation, a stated amount, or you can determine the residual or a certain percentage of your estate to benefit the College. If you are considering remembering HACC in your will, now is the time to plan with your attorney and a representative of the HACC Foundation. For your convenience, we have sample bequest language (pdf) that you may use.
     
  • Life insurance policies that are no longer needed make good gifts. You simply change the beneficiary and the ownership of a paid-up policy to the HACC Foundation, or purchase a new life insurance policy naming the HACC Foundation as beneficiary and owner.

If you own property that is not subject to a mortgage and that has appreciated in value, you may want to consider a charitable gift in connection with that property. You can claim an income tax deduction based upon the fair market value of the property. We invite you to contact the HACC Foundation at an early stage in your planning to ascertain how the College might best use your property.

Designating the HACC Foundation as a beneficiary of a portion of your retirement funds is a very generous act. If you decide to make such a gift, be sure to list the HACC Foundation with the administrator or person in charge of your IRA, profit sharing account or other retirement plan. There are many ways to contribute to HACC, and we value all of them greatly.

HACC and the HACC Foundation, a 501(c)(3) non-profit organization that raises private funds for HACC, are pleased to offer sponsorship opportunities. Detailed information is available at www.hacc.edu/sponsorships.

Your support is extremely important to us. Sponsorships benefit HACC students, programs and the College's critical needs.

Please consider becoming a sponsor. Your support will change destinies for your neighbors, your friends and perhaps even your family members. By becoming a sponsor, you are sending a clear message that you care about education in our community.

Your contribution to the HACC Foundation is tax deductible (except for goods and services).

Questions? Please contact sponsorships@hacc.edu.

Bestowing a gift of stocks and bonds can offer highly favorable tax advantages for the giver. If you donate stock that has risen in value and that you have held for more than one year, you will be entitled to a charitable deduction for the full fair market value of the stock. Your accountant and attorney can advise you as to when it is optimal to gift your stocks and bonds and what you nee to do to assure proper documentation.

When you give highly appreciated securities to the HACC Foundation, the Foundation receives the full value of those securities and you may receive a tax benefit.

For instructions on how to contribute through stocks and bonds, please complete this form. (pdf)

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Potential Tax and Income Benefits of Giving

Donors to the HACC Foundation may experience tax and income benefits. For example:

  • Charitable deductions could provide an income savings for the value of the gift dependent on the donor's tax rate.
  • Donors may reduce capital gains on securities and/or property gifts.
  • Federal estate tax is eliminated on the value of a gift made via a will or revocable trust.


Please note that this information is tentative and subject to  change and that all circumstances are different. This information is not  intended or written to be used, and cannot be used, for purposes of avoiding  tax penalties that may be imposed on any taxpayer. Please consult your attorney or financial advisor for more  information.

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