Ways to Give
Gifts of Cash/Check
Gifts of cash are a simple way to give and are tax-deductible as well. You can deduct a cash gift for income tax purposes only in the year in which you contribute it. A pledge is not deductible until it is paid.
If your gift is in the form of a check, please make it payable to "CCS Foundation" and indicate which fund you would like your gift applied to in the "memo" section of the check, or complete and print an on-line Foundation Pledge Form. Undesignated gifts will be used for areas of greatest need through the foundation’s Area of Greatest Need Endowment.
Gifts by Credit Card
CCS Foundation accepts gifts made by MasterCard, VISA and Discover credit cards. Donations by credit card may be set up for monthly contributions, similar to payroll deductions. If you’d like to make a secure, one-time or recurring donation online using your credit card, click here.
If you would like to donate by phone, please contact the foundation office at 434-5123 with the following information: name as it appears on your credit card, the credit card number and the expiration date. Transaction fees will be charged against the fund which you contribute to.
Gifts of Securities
Marketable stocks or bonds are other forms of assets that may be contributed to CCS Foundation. For instance, when you sell an appreciated stock, you pay tax on the gain. If you gift the stock to CCS Foundation, the full market value of the stock will benefit CCS Foundation. When the foundation sells the stock, we do not pay tax on the gain. The full market value of the stock on the day it is contributed is considered a charitable gift for tax purposes.
Gifts of Real Estate
A gift of real estate may provide a significant tax benefit to a donor. Typically, CCS Foundation will sell the gift without having to pay tax on any appreciation. The proceeds from the sale are used for the purposes established by the donor.
Non-Cash Gifts/Gifts In-Kind
The foundation accepts non-cash gifts if they are deemed to be of use to a specific CCS department or program. Each year the foundation accepts scores of non-cash items that directly benefit CCS students and programs. To make a non-cash gift, please complete the first page of the form Report of Non-Cash Gifts. The donor assigns a value to the gift being made. It is the donor's responsibility to verify the value of the gift to the IRS. Any one item with a value of $1,000 or more must be identified separately on the form. Any one item with a value of $5,000 or more must be accompanied by a third-party appraisal. Any gifts of computer related equipment must be approved by the Information Systems department before the gift is made. A CCS staff member accepts the gift, completes the "College Section" of the form, and sends it to CCS Foundation at MS 1005. The foundation staff completes the processing of the gift and sends the donor a thank you letter that serves as a tax-deductible receipt. If you have any questions concerning a non-cash gift, please contact the Foundation office at (509) 434-5123 or firstname.lastname@example.org.
Cars for Charties
A fund can be established in the memory of someone who has passed away. This fund can continue to receive contributions over the years as a lasting benefit to Community Colleges of Spokane students and programs. A minimum of $500 is required to establish a fund. Family members are notified when gifts are made in memory of their loved one.
CCS employees are eligible and encouraged to donate to the foundation through payroll deduction. By completing a payroll deduction form, employees can designate a fund and specify the amount to be withdrawn each pay period. Donations can be made over a set period of time or on an ongoing basis.
CCS Foundation offers multiple ways for donors to leave a legacy through a planned or deferred gift. To learn more about these options, visit our gift planning website.
2013-14 Annual Report
2013-14 Audited Financials
Foundation Vision / Mission