Planned Giving

Naming the Gulf Coast Community College Foundation, Inc., as a beneficiary in a will, insurance policy, or trust allows you to influence and touch the future by enriching the lives of generations of students.

A planned gift is a contribution that is intentionally designed to give the maximum benefits to you, your family, and the organization you choose to benefit.  It can be given in many forms.
 

The simplest method is to remember the Gulf Coast Community College Foundation, Inc., in your will. With a bequest of $1,000 or more, you (or a loved one) will be listed on our honor roll of "Memorial Members."  A bequest of $15,000 can endow a named scholarship in perpetuity.  Gifts of greater amounts can receive other naming recognitions on the GCCC campus appropriate to the level of the contribution.

Making a planned gift doesn't have to be complicated. Wills can be amended through a simple codicil without the need to rewrite the original agreement. A memorandum of understanding can be arranged with the GCCC Foundation outlining the conditions and eventual use of the deferred gift when it is received.
 

A gift of a life insurance policy owned by the Foundation can result in a donation of many times the cost of the policy and savings in federal income taxes.
 

Gifts of appreciated securities, mutual funds, property, and/or collections provide donors the opportunity to receive an income tax deduction while minimizing the capital gains tax that would be owed otherwise.
 

Representatives of the GCCC Foundation would welcome the opportunity to talk with you and your attorney or financial advisor about these issues. While we cannot provide legal advice or estate planning, we can outline options and offer general suggestions. We would also be pleased to refer you to professionals who specialize in these areas.

Please call Margie Mazur at(850)872-3812 or email mmazur@gulfcoast.edu.