Ways to Give
Every donation makes a difference. The Los Medanos College Foundation invites you
to donate in a way that means something to you. Together, donors and the LMC Foundation
build futures and changes students' lives by raising and allocating critical financial
support for educational and career technical training programs, teaching facilities,
and student scholarships.
Make a Donation
There are many ways to donate to the LMC Foundation:
Donate where it's needed most: Donate to the "greatest need" fund to allow your donation to have the greatest impact.- One Time: A one time donation that makes a difference.
- Recurring: A recurring monthly donation to provide ongoing support.
- Create a Scholarship: Whether a Recurring or Endowed Scholarship, your generosity helps pay for a student’s
tuition so they can complete their education at LMC. Please contact us if you’d like
more information or choose a scholarship to support from our list.
- Stocks or Bonds: Make a gift to LMCF through securities such as stocks, bonds, and mutual funds. Please
contact us for more information.
- Workplace Giving: Your employer may offer you a way to support LMCF through payroll deduction contributions
and matching gifts. This is also great way to double the impact of your gift.
Your contribution, no matter the size, can help fund scholarships, student technology
and learning materials.
Contribute securely online
All contributions are tax deductible as allowed by law. LMC Foundation's Tax ID Number is 94-3295149. For more information, please contact
Tara Sanders, LMC Foundation Director, at tsanders@losmedanos.edu or 925-473-7315. A one-time 4% sustainability fee will be assessed on all restricted donations over
$100 and 2% annually on funds to help provide ongoing support so that the LMC Foundation
can support more students.
Open the links below to learn more:
- Cash Donation
A gift of cash can be in the form of personal check, credit card, cash, or cashier’s
check. For your convenience, donations may be sent through PayPal via the “Donate”
button on this page. You may also send your donation to the Los Medanos College Foundation,
2700 E. Leland Road, Pittsburg, CA 94565. In addition, many employers will match your
charitable gift to your nonprofit of choice through their charitable gift program.
Remember to ask your employer if there is a “matching charitable gift” program.
- Employee Contributions (Los Medanos College employees only)
The LMC Foundation Payroll Deduction Form can be found on InSite in the HR-Payroll
tile and is for faculty and staff – full time and part time – who would like to set
up automatic, payroll, tax deductible donations to support the LMC Foundation. You
can designate where your funds will be used such as an LMC Foundation Scholarship,
Program Account or Wherever the Need is Greatest and the dollar amount ($1.00 minimum)
to be deducted from each paycheck. You can set up contributions of any amount to a
single or multiple scholarship or program accounts.
- Life Insurance
Donors can name the Los Medanos College Foundation as beneficiary of a life insurance
policy or donate a policy currently owned, to the foundation. After the donor donates
the policy to the foundation, the donor’s future payments on the policy will be tax
deductible. Please consult your tax advisor for further information.
- Appreciated Stocks
Significant tax savings may be available to you by giving appreciated stock. You
avoid capital gains tax on the increase in value of the stock, and you can receive
a charitable tax deduction for the full fair market value of the stock at the time
the donation is made. Please consult your tax advisor for further information.
- Wills & Bequests
Remembering Los Medanos College in your will removes assets from the donor’s estate
and reduces its exposure to federal taxes. Bequests can include: cash, securities
or other personal property; a percentage of your estate; or the residue of your estate
such as property remaining after other bequests have been fulfilled. A simple codicil
is all that is needed. Please consult your tax advisor/estate planner for further
information.
Suggested language to update your will: “I hereby give to Los Medanos College Foundation,
a California non-profit corporation, with its principal place of business in Pittsburg,
California, the sum of $ ; or the following described property…; or % of the remainder
of my estate.”
- Charitable Remainder Trusts
Some donors elect to establish a trust to provide for the future of a loved one,
in addition to Los Medanos College. With this arrangement, you can provide for one
or more individuals to receive an asset during their lifetime, then, at their death,
the principal goes to the LMC Foundation. Assets of cash, securities or real estate
are transferred to a trust and removed from one’s taxable estate. Please consult your
estate planner for further information.
- Bank Account in Trust
A bank account may also be opened in trust for the Los Medanos College Foundation.
You may add or subtract from the account at any time and all interest earned is yours.
In the event of death, the account would be automatically given to the LMC Foundation.
Please consult your estate planner for further information.
- Real Estate
The Los Medanos College Foundation will consider donations of real estate such as
your personal residence, farm, vacation home, commercial property, or undeveloped
land. A charitable tax deduction may be realized, for example, by deeding your real
estate to the LMC Foundation, while retaining the right to live in the home or retain
its use during your lifetime. Please contact the foundation office for further information
at 925-473-7315.
- Gifts-in-Kind
Donations of materials or other usable or marketable, tangible items, may be accepted
upon recommendation of specific departments, College President, and the Los Medanos
College Foundation Board of Directors. Gifts, such as artwork, valued at $500 or more
must include a valid appraisal. Please contact the Foundation Office for further information
at 925-473-7315.
- Other Options
If you have any questions about any of the above described plans or you have a special
situation you wish to discuss, please contact the Foundation Office at 925-473-7315.
We welcome the opportunity to discuss charitable donations with you and/or your advisors.
