Types of Gifts
Cash Gifts & Pledges
Cash, in the form of personal or corporate checks, is the most popular type of charitable gift Midland College receives. Cash contributions are tax deductible as allowed by law. Checks should be made payable to the Midland College Foundation and mailed directly. Be sure to indicate the purpose of your gift on the check or in a cover letter.
Stocks & Bonds
If you have held securities (stocks or bonds) long term, you can give them to the Midland College Foundation and receive a charitable deduction equal to the full, fair market value of the securities. The best method of transferring these assets depends on how they are held by you. Please contact the Midland College Foundation to discuss the best method of transferring assets. Avoid selling the assets and then making a gift of the proceeds, because this may trigger a capital gains liability for you.
IRA Charitable Rollover
Individuals who are age 70½ and older can transfer up to $100,000 in 2009 from an Individual Retirement Account (IRA) to the Midland College Foundation—without incurring federal income taxes today or state and income taxes in the future. The IRA gift amount is treated the same as a cash distribution for purposes of satisfying required minimum distribution (RMD). Each spouse can transfer up to $100,000. Consult your financial advisor for details.
Real Estate
You can give real estate as a current gift or a planned gift (retained life estate, bequest). You will need to have your gift appraised by an independent appraiser to determine the value of your deduction. The Midland College Foundation evaluates all potential gifts of real estate for marketability and potential environmental concerns. We ask you to supply detailed information on the property before accepting the gift.
Memorial & Honorary Gifts - Remember Others Through Your Gifts
A gift, in memory or in honor of a relative, friend, teacher, or student, is a generous and thoughtful way to recognize a person’s life and accomplishments. When you make a memorial or honorary gift to the Midland College Foundation, we notify the honoree or next of kin, and the gift is used as you specify. Send your gift with a note specifying the honoree’s name, as well as the address of the honoree or next of kin.
The Court of Honor at Midland College
Your name or the name of a loved one can be a part of Midland College forever. Inscribe your name and/or message permanently in the Court of Honor. Bricks with the names of friends of Midland College pave the area surrounding the Marian Blakemore Memorial Fountain in Beal Plaza. In the Court of Honor, personalized bricks and benches are permanently placed to honor those who have been so important to you. Your contribution is an investment in the College's Chaparral Circle Endowment Fund, where it will remain in perpetuity as a tribute from you to the future of Midland College. 
