Ways To Assist Lord Fairfax Community College

An investment in the LFCC Educational Foundation Inc. is an investment in the community. There are numerous ways to give, and each is important to the growth and development of the College and our students.

Cash, Check or Credit Card Gifts

You may contribute with cash, checks or credit cards by completing a contribution form.

Monthly Giving

You can pledge to contribute to the Foundation on a monthly basis. Please visit the Contributions Forms page and download the monthly contributions authorization agreement form.

Online Giving: It couldn’t be easier or more secure!

To contribute online, please visit the online donation form.

Corporate and Matching Gifts

Your company may match personal contributions made to the Foundation. For more information, please visit the Matching Gifts Web page.

Gifts-in-Kind

You may support the Foundation through gifts of goods and services (equipment, for example). Please visit the Contributions Forms page and download the non-monetary contributions and gift form.

Stock

You may deduct the full market value of an appreciated stock that is given to the Foundation. Please visit the Contributions Forms page and download the stock contribution instructions and form. For more information about the benefits of contributing appreciated stock to the Foundation, please visit the Appreciated Stock page.

Bequest

You may name the Foundation in your will. Your will can include gifts in the form of property (cash, securities and personal property); a percentage of your estate; or the residue of your estate (property remaining after other bequests have been fulfilled). Here is sample language for a bequest to the Foundation:

I give and bequeath to the Lord Fairfax Community College Educational Foundation Inc. the sum of ______ dollars ($__) (or percentage of estate) for the use and benefit of Lord Fairfax Community College, in the manner and for the purposes determined by the discretion of the LFCC Educational Foundation Board.

or

I give and bequeath to the Lord Fairfax Community College Educational Foundation Inc. the sum of ______ dollars ($__) (or percentage of estate) for the use and benefit of the _________________________ Fund (name of scholarship or other fund) at Lord Fairfax Community College. This scholarship will be awarded annually to full- and/or part-time LFCC students. The scholarship award may be applied toward tuition, fees and books and will be divided equally between the fall and spring semesters. Satisfactory academic progress (minimum grade point average of _________________) must be maintained in order for the recipient to receive the award for the spring semester.

Please show this language to your attorney, who can adapt it to best suit your needs.

Retirement Savings

The Pension Protection Act of 2006 offers senior taxpayers an opportunity to make charitable donations directly from their investment retirement accounts (IRA) and have the donations count toward satisfying IRA mandatory withdrawal amounts. This temporary provision creates an opportunity for you to support the College. Your charitable IRA distributions will be tax-free. You are allowed to donate up to $100,000 per calendar year from your IRA through Dec. 31, 2007. To be eligible, you must be at least age 70½ on the date of distribution. The distribution must be made to a “qualified charity,” and the source can be either a Roth IRA or a traditional IRA. The Retirement Savings Plan, a 403(b)(9) plan, is not a Roth IRA or a traditional IRA, so it cannot be used as a direct source of charitable donations under the Pension Protection Act. If you plan to take advantage of the limited-time charitable giving provision of the Pension Protection Act, please consider designating the LFCC Educational Foundation Inc. as the recipient of your gift. The Foundation meets the criteria of a “qualified charity” under the law.

Please click here for a PDF file with more information, per the IRS Web site. If you and your family and friends wish to make this type of gift, please contact your financial advisor.

Sponsorships

The Foundation’s sponsorship program provides organizations with the opportunity to sponsor the College. For more information, please visit the sponsorhips Web page.

Planned Giving

For more information about contributing a planned gift to the Foundation, please visit the Web page on planned giving.

Please Let Us Know

When you inform the College that you have included a donation in your long-term planning, you lead by example, encouraging others to do likewise. If you have included the College in your planning, please contact Linnie Carter:

Ms. Linnie S. Carter, APR
Vice President of College Advancement, Lord Fairfax Community College
Executive Director, Lord Fairfax Community College Educational Foundation Inc.
173 Skirmisher Lane
Middletown, VA 22645-1745
Telephone Number: 540-868-4077
Fax Number: 540-868-4081
E-mail Linnie Carter