Ways to Give to the Sharar Foundation

 Make Donation to the Paul B. Sharar Foundation
 

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Gift Giving Form

For more
information contact:

Ann Eisenman
Executive Director

Paul B. Sharar
Foundation

563-244-7040

The Paul B. Sharar Foundation is a
non-profit 501©3 organization.
Gifts are tax-deductible and
non-refundable contributions.
Donors receive no goods
or services in return for gifts to
the foundation.

The Paul B. Sharar Foundation provides an opportunity for you to play an important role in helping to shape the future of education in our area.

Clinton Community College is not fully tax supported. It is tax assisted, and therefore needs your support. Only 43 percent of its operating funds are provided by state revenues. The balance comes from student tuition, local and federal funding - and private dollars. It is this support from private sources that spells the difference between adequacy and excellence at Clinton Community College.

The real issue is not whether a college is public or private. It's whether the college mission, programs and the people who administer them are worthy of your support. There are a variety of ways you can make a significant contribution to the Foundation through a current gift or deferred giving program that becomes available in later years.

Listed here are some of the ways you can give. We would enjoy discussing these opportunities with you. You will find us respectful of your wishes in applying your contribution to the enhancement of education at Clinton Community College. 

Make an outright gift of cash, securities, real or personal property.


These gifts, as with any, can be restricted for the purpose or area that you specify, or by placing no restrictions on your gift the Foundation board will direct it to the area of greatest need. 

Spread your gifts over a number of years by signing a pledge card.


This enables the Foundation to plan on your gift and allows you to take full credit on our records of the entire amount with the first year's gift. 

Arrange for a planned gift through:

 

  • Bequest in a will - This will ensure that your money will continue to benefit others even after your death.

  • Insurance - By designating the Foundation for Clinton Community College as beneficiary, you can make small payments over a period of time toward a large sum that will later benefit education.

  • Trusts - There are many different types of trusts. By consulting a professional you will be able to take full advantage of any tax incentives as well as benefiting the college.

  • Charitable Gift Annuity - The Charitable Gift Annuity offers donors the opportunity to make a contribution to the Foundation while receiving tax benefits and a lifetime income based on rates determined by the American Council on Gift Annuities.

    Parameters for the program are gifts of $10,000 - $50,000, with quarterly, semi-annual, or annual payments. Minimum age for donors is 65. I would be happy to answer any questions you may have about this new planned giving tool. The Foundation continues to work with donors making bequests and cash gifts as well. Charitable Remainder Trust (CRT) is a contract between the Donor and the bank. The Donor receives lifetime income on the market value of the trust.

 

Sample Bequest Language

The following are suggested forms for bequests that may be used by testator or lawyer when writing a bequest to the Paul B. Sharar Foundation for Clinton Community College.

Unrestricted Bequests

I give and bequeath unto the Paul B. Sharar Foundation for Clinton Community College

  1. the sum of ______________________ dollars.
  2.  ________ percent (_____%) of my residuary estate.
  3. all of my residuary estate.

As an unrestricted gift, the principal and any income of which is to be used at the discretion of the Paul B. Sharar Foundation Board of Directors which sum shall be added to the general unrestricted permanent endowment funds of the Paul B. Sharar Foundation so that the income derived there from may be used at the discretion of the Paul B. Sharar Foundation Board.

Bequests for a Designated Purpose

I give and bequeath unto the Paul B. Sharar Foundation for Clinton Community College

  1. the sum of ______________________ dollars.
  2. ________ percent (_____%) of my residuary estate.
  3. all of my residuary estate.

As a designated gift,

  1. the principal and any income of which is to be used at the discretion of the Paul B. Sharar Foundation Board of Directors for ___________________  or in the event that such use shall, in the judgment of the Board become impractical, for such purpose as the Board in its discretion shall determine.
  2. which sum shall be added to the permanent endowment funds of the Paul B. Sharar Foundation so that the income derived there from may be used for _________________ or in the event that such use shall in the judgment of the Paul B. Sharar Foundation Board become impractical, then for such purpose as the Board in its discretion shall determine.

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