Other Ways to Give

If you're 70.5 years or older, you can make a difference now by giving up to $100,000 with an IRA charitable rollover.

This is ideal for many supporters who need to satisfy their annual required minimum distribution. Consult with your professional advisors to ensure that your transfer qualifies.

Many donors prefer to make gifts of appreciated stocks, bonds, mutual funds, or exchange-traded funds because it can have a large impact on our mission while maximizing potential tax benefits by avoiding paying tax on capital gains.

You can transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to the GRCC Foundation.

The GRCC Foundation sells your securities and uses the proceeds toward the designation you choose.

Submit a stock transfer form to facilitate the gift.

Do you have a donor-advised fund (DAF) that you have invested with another charity? You can request a grant distribution through your DAF sponsor to the GRCC Foundation.

Retirement plan assets support GRCC students and provide tax relief for your loved ones.

Donate a part or all of your unused assets; for example:

• An IRA
• 401(k)
• 403(b)
• Pension
• Other tax-deferred plans

Students will benefit from the full value of your gift because retirement assets are not taxed at time of death. You will benefit from an estate tax charitable deduction for the gift.

To name the GRCC Foundation as a beneficiary, update your beneficiary designation form through your plan administrator. Options for designation include:

• Primary beneficiary: GRCC Foundation will receive a percentage or specific amount.
• Contingency beneficiary: GRCC Foundation will receive the balance of your plan if your primary beneficiary doesn't survive you.

Making a gift of life insurance can be a simple, impactful way to support the college and our students.

You can designate the GRCC Foundation as the full, partial or contingent beneficiary of your life insurance policy, while still retaining ownership. 

To make a gift of life insurance, contact your insurance provider to update your beneficiary designation form.

A charitable bequest is one of the easiest, most flexible ways you can leave a gift to the GRCC Foundation. With your professional advisors, you can add language to your will or trust, specifying that a gift be made to the GRCC Foundation.

Gift options include a:

• Percentage bequest — a percentage of your estate.
• Specific bequest — a dollar amount or specific asset.
• Residuary bequest — from the balance or residue of your estate.

A charitable bequest is one of the easiest, most flexible ways you can leave a gift to the GRCC Foundation. With your professional advisors, you can add language to your will or trust, specifying that a gift be made to the GRCC Foundation.