Please use the GIVE button above to designate your gift to a specific area of interest:

1. Scholarships
2. Special Programs
3. New Facilities
4. Faculty Development

Employee donations impact every corner of this college!

Examples of employee impact include supporting students with scholarships, providing emergency aid, childcare, and textbook grants make a college education possible for CGCC students.

Employees can designate their funds to a variety of areas. Set up your monthly giving through Google Forms or PDF.

 

If you have any questions, please contact the Sue Davis, Executive Director for the Foundation at 541-506-6104.

Many companies match household giving. If your company has a matching gift program, simply request a form from your company.

CGCC Foundation is a partner with the Oregon Cultural Trust. By matching your donation to CGCC Foundation with a gift to Oregon Cultural Trust, you may receive an Oregon State tax credit. Please consult your tax adviser: Oregon Cultural Trust

A person or couple can name the Foundation as a beneficiary in their estate documents, regardless of whether they use a will or living trust. This is one of the most meaningful ways a charitable organization can be supported by those who have been touched in some way by the work the College is doing. When you call, we can provide language to give your attorney as you update, or complete, your estate plan.

Stock

If you have publicly traded stock that has appreciated in value, you can avoid capital gains tax when you make a donation of that stock to the Foundation. If you happen to like that particular stock, you can then use your available cash to repurchase the stock at a new, higher cost basis.

Real Estate

While cash, CDs, and marketable securities are thought of most often when making a gift to a charitable organization, real estate is sometimes the best gift of all. Many people reach a stage in life where they simply don’t want the management responsibility that accompanies property ownership.

For those who have rental apartments or commercial buildings, not only can they avoid capital gains tax, but they can avoid depreciation recapture tax as well.

For those people with farms or vacation homes, life-income arrangements such as CRTs or Gift Annuities can be equally rewarding.

As with all transactions of this kind, consult your tax attorney, estate planning professional, or CPA before making your gift.

Creating an Endowment

An endowment provides a percentage of the earned income for scholarships while the principal remains intact.

Learn more about the Foundation’s endowment fund. Contact the Foundation’s office via phone or email.

Gift Annuities 

A gift annuity offers many advantages. First, and foremost, the payout rates for gift annuities are generally quite attractive to people in their 70s, 80s and 90s. The rates typically range from 6-9%. If a person, or couple, is currently experiencing a low return on their CDs, money market accounts, treasury notes, or bond funds, a gift annuity can be a nice alternative. The payout rates are determined by a person’s age, and once established are fixed for life.

Second, the donor receives a generous income tax deduction for the year in which they create a gift annuity. Often the tax deduction is 20-50% of the amount that they placed into the annuity.

And finally, depending upon how the gift annuity is funded, the donor can enjoy a significant portion of the income they receive from a gift annuity on a tax-free basis.

There are many forms of gift annuities. Some offer an immediate payout option, while others allow the donor to fund the agreement and get an income tax deduction now but delay the beginning of payments until some point in the future of their choosing.

Charitable Remainder Trusts (CRT)

Charitable Remainder Trusts (CRT) can be one of the most powerful planning tools available as people do retirement and estate planning.

CRTs afford the donor potentially five favorable tax outcomes by virtue of one financial transaction.

They are: 1) capital gain tax avoidance 2) income tax deduction 3) tax-free compounding 4) income payments taxed favorably, and 5) estate tax elimination (for those people with larger estates).

Finally, life insurance can sometimes be a viable part of a CRT plan.  If the donor(s) want their loved ones to participate in the full value of their estate, then creating a life insurance trust with some of the CRT tax savings and additional cash flow can allow loved ones to “remain whole” as it relates to their inheritance.

 

Many of us consider the impact our life has on the people around us. Many people can look at their family and friends knowing they have had a positive influence. Still they yearn to do something more, something deeper for mankind.