Endowments . . . are a performing and perpetual resource of cash because the principal gift remains intact, can be increased by additional funding at any time, and insures a return of expendable interest income on the principal contribution for years to come.

Securities . . . gifts of stocks, bonds, and/or mutual funds may result in specific tax savings so donors should always consider whether securities have increased or decreased in value in deciding whether to transfer or sell the securities for charitable giving.

Retirement - Savings - Insurance - Annuity Beneficiary Designations . . . naming the McCook College Foundation, as well as assigning annual dividends or donating a paid-up policy, are ways to gift tax deductible cash funds.

Bequests . . . can be given via will or living trust distribution allowing gifts to the Foundation of cash, stocks, bonds, real estate, or personal property.

Charitable Remainder Unitrust . . . provide a way for donors to receive a lifetime income while making distributions to a designated income beneficiary for life or a term of years.

Charitable Lead Trusts . . . allow donors to establish a trust for a specific length of time, assign interest income to the Foundation, and later reclaim the asset for the donor or the donor’s designated beneficiary.

Charitable Gift Annuities . . . provide financial support to the Foundation while securing the donor’s future financial well-being. Cash, real estate, property, or appreciated securities are given to the Foundation to fund an annuity agreement. The donor receives a tax deduction and regular fixed payments for life—a portion of which is tax-free.

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Below is a summary which reflects the planned charitable gifts that have been provided to McCook Community College via estate bequests, charitable lead trusts, and annuity beneficiary designations:

Decades Prior to 1990	-----------------------$	414,700*
1990 Decade	-----------------------$	692,000*
2000 through 2006	-----------------------$	3,435,000*
	$	4,541,700*

* These figures do not include the funds from the Mary Brady Estate which have been perpetual since the 1980’s, distributed directly to MCC annually, estimated to be well over $2,000,000, and used to construct Walsh-Brady Hall and provide ongoing scholarship support.