Support the Foundation

bothNew River Community and Technical College changes lives. As an open enrollment institution, we make it possible for people who never dreamed they could obtain a college education to discover their true potential. We also help people upgrade their job skills or acquire new skills so they can pursue meaningful careers and support their families.

In the relatively few years since it was created in 2003, New River has grown into one of the largest and most respected community and technical colleges in West Virginia. Increasingly, business and industry are turning to New River to provide the training that will keep their companies competitive in the global marketplace.

New River's success has been achieved despite the obstacles of rapidly rising enrollment with no corresponding increase in our state appropriation. By aggressively pursuing state and federal grants, we have been able to expand program offerings and have greatly enhanced our online and distance learning capabilities to increase access to educational opportunities within our nine-county service area.

Much has been accomplished, but New River has just begun to transform the economic landscape of our region. We have ambitious plans for the future, but they require a substantial investment to address three critical: facilities, technology infrastructure and scholarships. It will require investment from business and industry, foundations and individuals to provide the facilities, services and technology that will make New River Community and Technical College the premiere community and technical college in West Virginia and beyond.

Your support is critical to the vitality of the region. With your investment, we can Create the Future, providing solutions that will lead to a stable, sustainable economy for southeastern West Virginia.

There are several ways to give as you consider various methods to support the College and to benefit from the tax advantages associated with certain types of charitable donations. New River Community and Technical College is a 501 (c) (3) tax-exempt organization. As a donor to the Foundation, you may choose to specify how your donation is to be used, or you may leave it to the Foundation's discretion. For further information please contact Bill Loope, Vice President for Institutional Advancement and Workforce Education at 304-929-5494.

Donor Levels

Ways to Give

Donate Now

Replace this with your content.

About the Foundation

foundation board chairs

The mission of the New River Community and Technical College Foundation is to complement New River Community and Technical College's efforts in providing higher education and enhanced workplace skills, to optimize student access to educational programs and services, and to provide a margin of excellence unavailable with state and federal funds.

The New River Foundation Board of Directors provides oversight for the Foundation, in conjunction with the president of the College and the Vice President of Institutional Advancement who serve as ex-officio members of the Board. The membership of the Board of Directors is comprised of representatives of the four Boards of Advisors representing each campus:  Greenbrier Valley, Mercer County, Nicholas County and Raleigh County.  The members of the Boards of Advisors represent the industry sectors operating in the college's service area and the K-12 education community.  In addition, the Campus Deans serve as ex-officio members for their respective Board.

The Foundation was established in 2007 to address a number of challenges being faced by our institution.  But there is just one, truly simple purpose for our existence: the people of southeastern West Virginia need convenient access to high quality, affordable higher education and the Foundation will ensure that we can provide it. We are an organization devoted to advancing educational opportunities.  New River needs new and upgraded facilities. Our students need financial help to achieve success. We need laboratories for learning. We need the best instructors available. The people of southeastern West Virginia deserve nothing less.

The New River Foundation is seeking funding from a number of sources. We will apply for grants and other government funding sources and we will hold events and other fundraisers. But ultimately, our success depends entirely upon people like you. Regardless of the level of support we have from government, without financial support from our communities we will fail in our mission.

We will use the funds in three distinct ways:

Bricks and mortar - Constructing new facilities and renovating the buildings we currently utilize for instruction.  Our dynamic ten-year facilities master plan details dramatic changes and additions to our current facilities.

Technology upgrades - Providing the latest technological advances to enhance student learning.

Scholarships - To help those students who cannot pay for higher education, yet still strive for a brighter future.  Over $2.2 million dollars have been raised for scholarships, making educational opportunities available for over 200 students.

Ultimately, each penny we raise will be devoted to our mission: to improve lives and enrich our communities. As an independent 501(c) (3) organization, your gift to the foundation is 100 percent tax deductible.

Capitol Campaign Ways to Give

Online Donations

Our online donations site (http://donate.newriver.edu) allows one-time and recurring gifts and completing the donation form only takes a moment.

Cash Gifts

A cash gift, usually by personal or business check to the New River Community and Technical College Foundation may be unrestricted or restricted to a specific purpose of the campaign.

Payroll Deduction

Using payroll deduction is a relatively "painless" way to contribute to the campaign. Payroll deduction also eliminates the need for check writing and reminder notices. Our campaign will continue for a five-year pledge period. Spreading payments out over this five-year pledge period enables contributors to realize optimal tax savings and to make a more significant investment in New River than might be possible with a one-time donation. You may set up a deduction schedule that meets your needs; a pledge card and payroll deduction authorization will be provided to you for this purpose. Please click on the link to setup your payroll deduction:

Payroll Deduction Online Form (test)

Stocks and Bonds

A gift of long-term appreciated securities has two major advantages: (1) it provides the donor with an immediate income tax deduction, and (2) it eliminates capital gains taxes to the extent allowed by tax law. If you have stock losses, generally you should not contribute the stock, but rather sell the stock yourself to realize the loss for tax purposes. You can then contribute the cash and take a charitable donation.

Wills

Your will can include gifts in the form of:

  • Cash, stocks, bonds, real estate, or personal property
  • A specified percentage of your estate
  • The balance of your estate after family members have been taken care of

Real Estate

A donor may give a residence, land, or other real property (that is not subject to a mortgage), to the Foundation as an outright gift or with the individual retaining the right to occupy the property for life. A gift of the remainder interest in a personal residence or farm provides the donor with a current income tax deduction for the present value of the remainder interest and also permits the donor to eliminate capital gains taxes on the appreciation. We prefer that you contact us during the early stages of your planning so we can jointly decide on the best use of the property by the Foundation.

Personal Property

Works of art, books, vehicles, etc., are considered gifts of personal property. Your deduction will depend on the appraised value and how the gift will be used by the Foundation.

Equipment

The Foundation accepts equipment that can be of some use by the College or can be sold quickly. It is best to contact the Office of Institutional Advancement to discuss potential equipment before making such a gift. An appraisal for equipment contributions over $5,000 will be necessary.

Life Insurance

The gift of a life insurance policy to the Foundation will provide the donor with a charitable contribution for the present cash surrender value; contributions made for premiums paid after the transfer are also tax-deductible.

Retirement Savings

Naming the Foundation as a beneficiary of a portion of your retirement funds is another option. Be sure to contact the administrator or person in charge of your IRA, Profit Sharing Account, or other retirement plan to list the Foundation.

Bequest

A provision for the Foundation in a will allows for a substantial contribution without diminishing assets during one's lifetime. Since bequests to the Foundation are deductible from the estate, tax savings may be possible.

Charitable Gift Annuity

When you give the Foundation a gift of money, stocks, bonds or other liquid assets, the Foundation will pay you or a beneficiary a fixed amount on a regular basis until death. A large portion of this income is tax-free, and you also receive a charitable deduction for part of the gift. This is appropriate for gifts of $50,000 and above.

Charitable Lead Trust

Another method of giving to the Foundation for a term of years during the life of an individual is through a Charitable Lead Trust. Income is paid to the Foundation each year during the life of the trust. When the trust terminates, the assets revert to the donor or another beneficiary.

Charitable Remainder Trust

A Charitable Remainder Trust may be used to provide the donor or loved one with a fixed annual income or an income which varies with the value of the trust. A portion of the trust qualifies for an income tax deduction. At the death of the last beneficiary, the assets in the trust are distributed to the Foundation to be used as the donor has designated. This is appropriate for gifts of $50,000 or more.

Matching Gift

Check to see if your spouse's employer matches employee donations to qualified nonprofit organizations like the Foundation. Some even double or triple employee gifts.

Creating the Future

Replace this with your content.

More Articles...

  1. Campaign News

Subcategories

welcome

about

BuildingProjects

April 2015
S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2
 1  2  3  4  5  6 

Taking summer courses? Textbooks will be available through our online Bookstore starting on May 1.