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Giving to BPC
There are few ways to help Brewton-Parker College. The first is supporting the College by recommending us to college-ready students in your family, amongst your friends and in your churches.
The second is to support us and our mission with a financial gift. Your donations help us maintain facilities, student services and create new areas of study. We are the only four-year Christian college south of Macon and north of Jacksonville, Fla.
Below are several options available to those seeking the opportunity to bless Brewton-Parker with a donation. We are a 501 (c) 3 organization. All donations are tax deductible.
You can make a telephone gift using your American Express, MasterCard, Visa or Discover by calling us in the Office of College Advancement. We can be reached at (912) 583-3255 or toll free at 1-800-342-1087, ext. 3255, between the hours of 8 a.m. to 5 p.m. Monday through Friday.
Personal or business checks may be written to Brewton-Parker College and mailed to:
P.O. Box 197 CMB 2014
Mount Vernon, GA 30445
Please tell us how you would like to direct your gift in the memo field.
We now accept paypal. Please contact us at email@example.com or give us a call to learn more.
Monthly Bank Drafts
Deductions may be drafted monthly from your checking or savings account. Contact Human Resources at (912) 583-3287 or toll free at 1-800-342-1087, ext. 3287.
Memorials, Tributes and Scholarships
Make a monetary gift in memory of or in honor of an individual. Scholarships and tributes are available, as are naming opportunities.
Your employer may match the gift you make to Brewton-Parker College.
By making a gift of appreciated securities, you can receive an income-tax charitable deduction for the full market value of the appreciated securities if they have been held for at least one year (or for your cost basis if they have been held for less than one year), and you can avoid capital gains tax on the transfer.
An “In Kind” gift is a non-cash gift to Brewton-Parker College. These should be items that will benefit the college. The donor is responsible for assigning the value of the gift and Brewton-Parker College will provide an In Kind Gift receipt. We can always use automobiles, pickup trucks, and maintenance equipment.
Examples of “In-Kind” gifts:
- Automobiles, vans, pick-up trucks
- Tractor, Front-end Loader, Backhoe, etc.
- Office furniture
- Lawn mowers and maintenance equipment
- Books for the campus library
- Sporting equipment
Wills and Bequests
- Reduce or avoid estate taxes
- Assurance your estate will be settled according to your wishes
- Helps future growth of the college
Giving through a will is one of the easiest ways to make a meaningful gift to Brewton-Parker College. No gift is made until death. If your estate is large enough, this can be a way to reduce or possibly eliminate estate taxes. You may even be able to leave more to your heirs by giving to a charity, than by allowing taxes to unnecessarily claim a portion of your estate.
You may include us in your will in one of four ways:
- Specify a dollar amount to be given to Brewton-Parker College.
“I give the sum of (amount) to Brewton-Parker College.”
- Specify a percentage.
“I give (the percentage you desire) of my entire estate to Brewton-Parker College.”
- Specify the property.
“I give all of my (name of stock) stock to Brewton-Parker College.”
- Residue of estate.
“I give the rest, residue, and remainder of my estate to Brewton-Parker College.”
Contact your attorney concerning your desires to include Brewton-Parker College in your estate plans. We would like to know if you plan to include Brewton-Parker College in your will so that we may thank you for your gift.
- Tax-deductible in the year given
- Avoids capital gains tax
- Relieves donor of future property taxes
Many people own real estate that has increased in value since the time it was originally purchased. When the property is sold, the federal government taxes the gain. If the real estate isn’t used as a primary residence, it doesn’t qualify for the one-time exemption from capital gains for people over the age of 55. However, by donating the property to Brewton-Parker College, the donor can avoid capital gains taxes.
If the real estate has increased in value, a gift of real estate can benefit the donor in three ways:
- The donor will receive a tax deduction for the full value of the property, not just the purchase price.
- The donor avoids capital gains tax because the property was given rather than sold.
- The donor is relieved of future property taxes and expenses for maintaining the property.
If the real estate has decreased in value since it was purchased, the donor can sell the property and realize a loss on the sale. The loss may be used to offset future gain and reduce taxes. The cash proceeds can be given to Brewton-Parker College, which will give a tax deduction equal to the gift amount.
Charitable Remainder Trust
If the donor needs the income from the real estate, the gift may be used to fund a charitable remainder trust. Income from the investment of the proceeds from the property sale can provide income to the donor or beneficiary.
- The donor avoids capital gains tax.
- The donor receives a tax deduction for the gift portion as determined by life expectancy and government tables.
Irrevocable Life Estate
If the donor wants to retain the right to live on the property, it can be given to Brewton-Parker College as an irrevocable Life Estate. The property must be a residence, vacation home or a farm, but not rental property.
- The donor receives a tax deduction for the eventual value of the gift.
- The donor retains the rights and responsibilities of the property owner throughout his lifetime.
- Tax-deductible in the year given
Life insurance can be given in several ways:
- Brewton-Parker College can be named as a beneficiary.
- A donor may give a paid up policy or one that has cash value built up, which the college may surrender for cash.
- A donor can purchase a policy for Brewton-Parker College, and if the college is the irrevocable owner and beneficiary, the premiums may be tax deductible.
- A person may donate the insurance policy on a spouse that no longer needs protection, or on a child who is now financially independent.
Consult with your insurance agent to change the ownership and beneficiary, determine cash surrender value, and make sure that adequate coverage remains after making the gift.