Ways to Give
Explore this section to discover ways to make a gift that also take into consideration your personal circumstances and the needs of your heirs. Whether your interest lies with a specific program, academic department, community activity, or assisting SKCTC's current students, the Advancement Office will design and implement your gift to see that it fulfills your intent. All gifts are tax-deductible.
Donations by cash, money order, or check are accepted at any time. You can identify the designation of your gift with an accompanying letter or on the memo line of the check. Interested donors can make a check payable to:
Southeast Kentucky Community & Technical College
700 College Road
Cumberland, Kentucky 40823
Attn: Advancement Office
A pledge allows a donor to consider a more significant gift than would have otherwise been possible. You may make a contribution with payments spread over a period of time, with periodic reminders sent to you about your commitment.
An endowment is the best way to establish a permanent gift fund that provides valuable interest income to support your area of choice. Endowments may be named for a family member, an area of interest, or as a memorial gift. SKCTC’s endowments average 4.5% in interest earnings.
Memorial and Tribute Gifts
Making a gift in honor of a family member, friend, or mentor is a thoughtful way to remember someone special and create a living legacy.
Employee Giving - Payroll Deduction
SKCTC employees may make one-time or ongoing contributions through payroll deduction. Contributions are tax deductible in the year you make the gift to the college. Please contact the Advancement Office for more information.
If you use a Food City card, you can easily link your ValuCard to SKCTC to automatically support the College at no cost to you. For every dollar spent at Food City using your ValuCard, one point will be earned for SKCTC. The more points earned, the more funding Southeast will receive from Food City!
Simply print out this bar code, then have the cashier scan the code and your ValuCard. The two will then be linked together!
The Advancement Office works with individuals and organizations toward developing planned giving strategies for supporting the College over time. Planned giving options include:
You can make a gift that will create a legacy and have lasting impact on students by naming Southeast Kentucky Community & Technical College or the Southeast Education Foundation, Inc. as the recipient in your will. You can include gifts of cash, securities, personal property, a percentage of the value of the estate, or the residue of your estate (property remaining after all other bequests have been fulfilled).
Charitable Gift Annuities
A charitable gift annuity is an agreement that transfers assets to the College or Foundation in exchange for a lifetime income stream and a tax benefit.
Charitable Remainder Trusts
This plan can increase your income, reduce your taxes, and ultimately provide very important support to students. You can receive a current income tax deduction and avoid future estate taxes, while receiving income, by placing assets in a trust. At the end of the trust agreement, the assets transfer to the College.
A life estate allows you to gift your home and receive sizable tax benefits now, while you continue living in your home for the rest of your life.
Charitable Lead Trusts
Make a donation now while reducing the tax burden for your heirs in the future. You can make your gift for a specified time period, with the remainder of the trust assets distributed to your designees. The Foundation or College receives the annual income amount for the length of the terms of the trust agreement, while trust assets are distributed to your heirs.