JCC Foundation Giving
Celebrating 50 Years of Funding Futures!
The 50th anniversary of Johnston Community College marks a tremendous milestone. As we celebrate our achievements over the years, we must continue to blaze the trail for the future of JCC. In an effort to commemorate our College and support the needs of our current and future students, we invite you to make a gift to the Annual Fund – Investing in Bright Futures. Gifts made by December 31, 2019 will receive tax credit for the calendar year.
The Annual Fund - Investing in Bright Futures Campaign
Annual gifts touch every corner of the campus and impact the entire student population – both today and in the future. These gifts may be made once a year or as part of monthly or bimonthly pledges and may be unrestricted or directed at identified programs and priorities.
Ways to give to the Annual Fund:
Give Online - PayPal available!
Give by Mail
Please send your gift to the JCC Foundation at the address below:
PO Box 2350
Smithfield, NC 27577
The Johnston Community College Foundation has established annual giving clubs levels to provide opportunities for recognition and acknowledgement of philanthropy at differentiated levels.
Annual accumulated giving is based on the fiscal year of July 1 through June 30. Donors who are thereby members of these giving levels are listed and distinguished in the program brochure distributed at the fall Donor Appreciation Special Event held in September of each year.
President's Circle ($100,000 plus)
Platinum ($50,000 - $99,999)
Gold ($25,000 - $49,999)
Silver ($10,000 - $24,999)
Partner ($5,000 - $9,999)
Associate ($1,000 -$4,999)
Affiliate ($500 - $999)
Patron ($250 - $499)
Contributor ($100 - $249)
Supporter ($1 - $99)
Corporate and Charitable Foundation Giving
Through corporate giving, foundation grants, in-kind property donations, marketing activities, and corporate sponsorships, the business community plays an important role in helping the College Foundation support and advance Johnston Community College and its mission.
Many opportunities exist for corporations and charitable foundations of all sizes to support existing College programs and operations, and these gifts can be designated for certain programs or initiatives or assigned as unrestricted giving.
Property Giving. The College Foundation welcomes gifts of corporate property and assets to be used as consumable property or as in-kind gifts. In addition, the Foundation can accept contributions as a result of selling excess equipment, collections, or other tangible assets.
Matching Gifts. Many employers have matching gift programs, which enable an employee's contribution to be "matched" by that company. In some cases, the donor may also be an employee's spouse or retired employees, and the gift will still be matched.
Corporate Employee Appeals. We welcome the opportunity to be a part of your business's giving campaign. The Foundation is happy to come and speak to your group about the various ways to support and get involved with JCC.
Establishment of a permanent endowment with the College Foundation is a unique privilege of honor to provide perpetual funding for a valued purpose. The endowment funds are invested by the College Foundation to provide continuing income for the stated purpose determined by the donor.
There are two types of endowments offered by the College Foundation:
General Purpose Funds. The College Foundation has established General Purpose Funds that assure there is
stability in the provision of financial assistance for students. Without this assistance,
these students would not be able to pursue a college education.
There are three types of General Purpose Funds:
General Endowment Fund. This is an overall and permanent endowment fund that provides funds annually to support financial priorities of the College as determined by the Foundation Board of Directors. The Board of Directors identifies the percent of the fund and interest that is to be allocated toward the priority needs. Gifts directed to an endowment, but not allocated to a specific named endowment fund, are applied to this fund.
General Scholarship Asset Fund. This designated fund is set aside for gifts that are to be directed at student scholarships but not to a particular named endowment scholarship fund or a named annual scholarship fund. The funds are awarded as scholarships for one or more semesters as determined by the Foundation Board of Directors.
Unrestricted Fund. Donors who do not direct or restrict their gift will have their gift allocated to this fund. Monies within the Unrestricted Fund are applied to supplement scholarships or other fund allocations where necessary, to the annual Foundation budget, and generally provide the financial cornerstone for Foundation operations and priorities. The allocations are according to the approved budget and/or Foundation decisions or other directives of the Foundation Board of Directors.
Named Endowment Funds. We would be pleased to work with you if you have interest in creating a new Named Endowment Fund. Options include:
Scholarship Fund. The College Foundation manages more than 75 Named Endowment Scholarships which are fully endowed and funded at or exceeding the $10,000 threshold. Donors are able to establish specific criteria for award of the scholarship within the policy guidelines adopted by the Foundation.
Special Purpose Fund. A Named Endowment Fund can also be established to provide perpetual funding for gift priorities other than student scholarships. Opportunities include but are not limited to the support of community/performing arts at the College, high technology equipment, Howell Woods, the Arboretum, student leadership, faculty professional development, or learning resources.
Established Endowment Commitment Funds. These commitment funds are a subset of the Named Endowment Funds that have not met the $10,000 minimum threshold, for which a commitment has been made to reach the funding level. A Fund Agreement is created to document the donor(s) gifts and identify the purpose and other parameters for the gift. The interest earnings from these funds are not applied to the corpus (or principal), and the fund remains in holding until the $10,000 threshold is attained.
Named Annual Scholarship
The College Foundation would be pleased to set up a naming opportunity for you to award an annual scholarship to one or more deserving students. To establish a Named Annual Scholarship, a commitment of $500 per year for at least four years is needed to enable the scholarship to be appropriately named and acknowledged. As with a Named Endowment Scholarship, donors are able to establish specific criteria for award of the scholarship within the policy guidelines adopted by the Foundation.
Named Third Party Asset Distribution Fund(s)
This is a restricted purpose fund created as a result of a permanently designated endowment with another organization or firm for a perpetual allocation of monies to the College Foundation for the specific purpose of the fund. The donor(s) (first party) sets up the fund agreement with a second party (organization/firm) which then manages and invests the assets. As determined by the donor(s), a distribution is made from the investment assets/revenues to the Foundation, as the third party. The Foundation receives the income for the purpose intended but does not have access to the actual investment asset of Named Third Party Asset Distribution Fund.
Memorial or Tribute Giving
Supporting the College Foundation can occur in the form of a memorial gift or a tribute gift made to honor or memorialize a loved one or a person of special relationship. The gift can be a cash donation to the Annual Fund, initiation of a named endowment, an annual scholarship fund or a directed contribution to a particular need or desire.
Memorial or Tribute Book Gift Program.The College identifies a list of books that are to be purchased for the Library, and you can select the book of your choice for the gift. The Foundation will send a special letter is sent to the person or family for whom the book gift is directed, and an inscription plate is also included inside the book cover. A listing of all tribute books is available in the Library. For more information, call the Library at (919) 209-2251.
To make a property gift donation, please contact the Foundation Office at (919) 209-2222. Property gifts can consist of the following: - Consumable Property
Examples of consumable gifts that the College can use include office supplies; office equipment; construction materials; maintenance supplies; landscaping materials; or technical equipment for instructional purposes. -In-kind Property
The College can accept in-kind property gifts including landscaping materials, equipment, or other major supplies. - Asset Property
These gifts, such as real estate, art collections, jewelry, antiques, used automobiles, life insurance, or other tangible items are intended to be presented for their monetary value or as part of an estate plan. Such gifts are typically sold by the College or College Foundation, with the sale monies going to the College Foundation as a cash value contribution.
Gifts of Stock or Securities. Donors may choose to make outright gifts and pledges in the form of appreciated securities or stocks rather than cash. Your broker can transfer the stock from your account to that of the College Foundation, via electronic transfer. Or you can send the certificate to the College Foundation directly with a letter stating the intent of the gift and transfer of stock power.
Other Ways to Give
Estate Planning. You can set aside a portion of your estate and become a member of our Rudolph Ashworth Howell Legacy Society. Some of the most popular ways you can provide a charitable contribution through estate planning include:
Bequests. Bequests can include gifts of cash, life insurance, retirement assets, or securities.. They can be especially meaningful because they provide long-term support that strengthens the College's ability to meet future challenges. Bequests are typically made and affirmed in one's will, trust, or estate plan, and they can be changed over the years, as may be necessary to reflect different commitments.
Charitable Gift Annuities. Annuities are a way for donors to benefit the College while receiving income for life, along with significant tax advantages. As a donor, you can have payments begin now or postpone them for payout at a future time.
Charitable Remainder Trusts. Trusts are legal agreements that specify how assets placed will be managed. This approach is a way to achieve a variety of goals as a donor, while providing income for life -- as well as knowing that after your lifetime, the remaining assets will be used exactly as you specified. The trust can be set up as a unitrust in which the income fluctuates annually with the market value; or the trust can be an annuity in which income payments are fixed and as determined when you make the gift.