Magnolia Bible College
Preparing Preachers and Training Teachers
ADVANCEMENT
Friends of Magnolia Bible College who wish to make a contribution are encouraged to consider the following donor options:
CASH
Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized.
PLEDGES
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have been otherwise possible. Terms for payment on pledges are flexible and at the option of the donor.
SECURITIES
Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to Magnolia Bible College or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. For general questions on securities, call 800-748-8655 or send to acoker@magnolia.edu. Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the university.
MATCHING GIFTS
Thousands of companies and corporate foundations match the gifts of their employees to non-profit institutions such as Magnolia Bible College. In fact, more companies match igifts to higher education than any other type of charitable giving. Gifts of securities, in addition to gifts of cash are also often eligible for matching. Matching gifts benefits can double, sometimes triple, the value of your gift, while supporting the same program(s) that you support, and are credited to you. Retirees, employee spouses, board memebers and officers are included in some programs, so inquire about eligibility. If your company has a matching gift program, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. Matching gift forms are most frequently found in Human Resources, but are increasingly available on company intranet sites and other online formats.
PLANNED GIFTS
In certain instances, it may be preferable from an estate, financial and tax planning perspective to consider long-term planned giving as the best way to make a gift. This can be accomplished through various gift instruments, such as charitable remainder or lead trust, gift annuities, gift of life insurance or retirement plans, and bequests. For more information on planned giving, call 800-748-8655.
Gifts to Magnolia Bible College should be mailed to:
Magnolia Bible College
P.O. Box 1109
Kosciusko, MS 39090
Have a general question about making a gift? Send general questions about gifts to Allen Coker at e-mail or call 800-748-8655
Friends of Magnolia Bible College who wish to make a contribution are encouraged to consider the following donor options:
CASH
Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized.
PLEDGES
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have been otherwise possible. Terms for payment on pledges are flexible and at the option of the donor.
SECURITIES
Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to Magnolia Bible College or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. For general questions on securities, call 800-748-8655 or send to acoker@magnolia.edu. Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the university.
MATCHING GIFTS
Thousands of companies and corporate foundations match the gifts of their employees to non-profit institutions such as Magnolia Bible College. In fact, more companies match igifts to higher education than any other type of charitable giving. Gifts of securities, in addition to gifts of cash are also often eligible for matching. Matching gifts benefits can double, sometimes triple, the value of your gift, while supporting the same program(s) that you support, and are credited to you. Retirees, employee spouses, board memebers and officers are included in some programs, so inquire about eligibility. If your company has a matching gift program, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. Matching gift forms are most frequently found in Human Resources, but are increasingly available on company intranet sites and other online formats.
PLANNED GIFTS
In certain instances, it may be preferable from an estate, financial and tax planning perspective to consider long-term planned giving as the best way to make a gift. This can be accomplished through various gift instruments, such as charitable remainder or lead trust, gift annuities, gift of life insurance or retirement plans, and bequests. For more information on planned giving, call 800-748-8655.
Gifts to Magnolia Bible College should be mailed to:
Magnolia Bible College
P.O. Box 1109
Kosciusko, MS 39090
Have a general question about making a gift? Send general questions about gifts to Allen Coker at e-mail or call 800-748-8655