Ways To GIve
UACCM Development staff is available to consult and assist in defining donor interest and ensuring that the donor's intent is satisfied.
The UACCM Foundation accepts gifts of any size from donors year round. Donors can choose to designate their donation to a particular cause (i.e. scholarships, program areas, campus projects) or give to the annual fund. Annual fund donations are designated for projects by the Foundation Board of Directors.
If donating equipment to UACCM, please begin by completing the Equipment Donation Form.
Cash Gifts
Cash (in the forms of personal checks, credit cards, and bank drafts) is the most popular type of charitable gift the UACCM Foundation receives. Checks should be made payable to the UACCM Foundation and mailed with this Letter of Intent to the UACCM Development Office at 1537 University Blvd., Morrilton, AR 72110. All gifts will be acknowledged by a receipt from the UACCM Foundation.
If you itemize deductions on your federal tax return, you may claim an outright gift of cash as a charitable contribution up to an amount equal to 50 percent of your adjusted gross income. Any deduction not usable in the first year can be carried over for up to five additional years or until it is completely used, whichever is first. You may wish to consult your accountant or tax adviser to determine the tax benefit of your gift.
Matching Gifts
Did you know that many corporations match personal donations with an equal or greater corporate contribution? Rules about the type of gifts that companies will match (cash, stock, property) vary.
To initiate a matching gift, complete your company's matching gift form and send it along with your gift to the UACCM Foundation. UACCM will complete the form, certifying that it has received your gift and is eligible to receive matching gifts under your company's guidelines. We will then forward the form to your company. After verifying the eligibility of the donor and UACCM, the company sends a check to us.
Check with your company's personnel department to see if your gift qualifies for a corporate match.
Honorary or Memorial Gifts
A gift in memory or in honor of a colleague, relative, or friend is a generous and thoughtful way to recognize a person's life and accomplishments.
When an honorary or memorial gift is made, UACCM notifies the honoree or others, and the gift is administered as the contributor specifies. To make an honorary gift, send a letter detailing the purpose of your gift as well as the name and address of the honoree. For memorial gifts, your letter should list the honoree's name and the name and address of those you want to be notified of the gift. You may also use the Letter of Intent form to make these types of gifts.
Letter of Intent
You may choose to make a one-time cash payment or a pledge to be paid out over a period of time consistent with your financial situation.
Securities
A transfer of securities (stocks or bonds), held long term, to the UACCM Foundation allows you to make a gift and receive a charitable deduction equal to the full fair market value of the securities. You pay no capital gains tax on your gift and neither does the Foundation.
Please contact the UACCM Development Office for assistance when transferring assets.
Scholarships
Donors can establish annual or endowed scholarships to directly support student success.
Annual Scholarships
Donors may make an annual gift to the UACCM Foundation and have the full amount of the gift awarded all at once or on an agreed upon schedule. This type of scholarship is a one-time award and the funds do not renew unless the donor pledges to continue the gift. Scholarships are publicized each year and recipients are selected by the UACCM scholarship committee.
Endowed Scholarships
The minimum amount needed to establish an endowment is $5,000 and the fund must reach $25,000 within five years to become fully endowed. These funds will be invested by the Foundation and awards made from the interest earned. The principal of the fund is held intact, with a small percentage of interest reinvested in growth to equal inflation, so that scholarships are awarded in perpetuity. Because an endowed scholarship is awarded now, and for the generations to come, donors are able to create a legacy for themselves or a loved one. Awards from an endowment do not begin until one year after the fund is fully endowed; however, the donor may choose to make an additional donation to award an annual scholarship until the endowment has matured.
Donors who are considering establishing a scholarship have a few specifics to consider. As a scholarship donor, you will name the scholarship and set the selection criteria. The Development Office and Financial Aid Office staff is available to help you create the criteria for your scholarship. Endowed and annual scholarships at UACCM are awarded to deserving students based upon area of interest, geographical origin, leadership potential, merit, financial need, academic achievement and/or other criteria. The UACCM Foundation must agree to any special award conditions established by the donor.
Scholarships are advertised by the UACCM Financial Aid office. Typically, a selection committee reviews the scholarship applications submitted by students and selects the most deserving recipient(s) based on the donor-established criteria.
Fundraising Events
The Foundation's major fundraisers include a Gala Fundraiser and Links for Learning golf tournament.
The Gala is held in the Tyson Training Hall of the UACCM Workforce Training Center. This event features fine dining, lively music, enticing auction items, and celebratory spirits. Donors may become an event sponsor or simply pay per person or table and enjoy the event while bidding on auction items.
Links for Learning is a golf tournament held each June at the Morrilton Country Club. Donors may support this event through corporate sponsorships or team entries.
The Foundation accepts gifts according to the rules outlined by the University of Arkansas Foundation, Inc. and adheres to the Association of Professional Fundraisers Code of Ethics and Donor Bill of Rights. A portion of donations will be used to further advancement efforts on behalf of the University of Arkansas Community College at Morrilton.