Ways to Give
Copper Mountain College Foundation exists to maximize educational opportunities in the Morongo Basin by supporting the programs, facilities and activities of the Copper Mountain Community College District.
Morongo Basin High School Seniors’ Scholarships
Associated Students of Copper Mountain College (ASCMC) and Campus Clubs
Science, Technology, Math and Engineering (STEM) Scholarships
Phi Theta Kappa Honor Society
Vocational Nurses’ Testing
Subsidized Bus Fares (click here) on Morongo Basin Transit Authority
Christine Proudfoot Student Activity Center
Campus Bike Racks
Picnic Tables and Benches
The Presidents’ Circle donor members meet quarterly with the President of the College, as well as the President of the Foundation Board, to discuss local issues and opportunities. Quarterly luncheons feature a selected college program and guest speakers who present the program from three perspectives: the faculty, the community and the students.
For more information about the Presidents’ Circle, contact us by clicking here.
Supporting CMCF is Easy!
Support CMCF today! And as a tax-exempt charity, your donation will be considered a charitable deduction for income tax purposes, to the extent permitted by law. Our tax identification number is 95-3778234. There are many ways to give, as you’ll see below, and most all offer tax savings. To receive more information, click here.
You can give your cash gift right now, by just clicking the DONATE button below. Or mail your check, made payable to CMC Foundation, to: CMCF, P.O. Box 1398, Joshua Tree, CA, 92252. DONATE NOW
STOCKS, BONDS OR MUTUAL FUNDS
Do you have long-term appreciated stock, bonds or mutual fund shares? You can avoid paying capital gains tax on the increase in value and receive a tax deduction for their full fair market value at the time of your gift, if you’ve owned them for more than 1 year. (The deduction is limited to 30% of your adjusted gross income with up to five additional years to carry it forward.)
Rather than selling real estate owned for a long time, consider making a charitable gift to CMCF. Instead of paying a large capital gains tax, you’d realize a charitable deduction for its full fair market value! You can even get a current income tax deduction by donating your personal residence while re-serving the right for you (and your surviving spouse, if applicable) to live in it for life!
WILL OR LIVING TRUST
Long-term tax planning can help you leave more to your loved ones while still leaving a legacy through your charitable bequest to CMCF. You can specify an amount, a percentage, or simply “the amount that’s left” after you provide for your loved ones.
LIFE INCOME GIFT
You can make a major gift to CMCF and increase your income! By transferring your assets now through a trust arrangement, you are allowed a generous charitable contribution deduction while receiving income from the trust’s investments…for life!
Specifically known as a Charitable Gift Annuity (CGA), CMCF now offers a CGA through our membership in the Community College League of California. A CGA is a contract in which you exchange a gift of cash or securities for a guaranteed, fixed rate income for life.
In addition to the personal satisfaction of helping a worthy cause, a CGA has 4 advantages:
- Income for life
- Tax deduction savings
- Tax-free income
- Capital gains tax savings
Rates are determined by your age. Click here to access the easy Annuity Calculator that will determine your income and return rate.
Do you have a life insurance policy you don’t really need? By making CMCF the owner and beneficiary, you can take a charitable deduction approximately equal to its full cash value at the time of the gift.
It’s easy! Your insurance agent can give you detailed information about the forms you’ll need.
DECREASED VALUE ASSETS
Consider selling investments that have decreased in value and donating the proceeds to CMCF. The deductible loss plus the charitable deduction may total even more than the investment’s current value!
The purpose of this web page is to provide general gift, estate and financial planning information. It is not intended as legal, accounting, or other professional advice. For assistance in planning charitable gifts with tax and other financial implications, the services of appropriate advisors should be obtained. Consult an attorney for advice if your plans require revision of a will or other legal document. Tax deductions vary based on applicable federal discount rates, which can change on a monthly basis. Some opportunities may not be available in all states.