Giving to the College

Gift Details

Outright Gifts

Outright gifts include contributions of cash, written pledges (usually paid within five years) and securities.

You may give the donation to the College to be used at its discretion to strengthen every aspect of the institution - supporting operations, scholarships, faculty development, student life, and much more - or designate your gift to one of several areas of interest within the College. Gifts may be specifically designated toward:

A Memorial Gift is a unique gift – made in memory of a loved one, designated to either a specific program or to the College as a whole. Checks may be written to SCCO, with the name of the honored one in the memo line, and mailed to the Advancement Department at the College. Gifts may also be made online, designating “Memorial Gift in honor of:” In addition to the good created by the financial donation, the honored one’s name is inscribed in the Memorial Endowment Book available for viewing on the campus.

A family member who wishes Memorial Gifts to be directed to a specific program at SCCO may easily do so, with an advance call to 714.992.7832. A designated family member will receive notification of names of friends who have made Memorial Gifts in honor of their loved one.

Gifts of Cash Details

Donors who itemize their deductions may deduct gifts of cash up to 50 percent of their adjusted gross income in a given year. Gifts which exceed this amount can have the charitable deduction "carried forward" for up to five additional years.

To restrict a cash gift to a specific purpose, note the restriction on the memo portion of the check, or send an accompanying letter of explanation.

A payment plan can be easily customized. To set up a pledge payment program, contact 714.449.7471.

The College’s fundraising year matches its fiscal year: July 1st through June 30th.

Gifts of Securities Details

Appreciated stock which owners have held for more than one year will provide substantial tax benefits to the donor. In addition to receiving an income tax deduction equal to the fair market value of the stock on the effective date of the transfer, the donor will avoid paying capital gains taxes on the appreciation.

Example:

Many years ago you purchased 200 shares of stock at $25/share. Today, the fair market value of the shares is $100/share. If you sold the stock and paid the capital gains tax, then gave the proceeds to SCCO, the gift would total $17,000. However, if you transferred the stock directly to SCCO you would pay no capital gains tax and SCCO would receive a tax-deductible gift of $20,000.
Purchase price
Current FMV
Gain on sale
Capital Gains tax (15%)
Net proceeds
Tax-deductible gift
 $ 5,000
20,000
15,000
2,250
17,750
17,750 		Purchase price
Current FMV
Gain on sale
Capital Gains tax (15%)
Net proceeds
Tax-deductible gift		 $ 5,000
20,000
0
0
20,000
20,000

Gifts are valued at the average of the high and low selling price of the stock on the date of delivery to the College – either the postmark date if mailed (assigned stock), the date when deposited in an SCCO account at an approved brokerage, or the date when hand-delivered. Appreciated securities are also ideal to fund gift annuities and charitable trusts.

For further information on donations of securities, contact Bill Heaton, Vice President of Advancement at 714.449.7464.