Cash and Pledges
The simplest and most common type of gift is made through a one-time payment of cash, often by means of a personal check. Another popular option is a pledge, a gift made over time with regular payments. Pledges to the Dr. Melvin C. Terrell Educational Foundation can be made up to a maximum of five years.
Gifts of cash are the most common form of giving. Gifts of cash to the Dr. Melvin C. Terrell Educational Foundation are charitable contributions and qualify for deductions on your federal income tax return for those who itemize deductions. Cash gifts may be unrestricted and serve the greatest needs of the foundation, or restricted for a specific program. For more information, please contact our staff about the types of restrictions that the foundation can accept.
Cash gifts may also be used to establish a charitable trust or gift annuity, both of which provide you with a lifetime income, a significant income tax benefit, and an opportunity to make a substantial deferred gift to the Foundation.
The simplest and most common type of gift is made through a one-time payment of cash, often by means of a personal check. Another popular option is a pledge, a gift made over time with regular payments. Pledges to the Dr. Melvin C. Terrell Educational Foundation can be made up to a maximum of five years.
Gifts of cash are the most common form of giving. Gifts of cash to the Dr. Melvin C. Terrell Educational Foundation are charitable contributions and qualify for deductions on your federal income tax return for those who itemize deductions. Cash gifts may be unrestricted and serve the greatest needs of the foundation, or restricted for a specific program. For more information, please contact our staff about the types of restrictions that the foundation can accept.
Cash gifts may also be used to establish a charitable trust or gift annuity, both of which provide you with a lifetime income, a significant income tax benefit, and an opportunity to make a substantial deferred gift to the Foundation.