South Central College

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Faribault Foundation

Ways to Give

There are many ways to Partner for the Future with SCC. Here's how:

1.Cash Gifts

Undesignated donations, Designated donations and Endowments are three ways to make cash gifts to the SCC Foundation.

  1. Undesignated donations: provide funds for student scholarships, projects and activities as well as future efforts.
  2. Designated donations: provide funds for a named scholarship or to help build one of the Foundation’s existing funds or endowments.
  3. Endowments: provide scholarships in perpetuity through an endowment established in your name or another name you select and a gift of $5000.00 over three years.

2.Gifts of Stock & Securities

A gift of this kind can result in small out-of- pocket expense and a federal income tax deduction for the donor

3.Gifts of Property

Residences, farms, in-kind goods and services or equipment related to the mission of the college, when donated to the SCC Foundation, can benefit both parties.

4.Planned & Deferred Gifts

One of the simplest ways to provide a gift to the SCC Foundation is through a bequest in a will or living trust. A financial planner can assist you with information about substantial tax savings gained by leaving a legacy to the SCC Foundation.