Cash is often the most convenient form of giving. Cash gifts are fully deductible for federal income tax purposes, provided deductions are itemized. To make a gift by check, complete this gift form and mail it along with your check, payable to DMACC Foundation and send to:
2006 S. Ankeny Blvd., Bldg. 22
Ankeny, IA 50023
You can also make a gift online
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have otherwise been possible. Terms for payment on pledges are flexible and at the option of the donor.
Securities may be made as outright gifts or as a payment on a pledge. Stock certificates may be reassigned directly to the DMACC Foundation or may be transferred through the donor's broker. The mean market value on the date of the transfer will determine the value of the gift for tax purposes. It is best to consult with the DMACC Foundation before a transaction is made. Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the College.
In certain instances, it may be preferable from an estate, financial, and tax planning perspective to consider long-term planned giving as the best way to make a gift. This can be accomplished through various gift instruments, such as charitable remainder trusts, gift annuities, charitable lead trusts, and bequests. For more information on planned giving, contact the DMACC Foundation at (515) 964-6229.