Every gift makes a difference. Your generous donations enable Panola College students to achieve their educational goals. Your gift allows Panola College to maintain excellence in teaching and continue to enrich our programs. Whether you give annually, establish an endowment, or make a bequest, there is a giving opportunity to match your interest and desire at every level.

While unrestricted gifts intended for use in meeting Panola College's most pressing needs are greatly appreciated, most donors prefer to designate their gifts to particular programs.

Donors may designate their gifts in a variety of ways depending upon their interests and philanthropic goals;

• Designate a specific academic school, department, or program
• Designate a specific non-academic area such as the Women's Volleyball team or the Health and Natural Sciences Building
• Designate a specific purpose such as scholarships or program equipment

Types of Gifts

Endowments

Panola College and the Panola College Foundation are proud to support the educational mission of our institution by investing endowment assets and distributing funds for scholarships, program grants, and other beneficial purposes. Endowments are valued as a consistent source of perpetual funding that has a multi-generational impact. Donors may choose to contribute to an existing endowment or create a new one. Establishing an endowment starts at $10,000.

Gifts of Cash

Cash gifts are the most common and popular means of supporting Panola College. Making a cash gift is quick and easy, and it helps provide needed funds immediately. Cash contributions are tax-deductible, as allowed by law. You can make a gift online through our secure page by clicking the green “Give Now” button at the top of the screen. Checks should be made payable to the Panola College Foundation with a memo on the check stating the donation's designation or that it is an unrestricted gift.

Matching Gifts

Many companies sponsor matching gift programs and will match your gift to Panola College or the Panola College Foundation. Some employers also match gifts made by retirees and/or spouses. If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift to Panola College may be doubled.

Planned/Estate Gifts

Planned giving, sometimes referred to as gift planning, may be defined as a method of supporting nonprofits and charities that enables philanthropic individuals or donors to make larger gifts than they could make from their income. While some planned gifts provide a life-long income to the donor, others use estate and tax planning techniques to provide for charity and other heirs in ways that maximize the gift and/or minimize its impact on the donor's estate. Thus, by definition, a planned gift is any major gift made in a lifetime or at death as part of a donor’s overall financial and/or estate planning.

Capital Assets

It may be to your financial advantage to give a gift of capital assets. Capital assets include real estate, art collections, insurance policies, antiques, jewelry, stamp/coin collections, etc. The advantage of a capital assets gift depends on your circumstances. For example, your estate assets may be distributed over your lifetime in order to reduce future estate taxes.

Charitable Gift Annuity

It may be to your financial advantage to give a gift of capital assets. Capital assets include real estate, art collections, insurance policies, antiques, jewelry, stamp/coin collections, etc. The advantage of a capital assets gift depends on your circumstances. For example, your estate assets may be distributed over your lifetime in order to reduce future estate taxes.

Charitable Lead Trust

A charitable lead trust is a managed trust that enables you to transfer assets to your heirs at reduced gift and estate tax costs and transfer the full appreciated value of assets to beneficiaries with no further gift and estate tax at the termination of the trust. A charitable lead trust pays an annuity or a fixed percentage of the assets to the UNT Foundation for a specified number of years. At the end of this period, the assets are passed on to the beneficiaries named by the donor.

Life Insurance

You may name the Panola College Foundation as an irrevocable primary or contingent beneficiary (should the primary not survive you) of a new or fully paid life insurance policy. The policy’s cash value at the time of donation is deductible as a charitable contribution. You may also continue paying the premiums after donating a policy, in which case the premiums are tax-deductible as well.

Bequests

Bequests often establish a named gift fund (scholarship, memorial fund, etc.) honoring the memory of yourself or a loved one while assisting Panola College with its programs in an area of your choosing. In addition to leaving a legacy, naming Panola College as a beneficiary (or contingent beneficiary) in your will (or your spouse’s will) can reduce the amount of federal estate tax your heirs are assessed.

Each year Panola College and the Panola College Foundation create an annual giving report to keep the community, students, employees, and donors up to date on the important events that happened that year.