Annual Fund FAQ
- What is an annual gift?
- What do annual gifts support?
- Why are annual gifts important?
- Who benefits from annual gifts?
- How do I make an annual gift?
- What is a matching gift?
- When should I make my annual gift?
What is an annual gift?
Annual gifts are those gifts, typically made annually, that alumni and friends make in support of York College’s students and programs. Many times, these gifts are made in response to the York College direct mail appeals or via online giving.
What do annual gifts support?
Many annual gifts are unrestricted, allowing the College to place resources where they are most needed or opportunities are the greatest. Unrestricted annual gifts directly assist students by providing scholarships, enhanced technology and innovative academic programs. Donors also may restrict their annual gifts to a specific school or to provide funding in a special area such as the Aviation Institute.
Why are annual gifts important?
As state support continues to decline, annual fund dollars have a direct impact on the lives of York students. Private support is critical as the College is “on the move”, in continuing to provide high quality educational and research programs that will make a York College degree a coveted commodity.
Who benefits from annual gifts?Students, faculty, staff, alumni, parents and the community at-large benefit from annual gifts. Funding provided by annual gifts supports the development of academic programs. As the university’s reputation for high-quality education grows, so too does enrollment. In turn, the value of a York College degree grows for all alumni. Furthermore, the surrounding local economies are boosted by the income generated from York College students and workforce.
How do I make an annual gift?
Annual gifts can be made in many convenient ways. Many donors choose to respond to direct mail appeals, or make their gift via online giving. Annual gifts made by check or credit card are most typical, however, you also may make a gift through stock transfer or spread your gift over a period of time through pledge installments. Contact us at (718) 262-3810 to discuss the gift vehicle that's right for you.
What is a matching gift?
Many corporations have matching gift programs through which a company will match gifts their employees make to qualified charities, including York College. The impact of your annual gift may be doubled or even tripled if your company has such a program. Matching gift policies vary from company to company, so please check with your human resources department to see if your employer matches charitable gifts. Many companies also will match gifts of their retirees and employee spouses. You will receive a tax receipt for only the amount of your personal contribution.