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Giving to VCOM

 

Directed Gifts:

These pages describe our programs and giving options.

Scholarships

Research Fund

Missions and Outreach

Development Fund

Ways to Give:

These pages describe our giving options.

Outright Gifts

Join VCOM’s Legacy Family (Deferred gifts)

Donate your Body to Medical Science:

Virginia Declaration of Intent Form

 

Ways to Give

Nothing can be more satisfying than leaving a mark on an institution that has become known as a national leader in international and Appalachia medical outreach.  You can assist in fulfilling the college’s mission of providing healthcare for those most in need.  Please review the following ways that you can make an investment to help ensure VCOM’s pursuit of excellence in training its student doctors to truly make a difference in the healthcare of medically underserved populations.  The training will be invaluable as the students become doctors of tomorrow.

Outright Gifts

Gifts of Cash

Gifts of cash are the most common and often the simplest to make.  Checks should be made payable to VCOM-International or Appalachia Outreach.  Please use the attached envelope to mail your check.  Cash gifts can be made as a one -time gift or pledged as an annual gift.  Other than checks, cash gifts are accepted by way of money orders or credit card.  Credit cards gifts may be made online through “Click & Pledge” on our website

Gifts of Securities

Gifts of appreciated stocks, bonds or mutual funds can provide special tax advantages. These include a charitable deduction for the full fair market value of the gift and avoidance of capital gains taxes.  Since most securities are held by your bank or broker, you should provide written instructions regarding your charitable intentions.   This letter of transmittal should describe how your gift is to be used.

Donors are advised to sell securities which have declined in order to establish a tax loss, and then donate the proceeds to VCOM.

Gifts of Real Estate

Gifts of homes, farms, and other real property can receive the same tax treatment as gifts of appreciated securities.  If property has appreciated over time, its sale may result in a substantial amount of capital gains taxes being due.  If debt-free property is transferred to VCOM, the donor receives a deduction for the appraised value.  VCOM encourages real estate gifts that are not subject to liens or restrictions that may affect its market value.

Memorial or Tribute Gifts

Any gift may be designated in memory or honor of a friend or loved one.  The family of the deceased, or person honored, will be notified of such gifts.

In-Kind Gifts

VCOM accepts gifts of usable tangible property, which would be beneficial in fulfilling the mission of the college.  The donor may be eligible for a deduction of the full market value.

Matching Gifts

Many businesses offer programs through which an employee’s or retiree’s gift to VCOM is matched by his or her employer.  Matching gifts are credited to the individual’s personal gift record.  Ask your employer if there is such a program at your workplace.

 

Join VCOM’s Legacy Family (Deferred gifts)

Many individuals use planned giving vehicles to protect their wealth, minimize their tax liability, provide for their heirs, and convert non-income-producing assets into reliable revenue streams for themselves and their beneficiaries.  Your legal and financial advisors, or members of VCOM’s Development staff, can provide information about achieving your financial goals while providing for  VCOM’s future.

Bequests- as easy as 1, 2, 3

The amount of the bequest is deductible from the taxable portion of your estate.

Provide for VCOM by making a new will, modifying your existing will (by making a codicil), or by including VCOM in your revocable trust.  For example:

An unrestricted bequest for general purposes

“I hereby give, devise and bequeath to the Edward Via College of Osteopathic Medicine, an educational corporation in Blacksburg, VA for its general purposes {_______dollars}
{______percent}  {all of the rest, residue, and remainder of my estate}”

A bequest for endowment:

“I hereby give, devise and bequeath to VCOM, and educational corporation in Blacksburg, VA, {money or property to be bequeathed} to establish an endowment fund to be known as the {_______Fund}, the income from which shall be for the {unrestricted use or named purpose} of the Edward Via College of Osteopathic Medicine.”

In addition to bequests, VCOM welcomes and encourages a full range of planned gifts, including charitable trusts and gifts of real estate or personal property.