Make an immediate gift of cash by way of a check or a credit card donation online.
You can direct your gift to be used for scholarships, or unrestricted, allowing BMCC to put your contribution towards the college’s most pressing needs.
Mail checks payable to our supporting Foundation:
Borough of Manhattan Community College
Office of Institutional Advancement
199 Chambers Street, FH 1330
A pledge of a certain amount of money each year to support BMCC scholarships.
Charitable Gift Annuity
A gift annuity can provide significant financial benefits to you, while significantly supporting BMCC. A creative way to make “a gift of a lifetime” to the college. Certain gifts qualify for legacy naming on our donor wall, or the naming of classrooms on campus.
A gift substantial enough (minimum $25,000) that, when invested by BMCC Foundation, can yield enough income each year to support one or more student scholarships or one or more programs (named by you) each year. This is the way to name a particular scholarship after yourself or a loved one, to fund a particular program in perpetuity or to ensure that BMCC has income each year to fund the college’s most pressing needs.
To design the endowment of your choice, contact the Foundation office at 212-220-8020.
A gift through your will. Leave BMCC either a specific dollar amount, a valuable asset, or a percentage of your estate in your will. You may specify how the money is to be spent. Consult your lawyer to add this provision to your will. Please see Planned Giving Society.
IRA Beneficiary Designation
BMCC can be a beneficiary of a portion or all of an IRA upon your death. Unlike human beneficiaries who, upon receipt of your IRA money, must pay income tax that you have deferred, BMCC receives your IRA money tax-free! In addition, the money to BMCC as beneficiary will by-pass probate proceedings. Talk to your financial advisor or a representative of the institution that holds your IRA to accomplish this since there are nuances they can explain.
Real Estate or Appreciated Stock
A gift of real estate or appreciated stock not only gives BMCC an asset to sell for cash to be used for scholarships and other programs, it allows you to avoid the capital gains tax on the sale of the asset and to receive a charitable income tax deduction. Have your lawyer or financial advisor contact the Foundation office at 212-220-8020.