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Giving

Contributions to the RCC Educational Foundation help break down the barriers our students face in completing a degree or certificate and improving the quality of life for themselves and their families.  The RCC Educational Foundation is a 501c3 non-profit organization and contributions are entirely tax-deductible as provided for by law.

 

Planned Giving

You can name the RCC Educational Foundation as:

  • a beneficiary of a trust
  • a beneficiary of a life insurance policy
  • a beneficiary of your IRA or other retirement plan
  • a joint owner of your certificates of deposit

Skillful use of current or deferred charitable gift plans makes it possible to reduce the cost of passing property to others. Through creative planned gifts you may protect your own financial security and economic freedom, provide income for your survivors (securing their economic future), avoid probate, and receive significant tax benefits.

Life insurance provides an excellent vehicle for making a gift. Life insurance gifts can be made by contributing a current policy (which can be used for a charitable income tax deduction) or by purchasing a new policy. The donor can name RCC as beneficiary, or transfer total ownership of the policy and make deductible gifts to pay for premiums.

Tax laws encourage donations of meaningful gifts that at the same time continue to receive income from contributed assets. These gifts are known as charitable remainder trusts, gift annuities, and pooled income funds. These contributions can be structured to achieve the following personal goals:

  • Provide a growing retirement income
  • Act as a charitable IRA to build retirement savings
  • Produce a fixed and guaranteed return in uncertain financial times
  • Help send children or grandchildren to school or college

These gifts are called “deferred” because while they produce immediate tax saving and income benefits to the donor, the underlying assets are not available for charitable purposes until the trust ends.

Consult with your attorney or financial advisor for the various tax benefits and restrictions that may apply to your specific situation. We are always available to answer questions about planned gifts to the RCC Educational Foundation. Contact: Sarah Pope, RCC EFI Executive Director at 804-333-6705 or spope@rapphannock.edu.

About the Foundation

The RCC Educational Foundation, Inc. (RCC EFI) is a non-profit organization dedicated to supporting the mission of RCC to strengthen our community, transform lives, and inspire excellence.  We support initiatives that develop students’ skills, confidence and employability, transforming their lives and the lives of their family members.

We serve:

  • RCC students through scholarships and program funds.  For the 2019-20 academic year, over $500,000 in scholarships were awarded to students!
  • Faculty & staff through professional development and program funds
  • Lifelong Learners through the RILL program
  • The larger RCC community by providing financial and partnership resources to meet strategic plan goals

RCC EFI is governed by a volunteer Board of Directors that represent the 12 counties that RCC serves. The Foundation is housed in the historic Chinn House on the Warsaw campus, and hours of operation are Monday through Friday, 8 a.m. to 4:30 p.m.

Click here for our 2021-2022 Biennial Report.

College Advancement Staff

Sarah Pope

Sarah Pope

VP, Advancement

E-mail Sarah
804-333-6705

Brittany Abdul-Malik

Brittany Abdul-Malik

Development Specialist, College Advancement

Warsaw
E-mail Brittany
804-333-6707

Michele Inderrieden

Michele Inderrieden

Media Services Manager

Warsaw
E-mail Michele
804-333-6824

Avis Fortune

Avis Fortune

Administrative Assistant, College Advancement

Warsaw
E-mail Avis
804-333-6826

Bernadette “Bernie” Barclay

Bernadette “Bernie” Barclay

Multimedia Specialist, College Advancement

Warsaw
E-mail Bernadette
804-333-6807

Beth Robins

Beth Robins

Scholarship Specialist, College Advancement

Warsaw
E-mail Beth
804-333-6708

Kerry Wiersma

Kerry Wiersma

Coordinator of Grants Development & Administration, College Advancement

Warsaw
E-mail Kerry
804-333-6706

FOUNDATION NEWS


Scholarship recipient

293 Students Receive Close to $400,000 in Scholarships

The Rappahannock Community College Educational Foundation, Inc. (RCC EFI) hosted its annual President’s Scholarship Recognition Program and Reception at the RCC Glenns campus on October 12, 2021.  293 RCC students received close to $400,000 in competitive scholarships for the 21-22 academic year.

RCC Educational Foundation Receives $2.7 Million Charitable Gift

The Rappahannock Community College Educational Foundation, Inc. (RCC EFI) is the recipient of a $2.7 million charitable gift from Dr. S. Stuart Flanagan. Dr. Flanagan has devoted his professional life to teaching and much of his philanthropic life to providing low-income students the opportunity to attend institutions of higher education. The funds form the Flanagan […]

RCC Educational Foundation reaches $11.2 million in assets

The 2017-18 Rappahannock Community College (RCC) Impact Report, available in December, relays that assets of the RCC Educational Foundation, Inc. have reached over $11.2 million.