Established in 1983 as a 501(c)(3) nonprofit organization, the DCTC Foundation functions as an avenue for gifts and grants that benefit the college and our students. By providing resources to students, the college and our programs, the Foundation upholds the DCTC mission, which is Education for Employment.
Governed by a board of directors with up to 18 members, the Foundation has generated more than $3.2 million in financial assistance for students while building a general endowment fund and establishing private endowment funds.
The Foundation has also received in-kind donations for equipment, tools, and supplies used in many DCTC programs.
Students pursuing higher education face mounting financial challenges. During a typical year, the Foundation provides financial support to more than 500 DCTC students, helping them pay for tuition, books, transportation and unanticipated expenses.
Your contributions—whether as a friend of the college, an alumnus or alumna, or business or company—give students the chance to become self-sufficient by allowing them to further their education and start a career. Every gift and grant makes a world of difference.
Securities are often the most advantageous way to make a donation because the federal capital gains tax is avoided as when assets are sold. The gift value for tax purposes will be determined on the transfer date to the DCTC Foundation.
A paid-up life insurance policy is a charitable contribution equaling the cash value of the policy. Other policies can be given while you continue to pay the premiums, generating income tax deductions when the DCTC Foundation is named both owner and fiduciary.
A new policy on your life naming the DCTC Foundation as beneficiary guarantees a future gift as well.
Tangible personal property such as art, books and equipment related to the DCTC mission are tax deductible at fair market value. To avoid the federal capital gains tax from a sale, please consider donating personal property to the DCTC Foundation.