Give Back to ABAC
As faculty and staff, when we give back, we strengthen the College, and we all benefit. In our “Give Back to ABAC” effort, participation is what matters!
A Word from our Campaign Chairs:
“I LOVE ABAC and what it represents for me. As a first generation college graduate that attended ABAC, I understand the importance of obtaining a solid college education that provides real-world experiences. By contributing to the Give Back to ABAC campaign, I feel that I am demonstrating my support in the college and my commitment to see it succeed. No matter what the size of the gift, it’s about identifying something that you feel passionate about on campus and giving whatever makes sense for you.”
Deidre Jackson, 2016 Co-Chair
“The key phrase in Give Back to ABAC is ‘give back.’ Whenever someone comes up to me and says , ‘You probably don’t remember me, but your class changed my life,’ I realize how grateful I am for the opportunity ABAC has given me to teach and learn in a supportive, collegiate environment. Why would I not want to give back?”
Dr. Gail Dillard, 2016 Co-Chair
How to Give Back:
2. Make your pledge or gift with a credit card online by following this link: Give Back with CC. Be sure to put the name of the Fund you would like your contribution to go towards in the comments if it in not listed in the drop-down menu by choosing “other”.
A full listing of available funds to designate your gift to can be found here: ABAC Funds Listing.
Your gifts made directly to the ABAC Foundation will receive a receipt from the ABAC Foundation that you can use to apply toward your taxes according to IRS regulations.
Alumni and Friends of ABAC
Your contributions through the ABAC Foundation provides scholarships, programs and facilities that help students achieve their educational goals and ensure continued growth and achievement at the college.
Make your gift with a credit card online by following this link: Give Back with CC, or come by the Alumni House on campus and meet with college advancement and foundation staff on ways you would like to “Give Back to ABAC.”
Cash or cash equivalents –gifts of cash, securities, etc., either outright or through a planned/deferred gift vehicle (e.g., charitable gift annuity, retained life estate, charitable remainder trust, life insurance, will bequest). The donor may specify the use of the funds or the gift may be unrestricted for use in meeting needs identified by Abraham Baldwin Agricultural College and the ABAC Foundation.
Annual Gifts – Annual gifts are gifts made in the current year that can be utilized immediately. Annual gifts may be designated to help fund opportunities for today and can be assigned to benefit a specific area of interest to you, including student or faculty focused priorities at ABAC.
Deferred Gifts – Deferred gifts are often called “planned gifts” because they are integrally connected to financial and/or estate plans. They range in size from smaller bequests to multi-million dollar trusts. They are called deferred gifts because even though they are given today, the benefits by ABAC will not be realized until sometime in the future.
Designated Gifts – A donor may choose to designate a gift to any college objective at ABAC. A gift may be designated for schools or general support.
Endowed Fund – An endowed fund is one in which the original principal is never invaded and the gift exists in perpetuity. Endowments are generally funded within five years of the initial contribution. Income is distributed annually pursuant to spending policies adopted by the ABAC Foundation. No income will be distributed until the endowment is fully funded. There is no limit for donating gifts to already-existing endowments, but the ABAC Foundation has minimum requirements for establishing new endowments. Each endowment will be supported by an accompanying fund agreement which explains the gift’s purpose and use.
Non-Endowed Funds – Non-endowed funds consist of funds of which both principal and income may be expended, but only for purposes specified in the fund agreements.