Adam Chin '99 Stock & Corporate Matching Gifts
Adam Chin '99, TFC Bank, Head of Model Risk Management, makes the most of his investments. And it all started at North Central. "I received a fantastic education that helped me find a great career, but it also taught me to think critically, which was just as important." he says.
So it's no surprise that Chin supports the College and maximizes his gifts. By combining personal stock gifts with matching gifts, he increases the financial impact of his donation and creates a win-win situation. "If I buy stock and it appreciates over the years, I can take a tax deduction for its value at the time I donate it and avoid capital gains tax," he explains. "Combine that with the match program, and I make an even bigger impact."
How you can help our students? By donating a gift of securities like stock or mutual funds, you can avoid paying capital gains tax when you transfer the security directly to the College and you may be eligible for a charitable income tax deduction that you can carry forward.
If your company provides a matching gift program, your personal contribution can be greatly magnified depending on the matching structure. For example, one Illinois-based company matches gifts 3:1 which means that your $250 donation will have a $1,000 impact on the College!
To find out if your company has a matching gift program or if you are eligible to participate as a former employee, please visit this website and enter the company's name in the search bar brilliantfuture.northcentralcollege.edu/support-campaign/matching-gifts .