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FAQ

This section provides answers to frequently asked questions about making private gifts and contributions to the Southeastern Illinois College.

How can I make a gift?

Cash: Print a pledge form and mail it in with your gift.

Credit Card: Mail in your credit card number with gift information. Online donation coming soon!

Payroll Withholding: Southeastern Illinois College employees may have gifts deducted from their paycheck each month, by returning a completed Payroll Withholding Form to the SIC Foundation.

Electronic funds transfer: You may authorize a monthly transfer of funds from your checking or savings account to the SIC Foundation. Simply print, complete, and send an EFT Form to the SIC Foundation office.

Phone: Every year  Phonathon callers (SIC students who are part-time employees of the SIC Foundation) conduct a series of important telephone campaigns to raise funds for the Annual Fund. You may pledge your support when a student calls during one of these campaigns. Alternatively, call the SIC Foundation office, 618-252-5400 ext 2482 to arrange a gift by phone.

Stock: Gifts of marketable stocks, bonds, or mutual fund shares that have appreciated (increased in value) can have an immediate impact on the programs you wish to support -- and also create an immediate income tax deduction for you based on the stock's current value.  Contact the SIC Foundation Office, 618-252-5400 ext 2482, for more information. 

Mutual Fund Shares:  If your financial services provider holds mutual funds for your account, shares can be transferred electronically.  The gift valuation is based on the per share value of mutual fund shares on the date of the gift.  If your financial services provider does not hold the shares, you will need to complete a transfer of ownership form that may be obtained from the mutual fund company.  Contact the SIC Foundation Office, 618-252-5400 ext 2482, for more information. 

Honor or Memorial Gifts: You may designate the fund or project you wish to support or leave it unrestricted to support the highest needs in the College's current programs.  A card will be sent to the person or person's family of the individual you are honoring notifying them of your gift.  The level of your gift is not mentioned.

Gifts of Personal Property or Collectibles: A gift in kind enables you to give personal property to Southeastern Illinois College Foundation in the form of antiques, collectibles or works of art.  If the College can use the gift in its educational program, you may deduct the full fair market value.  The fair market value is determined by a professional appraisal obtained by the donor.