Frequently Asked Questions
- How can my gift make a difference?
Only 56% of RCC's operating budget is funded by state and local government. Gifts from donors help defray expenses that cannot be covered by reasonable tuition fees. By making a gift, the donor is choosing to take an active role in the life of the College.
- What are matching gifts and will my employer match my gift?
Matching gifts are dollars matched by employers in response to charitable contributions made by employees, retirees, as well as spouses and domestic partners of employees who often are also eligible for corporate matching gifts. To find out if your employer is a matching gift company, please contact your personnel or human resources office. To have your gift matched, complete a gift-giving form and return it, along with your contribution, to the RCC Foundation.
- How much should I give?
All gifts are important and appreciated, large or small.
- Do I have to pay my Annual Fund gift in full and in cash?
No, there are numerous payment options. The College accepts cash, checks, MasterCard, VISA, and Discover. Please visit our Ways to Give section to see how you can contribute to the Annual Fund.
- Are gifts tax deductible?
All gifts are tax deductible to the maximum extent allowed by law. Some gifts can result in significant tax benefits. See gift planning for more information on the tax benefits of giving.
- Why is the alumni participation rate important?
Some corporations and foundations make funding decisions based in part on Annual Fund participation rates — so higher participation rates translate directly into increased outside funding for the College.