A general gift is used to meet the most pressing needs and priorities of Providence. General Gifts are useful because of their flexibility.
Donors may specify how a donation is to be used, such as a scholarship, support for a particular academic program, equipment acquisition, etc..
Gifts may be made to commemorate a special occasion or in honor or memory of a loved one.
Endowments provide a long-term stream of capital for use as intended by the donor while protecting the fund principal in perpetuity. Endowments may be designated for scholarships, academic program support, faculty advancement etc..
Many employers have a matching gift program through which they match your gift to Providence. We would be happy to work with your employer to set up a program.
You may wish to establish your own matching gifts program. It may be one that is perpetual or it may be a one-time gift with a deadline by which the school must raise the matching funds to receive your gift.
Gifts of securities (stocks, bonds, mutual funds) may be made directly to Providence. Oftentimes, such gifts provide the donor with tax advantages.
Providence will accept a gift of real property if it can be used by Providence or converted into dollars.
A donor can name Providence as the beneficiary of a life insurance policy, thus ensuring that money will be provided at a future date.
Gifts of trust may be arranged which would enable the donor to make a sizable gift while continuing to receive a steady income. Should be considered with a professional tax and legal advisor in structuring the gift.
A donor can provide a gift to Providence through a will by stipulating a specific dollar amount, a percentage of assets, or a specific piece of property.
*Should be considered with a professional tax and legal advisor in structuring the gift.