Questions & Answers
Why should West Georgia Technical College Foundation conduct a major gift campaign?
West Georgia Technical College has been a primary provider of higher education for almost forty years. We have expanded our services to be able to bring quality higher education to our expanding communities. Now, it is time to take the next step. The Foundation recently completed a feasibility study that showed strong community support to assist us in four major areas.
The West Georgia major gifts campaign, entitled “Invest in the Next Generation” is a powerful effort to advance the institution’s commitment to academic excellence through strategic investment in people, programs and facilities. The campaign specifically seeks to raise funds to build a new Coweta County Campus; Strengthen Student scholarship and Grant Fund; create a Healthcare Endowment; and to enhance our Adult Education and Literacy program with an Endowment.
All of these plans have been under discussion by the Governing Board and carefully reviewed by the Board of Trustees. Accomplishing these goals will maintain the West Georgia Technical College leadership role in academics, research, and community service well into the twenty-first century.
What are some of the specific ways that West Georgia Technical College will be enriched?
The College will be better positioned to meet the economic growth needs throughout its service area.
Coweta Campus will have increased capabilities that can strengthen the efforts of local leaders to recruit and retain business and industry to the area.
These initiatives will allow WGTC to strengthen programs, increase faculty, and upgrade technology;
- Students are our number one priority, and WGTC is committed to removing the barriers that prevent our students from achieving their educational goals.
A Healthcare Endowment will provide funds for enhancing training, expanding existing programs, establishing new programs, and improving equipment and facilities.
Currently, 45% of our service area adults over age 25 are at substandard literacy levels. Funds will allow us to establish efficient, cost-effective training and innovative educational tools to reach this population.
Will the Campaign be accepting pledges?
Yes, pledges enable our donors to realize optimal tax savings and to make a more significant investment in WGTC than might be possible with a one-time cash gift. The active campaign will continue for two years, however, three to five year pledges can be made.
In what forms may gifts be made?
Gifts may be made in the form of cash, securities, personal property, or other designated gifts. We urge donors to discuss gifts with their tax consultants or financial advisors and with the campaign manager to determine the kind of gifts that will best suit their personal circumstances and be of maximum benefit to WGTC. The West Georgia Technical College Foundation, Inc. has tax exempt status under section 501(c)3; therefore, a gift to the campaign is considered tax deductible to the extent allowable by law.
How much of my gift would actually go where I want it to go?
100% of each gift goes directly to the fund you designate. The West Georgia Technical College Foundation does not deduct any portion of the gift and ensures that the full amount is used only for the purpose you have specified.
How long is the campaign going to last?
The process began in June 2007 and will continue through December 2010.