Providence
Bible College &
Theological Seminary Building the Kingdom of God Through Christian Education
Checks and Credit Cards
Checks are the most common form of gifts. Visa, MasterCard, and Discover cards may also be used to make gifts to PBC&TS.
Matching Gifts
If you or your spouse work for a company that matches gifts to colleges and universities, your gift to Providence Bible College & Theological Seminary can be doubled or tripled. Many subsidiaries of parent companies are also eligible. Retired employees often qualify as well. Simply obtain a matching gift form from your personnel office, follow the instructions for initiating the match, and send the completed form with your gift.
IRAs
Current legislation allows gifts of up to $100,000 to non-profit organizations to be made from an Individual Retirement Account (IRA) on a tax-free basis. Donors age 70 ½ or older can take advantage of a direct transfer to a charity, such as Providence Bible College & Theological Seminary. If a portion of your financial assets is invested in an IRA, this is an ideal time to contribute to an endowed scholarship.
Gifts-in-Kind
Contributions of goods or services are Gifts-in-Kind. The donor receives credit for the fair market value of the gift. In-kind gifts must be approved by Providence Bible College & Theological Seminary before transfer.
Appreciated Stock/Securities
Appreciated stocks and securities make excellent gifts. When such assets have appreciated significantly, the capital gains tax is avoided by gifting. The current value is the tax-deductible value of the gift.
Endowed Funds
Some individuals choose to honor family or friends, or support Providence Bible College & Theological Seminary programs by establishing endowed funds for student scholarships or other purposes. The income from these invested funds provides annual support for the designated program. An endowed fund may be created at any level. The minimum $25,000 for a named scholarship endowment is set.
Ways To Give:
Checks & Credit Cards;
Gifts in-Kind;
Matching Gifts;
Planned or Deferred Gifts;
Appreciated Stocks / Securities
Endowed Funds
Capital Funds
IRAs
Wills
Planned or Deferred Gifts:Number of vehicles available to donors who would like to make more significant gifts by using deferred means. Details about each vehicle are available by contacting Dr. Bob Filer.
Such vehicles include:
Include PBC&TS in Your Will
Estate gifts are the ultimate expression of commitment and dedication to Providence Bible College & Theological Seminary. If you have already included PBC&TS in your will or are contemplating your estate plans please contact Dr. Bob Filer at 757-625-7996 or filer@pbcts.edu.
Capital Funds
At various times Providence Bible College & Theological Seminary conducts special campaigns for capital gifts. Gifts designated for capital purposes may be made at anytime, even when a campaign is not in progress, is invested in an IRA, this is an ideal time to contribute to an endowed scholarship.