The Foundation established in 2000, is a non-profit corporation
organized under the laws of the state of West Virginia, exclusively
for charitable, scientific, literary and educational purposes, as
follows: to support, encourage and assist in the development and
growth of the Eastern West Virginia Community and Technical College
and all phases of its program(s), to render service and assistance to
the College, and through it to the citizens of the surrounding
communities. The Foundation has a 501 (c) (3) tax exemption under the
The Eastern West Virginia Community and Technical College
Foundation, Inc. will not sell, trade or share donor's personal or
contact information with any other organization. Donor names may be
published in Eastern West Virginia Community and Technical College
Annual Report and foundation communication materials and media,
unless a donor chooses for his/her name not to be listed and so notes
in writing to the Eastern West Virginia Community and Technical
Board of Trustees
- Oscar BeanPresident
- Jonathan Brill
- Brandon Combs
- Jim Cookman
- Della Davis
- Janet FryeTreasurer
- Greg GreenwaltEx Officio Board of Governors member
- Anne Jones
- Charlie MaddyVice President
- Kelly Williams
- Angie Zirk
Why does Eastern need private support?
Many people have the misconception that
community and technical colleges are completely funded by the state.
Eastern is a state-assisted, not state-supported institution. In
2016, West Virginia provided just 33% percent of Eastern's annual budget,
shifting the burden to students who can often least afford a college
What are my options for giving?
The Eastern West Virginia Community and Technical College Foundation
receives gifts from individuals, corporations, and foundations. These
gifts may be cash given through an annual gift or pledge. Other
methods of giving include stock, personal property, and real estate.
Charitable trusts, gift annuities, bequests and provisions, and paid
up life insurance policies are examples of deferred gifts. Click here to see how you can support Eastern.
What is an endowment?
An endowment is an account where the interest
earned from the principal provides a permanent source of funds for a
particular purpose at the College. Interest may support a
scholarship, faculty professional development, equipment purchases or
special projects. Because an endowment's principal is never spent,
endowed funds create financial stability which allows Easter to be
less dependent on unpredictable sources of revenue, such as
government support or grants. Eastern's endowment funds are
professionally invested and managed by the Foundation.
May I designate how my gift will be used?
Yes! You may designate your gift to support
departments, programs, projects, or you may choose to establish a
scholarship fund to support specific types of students. You may also
opt to leave your gift unrestricted, which means support will be
given to the areas of greatest need.
What is the difference between unrestricted
and restricted gifts?
Unrestricted gifts provide funds to Easter
that are not restricted to specific program uses. These gifts provide
resources for scholarships, incentive grants, faculty and staff
professional development, and special projects. Restricted gifts may
only be used for the specific purpose set by the donor or the endowed
fund. Examples of restricted gifts are endowed scholarships, endowed
program funds or capital improvements funds. Eastern welcomes both
restricted and unrestricted gifts. Unrestricted gifts are especially
important and will provide flexibility to support areas of greatest
Are all gifts tax deductible?
Gifts to the Eastern West Virginia Community
and Technical College Foundation are fully tax deductible to the
extent allowed by law. Consult with your tax attorney or financial
adviser for more information.
Can I receive a tax deduction for equipment
or supplies donated to Eastern?
Yes, the Foundation will provide the College
department or division you wish to make the in-kind donation to
an Educational Foundation In-Kind Donation Form to be completed by
the donor. For IRS purposes, the value of the donation must be set by
the donor. The Foundation and the College may not offer values for
What are the potential tax and income
benefits of giving to the Foundation?
Donors to the Foundation may benefit from:
- Income savings through a charitable deduction for the value of
the gift based on the donor's tax rate.
- Avoidance of capital gains tax on gifts of appreciated
securities and /or property.
- Life income for themselves and/or others through planned gifts.
- Elimination of federal estate tax on the value of a gift passing
to the Educational Foundation under a will or revocable trust.
Please note that these benefits apply in specific ways and may not be
applicable to all gifts. Consult your attorney or financial advisor
for more information.
How is the Foundation governed?
The Educational Foundation is governed by a
board of directors that supports the college's educational
initiatives through annual and capital programs.
What is the Foundation's fiscal year?
The Foundation's fiscal year is July 1st
through June 30th.
The purpose of the Eastern West Virginia Community and Technical
College Foundation, Inc. (the Foundation) is to support the college's
mission by securing funds for scholarships, faculty development and
capital projects; enhancing the community's awareness of the college;
and providing prudent fiscal management of monies and properties
submitted to the Foundation.
While the Foundation encourages faculty, staff and organizations to
seek money, items, or services from the community that will improve
the college, it is important to note that asking the public to
support Eastern requires an orchestrated effort on all of our parts.
For instance, before you approach your potential contributor you need
to know if someone else at Eastern has already approached them for a
different project. Soliciting a potential donor for two or more
different efforts will immediately produce a negative donor response.
By making the Foundation aware of your plans, the President will be
able to coordinate the various fund raising efforts, and help ensure
your efforts are successful. Additionally, the Foundation has a
different tax status than the college. This means that donors may
receive a tax deduction for their donation, which is a very
attractive and persuasive opportunity for the donor.
Before engaging in a fundraising effort please note
and comply with the following:
- Please complete the following "Fund Raising Proposal" form and
send it to the Foundation, Inc. before beginning a fund raising
effort. Once your effort is finished, please complete and send in
the bottom portion of the form.
- Eastern President will assist any faculty, staff, students and/or
organizations with their fund raising efforts.
- Any gift received must fit within the guidelines of Eastern West
Virginia Community and Technical College Foundation Gift Acceptance
Policy on the pages following the proposal form.
- All donations should be made in the name of the Foundation.
Please advise donors that their gifts are tax-deductible, within the
limits of the IRS regulations, and that they will receive an
official gift receipt letter from the Foundation, Inc. upon receipt
of their gift. (Note: The Eastern West Virginia Community and
Technical College Foundation is 501(c) (3) not-for-profit
organization and the tax identification number is 55-0773642).