Donations by cash or check are available for immediate use by the Foundation and are always welcome. Checks should be made payable to the CM Education Foundation. Checks can be mailed to:
CM Education Foundation
C/O Roger Philippon
1250 Turner Street
Auburn, ME 04210
Online Monthly Automatic Payment - Yearly
Recurring monthly automatic payments for the year ensure you continue to help students without having to remember to donate monthly. Payments are taken through PayPal and require a PayPal account. Looking to simply make a one-time payment online? Click here!
|Monthly Donation Amounts
For a minimum contribution of $5,000, the Foundation can establish an endowed scholarship in the benefactor’s name.
Gifts of securities—stocks, bonds, treasuries, and mutual funds that have increased in value—can be a way to make meaningful gifts that result in an income tax deduction and eliminate capital gains to the extent allowed by tax law. Please consult your financial advisors before giving securities.
Charitable Gift Annuities
If you are 60 years old or older, a gift of highly appreciated or non-performing securities to create a charitable gift annuity can provide you with a much higher, fixed return on investment. A deferred gift annuity provides a wonderful opportunity to increase retirement income, reduce taxable income and make a gift to the CM Foundation.
A bequest to the CM Foundation is easy to do and you can make a substantial contribution without diminishing assets during your lifetime. Since bequests are deductible from an estate, there is also the potential for significant estate tax savings.
Your gift of an existing life insurance policy to the CM Foundation could provide you with a charitable contribution for the present cash surrender value. Gifts made for premiums paid after the transfer are also tax deductible.
Gifts of tangible personal property may provide you or your business with charitable tax deductions. Some examples might include works of art, rare books, paintings, musical instruments, antiques, office furniture, machinery, etc.