Foundation Gift Fee

A fee of 5% is charged on all restricted gifts. These include all gifts designated to a specific initiative, an annual or endowed scholarship, or an annual or endowed program fund. Unrestricted gifts made to the Foundation are not assessed a gift fee.

What is the Foundation's gift fee?

The fee on restricted-purpose gifts is our cost of being accountable to you and our other donors. This accountability includes our commitment to provide timely gift receipts, accurate records and accounting of funds, an annual independent audit of our financial statements and processes, and efficient disbursement of gift funds to students and programs at the College.

Why does the Foundation have a gift fee?

The gift fee allows the Foundation to reduce its reliance on direct funding for its operations from RCC, thus freeing College funds for education. Gift fee revenue is directly related to the Foundation's cost of doing business. Effective fund-raising requires deployment of financial resources to cover direct costs of soliciting, processing, and accounting for donated funds. As gifts to benefit RCC increase, the costs of gift receipting, accounting, monitoring and disbursement increase.

How often does the gift fee change?

In order to assure budgetary and financial stability, the Foundation Finance & Investment committee reviews the gift fee on a regular basis to determine if adjustments are needed.

 

About Us


The Rogue Community College Foundation is a non-profit organization founded in 1980 to serve the needs of Rogue Community College and RCC students. The Foundation was created to receive and administer donations to:

  • Endowment funds
  • Scholarship funds
  • Special college projects
  • Fundraising

Contact Us


RCC Foundation
Rogue Community College
3345 Redwood Highway, Building H
Grants Pass, OR 97527
541-956-7327
rccfoundation@roguecc.edu
Fax: 541-471-3591
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© 2019 Rogue Community College Foundation