5901 College Road
Key West, FL 33040
Cash gifts make an immediate impact and enhance scholarship and program support. The college is especially grateful for gifts of unrestricted cash because they allow flexibility when needs arise for which other funds have not been allocated. These gifts, which are usually paid by check, should be made payable to the CFK Foundation.
These include gifts from wills, trusts and life insurance. Through these deferred gifts, individuals can ensure the continued strength of The College of the Florida Keys. Such gifts enable the college to make long-range plans in support of its academic mission and goals.
Based on available funds, the State of Florida ‘s matching gift programs serve as a fine incentive to donors who wish to give to the college. Many corporations have matching gift programs for their employees and retirees. Please contact the foundation for current details on matching programs.
Named Gift Opportunities
The foundation offers many opportunities to those who wish to associate a family name or the name of a respected individual with the college. Significant gifts may provide an opportunity to name a building or facility at the college in accordance with the donor’s wishes. An outright gift or planned gift may be used to create a named-endowment fund, which in perpetuity will honor and memorialize the names placed on it.
Gifts of cash, securities, real estate or tangible property with intelligent planning often result in greater benefits for the donor, the donor’s family and CFK. All outright gifts are tax deductible and, if made from capital, have the potential of reducing taxes. Gifts and pledges may be unrestricted or earmarked for programs and purposes chosen by the donor.
A commitment to the CFK Foundation may be paid over a period of from one to five years. The periodic payments may be made in the form of cash or appreciated property, such as securities. Many people find that by spreading payments over a period of time, they can make a larger commitment.
Securities, Real Estate, and Tangible Personal Property Held Short-Term
Gifts of securities, real estate and personal property (related or unrelated to CFK’s educational purpose) held less than a year are deductible at their cost basis.