Frequently Asked Questions
Frequently Asked Questions
MTC Development Office
Q. Why does Midlands Technical College need to raise private dollars?
A. Midlands Technical College (MTC) is fortunate to receive steady support from the state, its counties, student tuition and federal funds. However, current levels of funding are not sufficient to keep pace with the challenges of global competition and swiftly changing technologies. Funding sources are not expected to grow in proportion to MTC’s enrollment and advanced technology needs. Gifts to MTC help to establish the critical margin of resources the college needs to advance the high-quality services it provides to the Central Midlands.
Q. Is the Foundation seeking pledges?
A. Yes, pledges enable donors to realize optimal tax savings and to make a more significant investment in MTC than might be possible with a one-time cash donation. The Foundation accepts over a five-year pledge period. All gifts will be gratefully received and properly acknowledged.
Q. What are the Foundation’s major areas of interest?
A. The MTC Foundation actively supports the long-term plan of Midlands Technical College by providing scholarship support for our students, instructional and professional development support for faculty and staff, and facilities support.
Q. How will my contribution be used?
A. Your contribution to the MTC Foundation will support the college’s commitment to providing quality education at a reasonable cost. If you prefer, your contribution may be designated for a particular purpose.
Q. Are named giving opportunities available?
A. Yes, there are opportunities to make investments in memory of or to honor someone. A list of naming opportunities is available and these opportunities should be discussed with Tom Schlictman, MTC Director of Development, at (803) 822-3034.
Q. In what form may donations be made?
A. Donations may be made in the form of cash, securities, personal property or other designated pledges. We urge donors to discuss investments with their tax consultants or financial advisors, as well as with Tom Schlictman, MTC Director of Development, to determine the kind of donation that will best suit their personal circumstances and most benefit them as well as the college.
Q. Is a contribution to the campaign tax deductible?
A. Yes, the MTC Foundation has tax-exempt status under section 501(c)(3), therefore a donation is tax deductible to the extent allowed by law.