Invest In On Point
On Point for College is financially supported by individual donations, family foundations, corporate donors and foundations, the United Way in Syracuse and Utica, national foundations, and local, state, and federal governments. We strive to be excellent stewards of the resources and trust that our investors place in us. We work hard to return the greatest impact possible for each dollar donated.
According to the federal government students who attend at least some college can expect a $250,000 increase in lifetime earnings (vs. individuals with only a high school diploma), while students who obtain bachelor’s degrees can expect a $970,000 increase in lifetime earnings. The increase in lifetime earnings of the students On Point for College and our investors have sent to college since 1999 is enormous.
Are you interested in becoming an On Point for College investor? There are a number of ways to give, including:
Ways to Give
Cash Gifts
Outright cash gifts are the most common form of giving to On Point for College. Your gift becomes immediately available to support the daily operations and unrestricted giving to On Point for College. The organization accepts cash, checks, credit cards, debit cards and online donations. The donor will be credited with the full amount of his or her cash gift - which may by tax deductible. Cash gifts can be made through our website here or by mail to:
On Point for College
Attn: Office of Development
488 W. Onondaga St.
Syracuse, NY 13202
Memorial and Tribute Giving
Gifts in memory of deceased friends and loved ones or gifts that honor living individuals are gratefully accepted by On Point for College. Such contributions are often used to reflect the special interests of the person honored. Any gift to On Point for College may be designated in memory of or in honor of a loved one. Memorial or tribute gifts can be made directly through our website here or, if you wish to setup a memorial or tribute giving program you can do so by contacting a member of our Development team.
Gifts of Appreciated Securities
If you own long-term securities that have appreciated in value, you may prefer to contribute securities to On Point for College rather than cash. In this way, there may be both capital gains and tax deduction benefits. If you wish to give a gift of appreciated securities, please contact a member of our Development team.
Legacy or Planned Giving
A "legacy" or "planned" gift is a gift given to a charity through a will, contract or trust. It is often deferred and usually spread out over an extended period of time.
Popular examples of Legacy or Planned Gifts include bequests of money, stocks or tangible possessions; as well as insurance policies and Charitable Gift Annuities.
Charitable Remainder Trusts
Charitable trusts can result in significant support for the work of On Point for College, while also securing your financial future and reducing taxes for you and your heirs. Through a charitable remainder trust, you can provide income for yourself or a loved one and benefit the School as well. You specify the amount of payments to be distributed (at least 5% per year), to whom payments are to be paid, the duration of payments (a period of years or the beneficiary's lifetime) and the charity that will receive the remainder. The trust may be set up for the lives of the beneficiaries or for a term of up to 20 years.
Charitable Gift Annuities
A charitable gift annuity is a simple life income agreement between a donor and On Point for College. In exchange for your gift of cash or negotiable securities only, you receive fixed payments for your lifetime and/or the lifetime of another person. You may be entitled to a partial tax deduction in the year of the gift, and a portion of each payment is tax-free for a period of years as well. The size of the payments is based on the amount of the gift and the annuitant's age. Gift annuity plans start at $10,000, and are restricted to donors 65 years and older.
Gifts of Life Insurance
Life insurance may be an especially attractive gift vehicle if you own a policy that is no longer needed for its original purpose. In addition, those who qualify for low-cost premiums may find it more affordable and convenient to plan a significant gift to On Point for College using life insurance. By naming On Point for College as the owner and beneficiary of a life insurance policy, the donor may be entitled to an immediate tax deduction for the accumulated cash value of the policy (if any) and a future deduction for any subsequent premiums that he or she pays.
Matching Gifts Program
Find Out If Your Company Participates.
Make your donation go farther. Many companies encourage employees to donate to their favorite charities by matching their contributions, sometimes dollar-for-dollar or more.
To find out if your company will match your donation to On Point for College, please contact your employer’s Human Resources Department.
If your company is eligible, request a matching gift form from your employer and send it completed and signed with your gift. We will do the rest. The impact of your gift to On Point may be doubled or possibly tripled! Some companies even match gifts made by retirees and/or spouses.
How Do I Apply for a Matching Gift?
Obtain a matching gift form and program guidelines from your human resources office.
Fill in the Employee section of the form and send it On Point for College along with your donation or, if you've made your contribution online, simply complete the form and mail to:
On Point for College
Attn: Office of Development
488 W. Onondaga St.
Syracuse, NY 13202
We will complete the form and forward it to your employer's matching gifts office for processing. The company will send its matching donation directly to On Point for College.
Some companies disburse matching gifts on a quarterly or yearly schedule. To reduce administrative expenses, On Point will not forward a notice to employees when matching contributions are received. If you ever have a question about your company's matching donation, contact your human resources department.
Turn your $100 donation into $200 without any additional money from your wallet! Many area companies whether small or large, will match your charitable contribution through their matching gifts program.
On Point for College is a licensed 501©3 not-for-profit, and all donations are tax deductible. On Point for College will also honor investors’ wishes to remain anonymous if indicated with donations.
To learn more about any of the above opportunities or discuss how you can contribute to On Point, please contact us here.