Establish a scholarship

One of the primary objectives is to provide and administer scholarship support for all students. You can make a difference by joining in this ambitious effort. Your generosity will improve access to higher education throughout the communities we serve.

Named scholarship endowments may be created with a gift of at least $15,000, which may be paid over five years. The amount of the scholarship awarded from the endowment income will vary from time to time depending on the amount of the gift, the investment rate of return, and tuition costs.

Non-endowed scholarships may be created with a gift of at least $500. Non-endowed named scholarships are disbursed in one or more installments and are not retained as permanent endowed funds. Scholarships are awarded in the amount and at time determined by the Foundation Board in cooperation with the Foundation office staff and the Scholarship Committee.

Named scholarship endowments may be created with a gift of at least $15,000, which may be paid over five years. The amount of the scholarship awarded from the endowment income will vary from time to time depending on the amount of the gift, the investment rate of return, and tuition costs.

Non-endowed scholarships may be created with a gift of at least $500. Non-endowed named scholarships are disbursed in one or more installments and are not retained as permanent endowed funds. Scholarships are awarded in the amount and at time determined by the Foundation Board in cooperation with the Foundation office staff and the Scholarship Committee.

Be a part of a lasting legacy

Join the Frank and Nancy Turnage Legacy Society. The Turnage Legacy Society honors those individuals who have included Germanna in their estate plans.

More ways to give

Financial support, in-kind gifts and goodwill form the bedrock for the success of thousands of local students

Cash

Cash gifts are the most common form of charitable gifts because they are simple and easy to deliver and may result in a charitable tax deduction for the year given. Donors can choose to make a one-time cash gift and/or fulfill pledges on an annual, semi-annual, or quarterly basis.

Securities

The Foundation accepts stocks or other securities as donations. By contributing a long-term appreciated stock or other security, you are helping secure the educational goals for students, and you may avoid capital gains taxes while taking a charitable deduction.

In-kind donations

The Foundation accepts equipment and personal property (artwork, automobiles, books) that can be of use to the college or sold quickly. It is best to contact the Foundation office to discuss a potential donation before planning to make such a gift. An appraisal for tangible personal property exceeding $5,000 in value must be obtained. The donor is responsible for the cost of the appraisal.

Tributes and memorials

These gifts are a great way to honor and pay tribute to an individual or celebrate an occasion, such as an anniversary, birthday or new family member. The Foundation informs the honoree (or their family) with a note (amount is kept confidential) showing that you care not only about them, but about the future of your community.

Real estate

Gifts of appreciated real estate such as a home, vacation property, or undeveloped land may be accepted. Gifts of this nature may allow a donor to avoid tax liability.

Payroll deduction

Employees of Germanna can enroll in payroll deduction. Contact the Human Resource Office or the Foundation Office.

Employee Payroll Deduction Form

Contact Us

Education Foundation

Educational Foundation
P.O. Box 1430
Locust Grove, Virginia 22508

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