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Gifts impact LRSC students

By   Doug Darling

The season of giving is upon us and right now a matching grant through the state allows your gift to grow and make an even larger impact.

Nothing can be more inspiring than the gift of a scholarship. Scholarships validate one’s ability, create opportunities for students to focus on studies, reward academic accomplishment, recognize leadership, and make college more affordable.

College costs can be a barrier, but costs at Lake Region State College are much lower than other regional universities. A student who lives at home, earns their associate’s degree at LRSC and then transfers to a university to complete a bachelor’s degree saves almost $19,000.

An endowment is a gift that lasts forever. Only the earnings are used to fund scholarships, program support, or other needs the donor requests in his/her donor agreement. A program endowment enhances student learning and helps programs respond to industry needs. These gifts create classroom innovation and provide equipment to enhance student learning.

Now is the perfect time to enhance lives and receive maximum impact with your investment. Qualified gifts and pledges received before December 31, 2018, can grow 50 percent stronger when matched by the legislatively funded North Dakota Higher Education Challenge Fund. A pool of $200,000 is reserved for LRSC’s Foundation to claim -- $1 match for every $2 of qualifying gifts. Matching funds may also be claimed for pledge commitments. Gifts of stock, real estate, and irrevocable-gift bequests may also be accepted and matched.

North Dakota taxpayers also can qualify for a 40 percent tax credit for gifts to permanent endowments managed by LRSC’s Foundation. Individuals must gift $5,000 in a year to qualify.

We change lives at Lake Region State College. Now, you can, too.

For more information, call us at 662-1520.

Warmest holiday wishes,

Doug Darling