Farmingdale State College is assisted through revenue from New York State; however, as a percentage of total revenue, that assistance is approximately 30%. The balance is funded through tuition, fees, grants, and private donations. We must rely on our donors to allow us to provide the best educational experience possible for our students.

Ways to Give

Cash gifts provide the Foundation with flexibility to use donated funds as needed for the purposes for which they have been pledged. These funds are often designated by donors to support faculty teaching and research initiatives, scholarships, athletics, and other mission-driven priorities of the Foundation.

Endowments can serve as a permanent legacy and a lasting tribute, providing support for the Foundation over a period of years and even generations. These endowments are invested and a portion of the income generated by the investment is designated for the purpose selected by the donor.

Many individuals leave a percentage of their estate to charitable causes. The Foundation can help create a personal legacy which can also provide exemptions from federal estate taxes.

The donation of private, commercial or agricultural property is also an ideal way to give. If one’s property has decreased in value, one may consider selling it and contributing the proceeds to receive both a capital loss and a charitable gift deduction.

The donation of stocks and bonds can be ideal for giving, as these are frequently consid¬ered appreciated assets. If an asset has been held for more than one year, its fair market value can often be deducted by up to 30% of one’s adjusted gross income, thus eliminating a portion of capital gains tax from its transfer to the Foundation.

The Farmingdale College Foundation offers Associate Membership to businesses and individuals in the corporate and professional community who are interested in part¬nering with Farmingdale State College.

There are four levels of membership, each with its own unique benefits, including invitations to networking events as well as access to Foundation seminars and programs. For more information about the Associate Membership Program, please call 631-794-6225.