The North Carolina School for the Deaf at Morganton (N.C.S.D.) was established in 1891 and serves as a day and residential school for the education of children who are deaf and hard of hearing. The school is located on a beautiful and historic 160-acre campus in Morganton, North Carolina.
The North Carolina School for the Deaf at Morganton Foundation, Inc. is a 501(c)(3), nonprofit organization. We work cooperatively with, but are governed independently from, N.C.S.D. The Foundation Board consists of alumni, parents of students and graduates, educators, business and community leaders, interested private citizens, and a liaison from the school administration.
Our Vision and Belief
“All deaf and hard of hearing children have unlimited potential.”
The Foundation Board members dare to imagine that there are no limits to what deaf and hard-of-hearing students can achieve. Our vision is to encourage and develop financial support to help close the gap between the shrinking availability of public dollars and the increasing need for more effective ways to enrich deaf education enabling our deaf students to realize their unlimited potential.
Enhancements take many forms. Some examples are educational equipment and other classroom needs, special academic projects, life-skills and educational field trips, athletic equipment, and dorm-living support. Individual student funding may be granted for college scholarships or other appropriate training needed for work placement.
The financial support needed to implement the Foundation's plan is enormous. We need to close the gap between the shrinking availability of public dollars and the increasing need for more effective ways to enrich deaf education.
You play a vital role in helping N.C.S.D. students achieve lives commensurate with their potential.
You can join us in this mission by making:
Loyalty Fund Donations
Cash gifts are the most popular charitable gift. You can deduct cash gifts to the Foundation up to 50% of your adjusted gross income, as long as you itemize deductions on your federal income tax form. Any deductions exceeding the 50% limit are eligible for a five-year carry-over. Stocks, many bonds, and certain other non-cash properties can make excellent gifts to the Foundation.
When securities (and other qualified properties) have increased in value and have been held for at least a year and a day, you can usually enjoy greater tax savings by giving the property itself rather than giving the equivalent amount in cash.
The Gift That Keeps Giving
Endowed giving is designed to provide a large and long-term base of constant support for the quality enhancement of the North Carolina School for the Deaf at Morganton.
Endowment giving is a way to set up permanent funding; therefore it is truly the gift that keeps on giving. Endowment giving is also a permanent naming opportunity and can be established to reflect the name of the donor(s) or someone they wish to honor. The endowment minimum can be set up to be payable over a period of five-years.
The North Carolina School for the Deaf at Morganton Foundation Loyalty Fund makes it possible for alumni to support the school with their annual gifts. Each class can support one need-based scholarship for every $500 donated by and awarded in the name of that class. In addition to scholarships, classes may choose to fund facility and classroom needs, technological innovations, and special academic projects. Every class has the opportunity of giving to multiple projects, and their contributions will be recognized on a Loyalty Display at the school. Giving through the Loyalty Fund makes alumni support of the school a more personal and meaningful experience.
Your tax-deductible contribution to the N.C.S.D. Foundation may be designated in memory of an individual or to honor a special individual or event such as an anniversary or retirement.
Planned giving can be an important part of your overall estate plan. These gifts can reduce income taxes, reduce estate and gift taxes and reduce the cost of probate on your estate. If gifts are made with property that has increased in value, you may also avoid capital gains taxes on the appreciation of the property. You can also make long-term gifts by donating money or property to us and retaining the income or other benefits for as long as you live, or for the life of another beneficiary you name.
The Foundation's ability to offer scholarships is important in enabling many academically able students to pursue post secondary education who would otherwise be unable to do so because of personal circumstances. Scholarships also allow hard work to be rewarded. Endowed scholarships are naming opportunities established by a donor(s).
An agreement for endowed scholarships is established by the donor to determine the quantity, amount of the scholarships, application requirements, and renewability based on the earned income of the permanent principal invested.
The N.C.S.D. at Morganton Foundation has plans to build a 76-unit retirement community at the intersection of Burkemont Ave. and Fleming Dr. in Morganton. This would be an independent living retirement community for deaf, hard of hearing, and deaf-blind individuals.
This community would offer affordable housing for rent to seniors, offering a wide range of amenities and support through a community that offers communication and security technologies to this population. The mission of this community would be to offer a safe and socially fulfilling life style to deaf seniors. This community would also offer employment opportunities to the deaf and hard-of-hearing population in this area. The community would support N.C.S.D. at Morganton and its students both financially and through volunteer help.
The lease for the nine-acre tract of land was brought before the Council of State, and the lease was approved. The City Council of Morganton has issued a resolution supporting this project. The foundation has the support of the community and has spoken with the Secretary of Commerce for the State of North Carolina.
A survey and questionnaire provided to the older deaf community of the state shows enough interest to justify pursuing this project. The senior housing communities for the deaf in the United States are very limited. Older deaf and hard of hearing adults are most times isolated in retirement centers with very limited or no communication.
A barrier-free combination community/dining room with a closed captioned HDTV system to display large text would be a gathering place for social events. A meeting room that employs a built-in hearing aid loop system could tie into the television's audio so hearing impaired individuals could enjoy television with sound.
The estimated cost for the retirement community is between seven and nine million dollars.
If you wish to donate to this project, please make your check payable to N.C.S.D. Foundation. Designate Retirement Center and mail to our post office box in Morganton.
The North Carolina School for the Deaf at Morganton Foundation, Inc. is a 501 (c) (3) nonprofit organization. Your contributions are fully deductible to the extent provided by law.
Please consult with your tax advisors regarding your specific situation.
For more information about how you can help with your tax-deductible gift or how to include the N.C.S.D. at Morganton Foundation in your estate planning contact us at:
P.O. Box 1397
Morganton, NC 28680
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