What is the Annual Fund?
The role of the ANNUAL FUND in Spartanburg Methodist College’s success is vital. It is the core of SMC’s philanthropic programs, providing an expanded base of financial support in unrestricted gifts year after year. It would take an additional $20 million in endowment to achieve what was provided last year by ANNUAL FUND donors.
How is the money used?
Unrestricted gifts to the ANNUAL FUND enable the College to meet the day to day, and sometimes extraordinary, costs of operating a superior small college. Contributions benefit every SMC student and faculty member by providing essential resources for a variety of expenses. This support allows the College to:
- Provide scholarships for the more than 90% of students who receive financial aid each year;
- Support faculty research and professional development;
- Enhance student life; transfer advisement, and career services programs
- Add books, periodicals, and other research materials to the library
- Upgrade campus technology; and
- Maintain SMC’s facilities and grounds.
Why should I give to the SMC ANNUAL FUND?
A donation to make a significant difference in the futures of young people is tremendously rewarding. The financial gift that you contribute will help deserving students achieve their dream by providing an education upon which to build successful careers.
Forever…You will positively influence the future of a talented young person.
How can my modest gift make a difference?
Every gift to the ANNUAL FUND, regardless of the size, has an immediate and meaningful impact on the Spartanburg Methodist College community. Here are just a few examples of what your ANNUAL FUND gift can provide:
- $25-a soft-cover book for the library
- $50-a carton of beakers for the science laboratory
- $150-software for the computer lab
- $300-one week’s wages for 10 students participating in SMC’s work study program; and
- $1,100-a classroom computer.
We ask you to make a gift to the SMC ANNUAL FUND
Gifts to the ANNUAL FUND help meet the College’s operating costs, as only 70-75 percent of this year’s $8.8 million operating budget will be covered by tuition and fees. Your gift will help to sustain Spartanburg Methodist College’s strong legacy of providing financial aid for bright students.
Ways to make Annual Fund Gifts
The ANNUAL FUND campaign coincides with the calendar year, January 1 through December 31. To make your giving easier, we are pleased to outline several methods of making a gift:
Simply mail your check, made payable to Spartanburg Methodist College, to:
Spartanburg Methodist College
Office of Institutional Advancement
Attn: Don Tate
1000 Powell Mill Road
Spartanburg, SC 29301
You can divide your gift into monthly, quarterly, or semi-annual installments. Simply let us know how much you wish to contribute per installment, and we will notify you when each payment is due.
SMC gratefully accepts gifts by Visa, MasterCard, or American Express. To make your credit card gift by phone, please call us at 864-587-4210.
You can have your gift automatically drafted from your bank account to SMC according to a payment schedule you choose. For more information, contact your bank’s Customer Service Department or call us at 864-587-4210.
Gifts of Appreciated Securities
Gifts of appreciated stocks, bonds, or mutual funds can provide special tax advantages. For instructions on transferring securities, please call the Director of Development at 864-587-4227.
Many companies will match employee gifts to institutions of higher education. A corporate matching gift can double or even triple the value of your gift! To find out if your company has a matching gift program, please contact your Human Resource Office or call us at 864-587-4227.