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Frequently Asked Questions
We invite you to learn more about the Cerro Coso College College Annual Fund
by reviewing some of the most frequently asked questions of staff and
volunteers:
Question: What is the Annual Fund?
Answer: The gifts that alumni, parents, and friends of the College
make in response to yearly requests for support comprise the Annual Fund.
Annual giving is a way in which the largest number of college constituents
is able to support Cerro Coso College. The Annual Fund includes unrestricted
gifts and gifts restricted for current operations. Gifts to the Fund are
expended in the fiscal year in which they are received.
Question: How is the Annual Fund used?
Answer: Annual gifts help support the operating budget. They provide
vitally needed resources for academic programs, scholarship support,
equipment and materials purchases, computers for labs, student services, as
well as academic and co-curricular programming and activities. Cerro Coso
College depends on annual gifts for an important part of its budget.
Question: How can my gift make a difference?
Answer: Every gift counts toward increasing our participation rate.
By making a gift, the donor is choosing to take an active role in the life
of the College. Each gift has immediate impact. Consider this: Every dollar
given to the Annual Fund equals the spendable income that $20 in the
endowment generates. Alumni giving serves as an important measure by which
foundations gauge alumni involvement and satisfaction. Foundations often
consider alumni participation rates when making major gifts to colleges and
universities. Just as important, college guidebooks such as Barron's, Fiske,
and U.S. News & World Report use alumni giving participation rates as the
sole criterion to assess alumni satisfaction when determining overall
institutional ratings of quality.
Question: What are matching gifts and will my employer match my gift?
Answer: Matching gifts are dollars matched by employers in response
to charitable contributions made by employees. Retirees, as well as spouses
and domestic partners of employees often are also eligible for corporate
matching gifts. To find out if your employer is a matching gift company,
please contact your personnel or human resources office. To have your gift
matched, complete a matching gift form and return it, along with your
contribution, to the Office of Annual Giving. Matching gifts can help you
qualify for Annual Fund Recognition Clubs.
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