All gifts are processed by the SOWELA
Foundation, a non-profit 501(c)(3) organization responsible for
receiving and administering private donations to benefit SOWELA
Technical Community College.
Cash, Check or Credit Card
donors choose to make an outright gift to the SOWELA Foundation with
cash, check or credit card. You may wish to make a one-time gift, a
recurring annual contribution or pledged payments made over a
three-to-five year period. All gifts will be acknowledged within one
week of receipt by the SOWELA Foundation.
must be made payable to the SOWELA Foundation as a non-profit
organization. Checks made payable to the SOWELA Technical Community
College cannot be processed.
Mailing Address: P.O. Box 16950, Lake Charles, LA 70616
Physical Address: 3820 Sen. J. Bennett Johnston Avenue, Lake Charles, LA 70615
Gifts of securities
to the SOWELA Technical Community College Foundation are encouraged and
SOWELA is grateful to Morgan Stanley Wealth
Management (Lake Charles) for waiving their fees to process your gift so that 100
percent of your contribution may be used for the purposes that you have
Instructions on how
to make a gift of securities are as follows:
||Morgan Stanley Wealth Management|
1450 William Street, 3rd Floor
Lake Charles, LA 70601
For the SOWELA Foundation’s official stock transfer information,
click here. Please contact SOWELA through mail, email, facsimile, or
telephone to establish the intended purpose of the gift (i.e. area of greatest
need, scholarship, etc.,) when the transfer is made.
Click here for the most common
questions and answers about giving securities, or if you have additional questions, contact Marianne White at (337) 421-6903 or
Donors may specify how their gift should be used, such as:
SOWELA grows and changes to meet the needs of the economy, it is
imperative that the College maintain adaptability to meet those changes.
Contributions made to the area of greatest need provide executive
leadership the flexibility that is often needed in decision making
regarding allocation of scarce resources.
may wish to create and name a NOW Scholarship by making a minimum
contribution of $1,000. Once the proceeds from the named NOW Scholarship
has been awarded to a student(s), the fund is depleted and the
scholarship ends. The donor, however, has the option of contributing to
the NOW Scholarship on a recurring annual basis to ensure that the fund
remains in effect.
Director of Institutional Advancement (EDIA) will work with the donor to
determine the criteria for awarding the named NOW Scholarship. For
example, a donor may choose to create the John B. Doe Scholarship in
Aviation for an entering student in a credit program from the
surrounding five-parish area. The donor may, instead wish to leave the
award criteria up to SOWELA’s Financial Aid office for determining the
donor may wish to create and name an Endowed Scholarship by making a
one-time or pledged contribution (payable over a period of up to five
years) of a minimum level of $10,000. Once the minimum endowment level
of $10,000 has been reached, the funds are invested for one year. After
one year, the interest earned from the funds may then be awarded to the
student(s). The principle will remain intact in perpetuity. Funds may be
added to the named endowed scholarship at any time.
EDIA will work with the donor to determine the criteria for awarding
the named endowed scholarship. For example, a donor may choose to create
the Jane P. Smith Scholarship for a student studying nursing with the
scholarship available during the duration of their studies as long as
they maintain an overall grade point average of 3.0 or higher. The donor
may, instead wish to leave the award criteria up to SOWELA’s Financial
Aid office for determining the award criteria.
Click on Scholarships to view the current list of funding opportunities available to students.
- Specific Department/Program
provides classroom instruction, hands-on training and field experiences
that are unmatched in many higher educational settings. As such, the
financial needs for supporting these programs vary according to
technology needs, equipment requirements, instructional costs, supply
SOWELA’s EDIA will work closely with the donor to
identify the area within the College that would best benefit from the
faculty to remain current in their specific field of study requires
that they take advantage of continued training opportunities by
attending industry-specific conferences and peer institution workshops.
Faculty also need access to industry-specific books, publications,
periodicals or other research. With state-appropriations being
continually reduced and with State of Louisiana employee travel often
times frozen, funding to support faculty development is imperative. In
addition, providing adequate financial support for faculty development
assists in recruiting and retaining competent and skilled instructors.
SOWELA’s EDIA will work closely with the donor to identify which faculty can most benefit from the generosity of the donor.
- Facilities with a Purpose (ACT 360)
May 2013, the Louisiana House of Representatives approved Senate Bill
204 (SB204), now called ACT 360 of the 2013 Louisiana Legislative
session, as a statewide initiative to improve Louisiana’s Community and
Technical College facilities, providing increased training capacity and
opportunities for students and business and industry partners throughout
The legislation authorizes financial and
construction of 29 facilities in the amount of $251.6 million. Of the
total cost of the construction projects, 12 percent or $34.3 million
must be provided from local private matching funds. Two of the 29
construction projects have been designated for SOWELA. The new Student
Services Building and the new Gaming, Hospitality and Tourism Management
Building, also home to the Culinary Arts Institute.
to serve as matching funds for ACTS 360 ensure that SOWELA benefits
from the $251.6 million in construction funding available. Since the
funding is being offered on a first-come, first-served basis, it is
imperative that the match be obtained as soon as possible.
may accept pledges for ACT 360 paid out over time, however, all
required funds to complete the construction project must be in hand
prior to being placed on the construction project list.
gift given to the SOWELA Foundation in memory of, in honor of, or in
special recognition of (birthday, anniversary, graduation, etc.) someone
is a generous and thoughtful remembrance of that person. When you make a
tribute gift, the honoree or family member is notified that the gift
has been given in their name. (The dollar amount of the gift is never
To make a tribute gift, simply include the tribute
information as an enclosure with the gift. Please include the
individual’s name, address, city, state, zip and the reason for the
tribute. In the case of a memorial gift, also include the family
member(s) name, address, city, state and zip that you wish to be
notified of the gift given.
employers sponsor a corporate matching gift program that allows you to
double, triple or quadruple the amount of your gift. Matching gift
programs are not always limited to the corporate employee; they are
often also available to widows/widowers of the employee and retirees.
The impact of your gift can grow considerably when tied to a matching
contribution from an employer.
If your company is a matching
gift employer, request that they provide you with a matching gift form.
Once you have completed the form and signed and dated where appropriate,
submit the form along with your gift to the SOWELA Foundation, P.O. Box
16950, Lake Charles, LA 70616.
To inquire about whether you or
your spouse are employed by a company that offers a matching gift,
contact your employer directly or speak to, SOWELA’s Executive Director
of Institutional Advancement, at (337) 421-6903 or email firstname.lastname@example.org.
gifts or planned giving is another way to support the SOWELA Foundation
and often enables the donor to make a larger gift than normally might
be made through annual income such as wages. A planned gift may be made
during one’s lifetime or at their death as part of an estate plan.
Planned gifts may come in the form of appreciated stock, real estate or
proceeds from a life insurance policy, an IRA beneficiary designation or
a retirement plan designation. It is important that the donor notify
the SOWELA Foundation of the gift to ensure that it will meet the
criteria of the Foundation’s Gift Acceptance Policy.
is encouraged to discuss the planned gift with a qualified charitable
gift planner or other professional advisor to determine the most
appropriate gift that will meet their needs as well as the goals of
SOWELA Technical Community College.
following language may aid you and your attorney in preparing your
bequest to the SOWELA Foundation for the benefit of SOWELA Technical
I, [name], of [city, state, zip], give,
devise and bequeath [written amount; percentage of the estate; specific
asset; or description of property] to the SOWELA Foundation, a nonprofit
corporation organized in accordance with the laws of the State of
Louisiana for the unrestricted use and purpose of supporting SOWELA
Technical Community College, an educational institution, located in Lake
The property comprising this gift may, for
investment purposes, be merged with any of the general investment assets
of the SOWELA Foundation. The gift shall be entered in the Foundation's
books and records as the [desired name of fund] Fund, and shall always
be so designated. The distributions from the fund shall be:
a) unrestricted, unless directed by a separate gift agreement; or
b) used to…[After consulting with the Foundation, include specific gift-use preference(s) here.] If,
in the judgment of the SOWELA Foundation Board of Directors,
circumstances change which renders the designated use of this bequest to
be no longer appropriate, the Foundation’s Directors shall direct use
of this bequest to further the mission of SOWELA Technical Community
College, giving consideration to the donor’s special interest as
evidence by the purpose described above.
Share your Plans
you choose to name the SOWELA Foundation as a beneficiary, please let
us know of your plans by contacting the Executive Director of
Institutional Advancement. This will enable us not only to show our
appreciation of your generosity, but also to include your support in
planning for the future of SOWELA.
are many naming opportunities for individuals, businesses and
corporations interested in attaching their name to a building,
laboratory, classroom, study area or other area. Current naming
|Student Success Building||$2,500,000|
|Culinary Arts Institute||$750,000 |
|Veterans Affairs Service Center||$250,000|
|Student Services Area||$200,000 |
|Aerobic and Fitness Area||$100,000|
|Multi-Purpose Meeting Room(s)||$35,000 |
|Study Area(s)||$25,000 |
Tax Benefits of GivingSOWELA
Technical Community College is a 501(c)(3) nonprofit organization with a
TAX ID of 58-1973743. If you itemize income-tax deductions on your tax
return, you may be able to take a tax deduction for the full value of
your gift. The annual charitable deductions you can claim for cash gifts
to public charitable organizations is limited to 50 percent of your
adjusted gross income. However, you can apply any unused deductions for
up to five more years, which gives you six full years to use the