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Named Gift Opportunities
Guidelines

Over the years, many friends of NIACC have chosen to provide assistance to the College and students through a contribution for a named fund or facility. A named gift opportunity sends a strong message to our students and people living in NIACC’s service area that an individual, business, or organization has loaned their name to the College’s effort to provide quality, accessible education and training to all who can benefit from our programs and services. Naming can occur in recognition of gifts of treasure, time, talent and commitment to and in support of NIACC. At the present time, over 50 endowed scholarship funds honor donors and the following Centers have been named after donors:

Muse-Norris Conference Center

Murphy Manufacturing Technology Center

John Pappajohn Business and Entrepreneurial Center

We invite you to consider the wide variety of opportunities and help the College address current needs and prepare for the challenges of the next century. You are also encouraged to work with the Foundation and College to create other naming opportunities that might be more closely aligned with your special areas of interest. All facility naming opportunities are subject to NIACC College Board approval and while these are guidelines; we welcome the opportunity to work with you directly to meet your particular interests, contribution level and timing. Please give us a call if you have an interest in reviewing the options in greater detail or planning your gift to help NIACC.

Suggested Minimum Investments

General Endowment Funds

 

Restricted (donor’s special interest)

$10,000

 

Unrestricted (used where the need is greatest)

$10,000

Endowed Scholarships

 

$500 annual scholarship (Partial Tuition)

$10,000

 

$1,000 annual scholarship (Partial Tuition)

$20,000

 

$2,250 annual scholarship (Full tuition and fees)

$45,000

 

$5,000 annual scholarship (Tuition, fees, books, room and board)

$100,000

Special Initiative Endowments

 

Alumni Association Fund

$10,000

 

Athletic Department Fund

$25,000

 

Faculty Development Fund

$50,000

 

Library Fund

$75,000

 

Innovation Fund

$100,000

 

Specific Programs

$500,000

 

Educational Divisions

$750,000

 

Teaching Position

 
 
  • Partial Position

  • Full Position

$500,000
$1,000,000

 

Auditorium

$1,000,000

 

New Instructional Program Development

$1,000,000

Existing Buildings

 

Student Dorms

$1,000,000

 

Student Apartment Complex

$1,000,000

 

Recreational Center

$1,500,000

Proposed Buildings

 

Agricultural Technology Center

$1,000,000

 

Student Apartment Complex

$1,000,000

Building Components

 

Auditorium Dressing Rooms

$50,000

 

Soundstage

$100,000

 

Classrooms/Laboratories

$100,000

 

Auditorium Gallery

$500,000

 

Gym

$500,000

 

Wrestling Room

$100,000

 

Suspended Track

$100,000

 

Library

$500,000

 

Student Activity Center

$500,000

The market value of an endowed fund is averaged over the preceding three years and five percent of that average is spent annually.


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NIACC Foundation
641-422-4386, or 1-888-GO NIACC ext.4386,  foundation@niacc.edu
North Iowa Area Community College, 500 College Drive, Mason City, IA 50401

www.niacc.edu

1 A gift to the NIACC Foundation ensures future generations success and strengthens the North Iowa region!
 
2 NIACC directly touches the lives of more people and families than any other institution in North Iowa... nearly 30,000 people each year!
 
3 91% of NIACC students stay in North Iowa.
 
4 A dollar invested in NIACC returns $9.80 to the community and your gift is tax deductible.
 
5 Direct economic benefit of NIACC equals 4,000+ jobs.
 
6 Private gifts have contributed significantly to NIACC's excellence in education for 85 years.