The AIDB Foundation
Established in 1858, Alabama Institute for Deaf and Blind is the nation’s most comprehensive education and service program for children and adults with hearing and vision loss, serving more than 23,500 individuals from infancy through seniors from five campuses and eight regional centers.
AIDB is Uniquely Funded
State and federal law guarantees children and adults with disabilities the right to a free and appropriate public education. So by law, AIDB does not receive revenue from tuition or local taxes. More than ninety percent of operating funds for AIDB’s schools and services is provided through an appropriation from the Alabama Legislature. AIDB can not recover lost funding through tuition increases as colleges and universities do or through local tax initiatives.
AIDB is an Extraordinary Organization that is based on a Championship Culture
We are committed to giving the very best of our talents, skills and devotion – our championship spirit – to ensure that our students and clients become the champions they are meant to be! The support of a solid Foundation is essential to success.
The Alabama Institute for Deaf and Blind Foundation was created in 1980 as a 501 (c) 3 nonprofit organization created to encourage private support for AIDB’s charitable, educational, research and training programs. The Foundation provides funding for a vast array of programs and projects at AIDB including major construction and renovation of facilities, development of new and expanding programs and experiences in professional development, academics, student life, outreach, and the arts. The AIDB Hawkins Chapel and the Marianna Greene Henry Special Equestrian Arena are also funded through the AIDB Foundation. Endowment opportunities exist in seven major areas.
Endowments for Excellence
- AIDB Presidential Endowments for Excellence provide unrestricted income to enable the President of the Institute to address important issues wherever the need is greatest.
- The Academic Program Endowment provides income to make possible guest faculty and special programs, leadership series, artists-in-residence, student honors and achievement programs, and academic research.
- The Student Life Endowment makes possible student participation in field trips, summer camps, special weekend experiences, sports, extracurricular activities, recreation and the arts.
- The Learning Resource Endowment makes possible the purchase of more braille books, computer work stations for students who are deaf and blind, assistive technology and educational software for individuals with hearing and/or vision loss.
- The Institute Outreach Endowment supports AIDB’s Regional Centers, adult services, publications, seminars and conferences and off-campus and distance learning programs.
- The Human Resources Endowment funds faculty and staff professional development and employee recognition/development programs.
- The Marianna Greene Henry Special Equestrian Center Endowment funds support of the therapeutic and recreational activities provided by the program.
You can join our Championship Team through the AIDB Foundation!
Thanks to the support of private donors and corporations, the AIDB Foundation has generated resources for the development of the Kiwanis Memorial Athletic Field, Hawkins Chapel, the Marianna Greene Henry Special Equestrian Arena, Centers of Excellence in Science and Language, independent living centers, recreation facilities, dormitories, Regional Centers, a track for multidisabled runners – not to mention classroom and assistive technology, arts and music programs, educational field trips, a multitude of extracurricular learning experiences and endowments for the future.
Current opportunities for support include –
- The Annual Fund
- A new Music Hall at Alabama School for the Blind
- A new accessible Nursing Health Center as an addition to our Health Services Building
- Become a Race Fever event sponsor. Race Fever is our largest event fundraiser conducted every spring in partnership with NASCAR and Talladega Superspeedway.
Contact Lynne Hanner, Executive Director of the AIDB Foundation for information at 256-761-3206 or email us.
Ways to Give
Cash gifts are the most popular charitable gift. Gifts may be restricted to a designated program or project or used in an unrestricted fund, to be applied wherever the need is greatest. All gifts can be made in honor or in memory of a friend or family member.
You can also make a donation now online!
|In addition to cash – gifts of stock or property, planned giving through your will, creating a trust – these are all welcome contributions to our work. Gifts to the AIDB Foundation are tax deductible – your tax advisor can outline the specific advantages of any gift. Checks should be made payable to the AIDB Foundation. Our mailing address is P. O. Box 698, Talladega, Alabama 35161.|
Giving Stock and Property
Stocks, many bonds and certain other non-cash properties can make excellent gifts to the AIDB Foundation.
Gifts of appreciated property are ordinarily deductible up to 30 percent of your adjusted gross income with a five-year carry-over for any excess. Always check with your tax advisor to make sure that you understand your tax result.
Planned giving can be an important part of your overall estate plan allowing you to create a legacy for future generations. These gifts can reduce income, estate and gift taxes and reduce the cost of probate on your estate. You can also make a long-term gift to AIDB 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.
We would be happy to talk with you about creating a planned giving strategy or long-term gift that could benefit generations of children and adults who are deaf and blind. You might consider one or more of the following options:
A charitable remainder annuity trust is an irrevocable trust that provides you or someone you name with an income stream determined by you — not less than 5 percent — and that pays the remainder to AIDB at the end of the trust term.
A charitable gift annuity is a simple agreement involving a gift to AIDB in return for fixed payments for life. The payments are determined by age; the older a person is when he or she establishes a gift annuity, the larger the payment.
Gift annuities can also be structured so that payments are deferred to a later date. If you defer the beginning of the payments, the amount of the charitable deduction is increased as well as the size of the payment.
A charitable lead trust is yet another way to make a gift to AIDB using a trust. This trust pays income to charity for the term of the trust at a rate established by you. At the end of the trust, the property is either returned to you or transferred to individuals you name, as you choose. The charitable deduction and tax results of this trust are more complicated. You should consult with your tax advisor to see if a charitable lead trust might work for you.
You can help AIDB beyond your lifetime by remembering us in your will or trust. This is a thoughtful and widely-used method of giving that is appropriate for almost anyone. Gifts to the AIDB Foundation through your will can be for a specific dollar amount, an item of property, a percentage of your estate, or all or part of the residue after providing specific bequests for other beneficiaries.
When planning a gift by will, please use our legal name: The Alabama Institute for Deaf and Blind Foundation, Inc.
In some cases, life insurance no longer fills the same financial need for our families or ourselves as it did when we purchased it. If this is the case, you may wish to consider a gift of a life insurance policy to AIDB.
You may make the AIDB Foundation the irrevocable owner and beneficiary of a policy. This allows you an immediate income tax deduction based on the market value of the policy. You may also continue to pay the premiums on your policy. You would then be entitled to a charitable income tax deduction for the amount contributed to pay the premiums.
For AIDB, an endowment is similar to any sound investment and savings plan. The process begins when a friend of the Institute makes a gift or bequeath earmarked for one of our specific endowments. We invest those funds through the guidance and oversight of the Foundation’s Finance and Investment Committee, along with other gifts and existing resources, to insure the maximum total return on the investment. The return is a combination of interest, dividends and capital appreciation.
A portion of the total return of each endowment gift is then distributed according to our policy each year, and the remainder is reinvested. This reinvestment of a portion of the earnings provides protection against the eroding effects of inflation. Over time, the endowment should increase in value, thereby providing an increasing stream of future financial support. As our endowments expand through new gifts and prudent investment management, they will help to secure AIDB’s future by providing strength and stability.
Behind every endowment gift is a personal motivation — to honor a loved one, to help students, or to make a positive impact on society. Donors receive recognition for their gifts, and can even name their gift. But best of all is the knowledge that an endowment lasts forever. Since only the income is used and never the principal, you can know that you’ve made a positive and lasting difference in the lives of our students at AIDB.