Your gift of real estate helps MGCC build a better community
About the Foundation
The Mountain Gateway Community College Real Estate Foundation, Inc. is a Virginia nonprofit, non-stock corporation that furthers MGCC’s mission through the sale, development, and leasing of property. It is legally separate from the college and from the MGCC Educational Foundation, MGCC’s philanthropic arm.
The Foundation was incorporated in May 2019. It is guided by its Board of Directors, who make community leaders from real estate, banking, and education.
The Foundation is a tax-exempt, 501(c)3 non-profit, charitable organization. Gifts to the Real Estate Foundation are tax-deductible under Section 170 of the Internal Revenue Service Code and may be designated as restricted or unrestricted by donors. The Guidestar Profile is located here.
What We Do
The MGCC Real Estate Foundation accepts gifts of property to the college and manages properties it owns to provide the highest possible return for the college. All funds are used to support MGCC programs and students through the renovation of existing facilities and construction of new facilities.
Direct donations to the Real Estate Foundation can be made at the following link:
The Board of Directors
Dr. John Rainone, MGCC President, Board Secretary
Ms. Angela Graham, MGCC Vice-President
Ms. Michelle Austin, Bank of Botetourt, MGCC Educational Foundation, Board Treasurer
Ms. Amy Phillips, MGCC Educational Foundation Executive Director
Mr. Kyle Keyser, retired educator, Past MGCC Local Board, Board Chair
Captain Tony McFaddin, Rockbridge County, MGCC Local Board
Mr. John Stone, MGCC Educational Foundation Board President
Ms. Donna Vaughn, retired educator, MGCC Educational Foundation Board
Mr. Steve Vaughn, MGCC Local Board
Ms. Janie Harris, Broker/Owner, James River Realty
For more information, contact Dr. John Rainone at 540-863-2827 or firstname.lastname@example.org