Please see for reference the IRS publication 526 - http://www.irs.gov/pub/irs-pdf/p526.pdf
the Kansas City Metropolitan community college is a qualified Organizations to Receive Deductible Contributions - see page 3:
A community chest, corporation, trust, fund, or foundation organized or created in or under the laws of the United States, any state, the District of Columbia, or any possession of the United States (including Puerto Rico). It must be organized and operated only for one or more of the following purposes. -Religious.-Charitable.-Educational.-Scientific.-Literary.-The prevention of cruelty to children or animals.
Generally LLC is not taxable entity - all income should be passed through to members and should be reported on individual tax returns regardless it was distributed or not.
If LLC did not elects to be an S corporation - it would use form 1065 - http://www.irs.gov/pub/irs-pdf/f1065.pdf with schedule K-1 - http://www.irs.gov/pub/irs-pdf/f1065sk1.pdf reported income/losses/deductions/credits passed through to members. Deductions for charitable contribution will be reported on the line 13 using following codes:
A - Cash contributions (50%)
B - Cash contributions (30%)C - Noncash contributions (50%)
D - Noncash contributions (30%)E - Capital gain property to a 50% organization (30%) - that is likely your caseF - Capital gain property (20%)
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