Ways to Give in the Future
Gifts from wills, trusts and retirement accounts are crucial investments in the future of Trinidad State, providing an opportunity for alumni and friends to create a lasting legacy to benefit the students we serve. These gifts can be designated for a permanently endowed scholarship/program fund or directed toward their ‘highest and best’ use—it’s your choice. The Society of 1925 honors those who make these gifts.Charitable Bequest
You can include a future gift in your Will or Living Trust, naming TSJC Educational Foundation to receive a portion of your estate or a specific asset. This option is highly flexible—allowing you to prioritize friends and loved ones as needed, balancing your desire to support Trinidad State with other financial priorities.
You can create a future gift by naming TSJC Educational Foundation to receive a portion of your IRA, company retirement plan, or life insurance policy. This option is highly flexible—you determine the appropriate percentages to leave for Trinidad State and your friends and loved ones. This gift is as simple as updating your named beneficiaries.
Payable on death (POD) with a POD option at your bank
This option allows you to donate a portion of the funds from a bank (or credit union) account to TSJC Educational Foundation with a POD option at your bank. This option is simple, inexpensive, and flexible to changing needs throughout your lifetime.
Transfer on death (TOD) account
This option allows you to donate a portion of the securities held in a brokerage or investment account to TSJC Educational Foundation. This option is simple, inexpensive, and flexible to changing needs throughout your lifetime.
Charitable Remainder Trust
A charitable remainder trust can provide powerful financial, tax, and estate planning benefits. You donate assets into trust for the eventual benefit of Trinidad State. In the interim, the trust pays income to you and/or your designated income beneficiaries.
Charitable Lead Trust
A charitable lead trust can provide support to Trinidad State for a defined period of time, before returning the donated assets to you or (alternatively) passing them onto your heirs. In the right situation, a charitable lead trust can be a powerful income and/or estate planning option.
Retained Life Estate
You can donate future ownership of a residence or farm to TSJC Educational Foundation, while retaining full use of your property throughout life.
It is always important to discuss your options with your professional advisors before making any charitable estate gifts. Your advisors are best positioned to help identify the gift strategies that both protect you against future uncertainties and maximize any potential tax benefits. Please know the Foundation Office is happy to support these conversations in any way that is helpful.
The Foundation's mission is to support the growth and development of Trinidad State Junior College.
For more information, please contact the Foundation.