Typically planned gifts are part of estate planning and your funds do not come to the College until your estate matures. This type of giving is perfect for people who cannot afford to make a large gift during their lifetime, or for individuals looking to maximize tax benefits to their estate. Methods of planned giving include:
- Bequests (naming Prescott College in your will); See our Wills and Bequests Brochure for more information
- Life Insurance or other Beneficiary Designation
- Charitable Lead Trusts
- IRA Rollover
- Retained Life Estate (give the College your house, but keep living there!)
- Charitable Gift Annuities*
- Charitable Remainder Trusts*
*These gifts allow you to receive income during your lifetime
The goal of estate planning is to provide peace of mind and financial support for yourself and your loved ones. After your family is taken care of, you can plan a charitable gift to extend your legacy beyond your lifetime, protect your loved ones, and reduce your taxes. When you include Prescott College in a planned gift, you become a member of the Charles Franklin Parker Legacy Society.
Contact us to learn more about your options and how your philanthropic aspirations can align with maximizing tax and other financial benefits at (928) 350-4505 or firstname.lastname@example.org.
The endowment is Prescott College’s foundation for future growth. Endowment funds provide a steady, predictable source of income over time, on which the College can make commitments and build its programs. Unlike other gifts, which are spent relatively soon after receipt, gifts for the endowment are invested and the principal is held in perpetuity. Find out more about endowments.