The Trinidad State Educational Foundation
Sharing the Vision, Securing the Future.
Ways to Secure the Future
Be sure to work closely with your attorney if you want the TSJC Educational Foundation to be a recipient of a future gift. Your will can include gifts in the form of:
Cash, stocks, bonds, real estate or personal property
A specified percentage of your estate
The balance of your estate after family members have been compensated
Leave your legacy by making a gift in your will
A bequest is one of the simplest ways to remember those you care about most. When making a will, people consider those closest to them - family and loved ones, and they must always come first! Yet, it is also an ideal opportunity to leave a lasting gift to charity. As well as having the satisfaction of knowing that you have made provision for those you love, why not use the chance to bring lasting change to the lives of students at Trinidad State Junior College?
A bequest is a transfer of cash, securities, or other property through a will or a living trust. A bequest to TSJC can be made for a specific amount, for a percentage of your estate, or even for all or a portion of what is left after you have made specific bequests to your family and others. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on.
The following examples show how a bequest to benefit TSJC may be worded. In all cases, you should consult an attorney to draft your will.
“I do hereby give to Trinidad State Junior College Educational Foundation, Trinidad, CO, a Colorado nonprofit corporation, [the sum of $________] or [all my right, title and interest into the following described property: _______________________] or [_____ percent of the rest, residue and remainder of my estate], such bequest to be used in the manner as determined appropriate by the Board of said Trinidad State Junior College Educational Foundation as it, in its sole discretion, shall determine.”
Specific Purpose Bequest
“I do hereby give to Trinidad State Junior College Educational Foundation, Trinidad, CO, a Colorado nonprofit corporation, [the sum of $________] or [all my right, title and interest into the following described property: _______________________] or [_____ percent of the rest, residue and remainder of my estate], or [all the rest, residue and remainder of my estate]. Such property shall be held as the ________ Fund.”
“The property comprising this Fund shall be administered as part of the assets of the Foundation, but shall be separately accounted for as the ________ Fund, as [the principal and income] or [the income only and not the principal] thereof shall be used for the following purposes _______________________. If at any time in the judgment of the Board of the TSJC Educational Foundation it is impossible or impracticable to carry out exactly the designated purpose, they shall determine an alternative purpose as near as possible to the designated purpose.”
Continue the spirit of giving by remembering TSJC in your will
The information provided here is not intended as legal advice. For legal advice, please consult an attorney.
Talk with your life insurance agent to discuss the types of insurance gifts you can make. Insurance gifts can benefit you and TSJC in many ways. You can make a substantial gift with modest premium payments. It’s also a good use of paid-up policies that are no longer needed for family members.
Naming the TSJC Educational Foundation as a beneficiary of a portion of your retirement funds is another option. Be sure to contact the administrator or person in charge of you IRA, Profit-Sharing Account or other retirement plan to list the Foundation.