There are many ways to support Trinidad State, both now and in the future. The best options will always be those that make the most sense for you.
As you consider ideas for how you might give back, we hope you will consider the Foundation a resource. Whether you’re hoping to strengthen Trinidad State with a current gift or remember us in your estate plan, we can help you explore your options.
In all conversations, please know there will never be any expectation or obligation to complete any gift. This is our promise to you. Our goal is simply to help you create whatever positive impact is right for you.
Please feel free to contact Toni DeAngelis at email@example.com or 719-846-5520 with any questions at all.
All inquiries will be held in confidence.
Ways to Give Today
There are a variety of ways to make an immediate philanthropic impact on students at Trinidad State. The right option is always the one that works best for you.Cash and Gift Pledge
For many people, making an annual cash donation or pledge is a great option. It’s simple and allows you to support Trinidad State at whatever level is appropriate. All donations are deductible to the fullest extent allowed by law.
A great way to maximize your support is through a matching gift. Please check to see if your employer (or spouse’s employer) matches employee donations to qualified nonprofit organizations like the TSJC Educational Foundation. Some employers even double or triple employee gifts.
Some people prefer to preserve available cash balances, seeking other options when making a donation. The most common example is a gift of appreciated securities – stocks, bonds or mutual fund shares. This option has two major advantages: (1) it can provide the donor with an immediate income tax deduction and (2) it can eliminate any capital gains tax when the securities are eventually sold. For more information about gifts of securities or to request our brokerage information, please contact the Foundation Office.
Qualified Charitable Distribution
For those age 70.5 and above, another option is to make a gift directly from your IRA. This option is attractive for people who no longer itemize deductions or would like to donate without reducing available cash on hand. Although a Required Minimum Distribution will not be mandatory in 2020 (CARES Act), an IRA still represents a highly tax-efficient source of funds for your donations. To learn more, or to request a blank instruction letter than you can use with your IRA Custodian, please contact the Foundation Office.
Another alternative to a cash donation is a gift of appreciated real estate. Gifts of residential, commercial or agricultural property can make an important impact on our students, pending their appropriate review by TSJC Educational Foundation. Gifts of appreciated real estate have two major advantages: (1) it can provide the donor with an immediate income tax deduction and (2) it can eliminate any capital gains tax when the real estate is eventually sold. Please contact us during the early stages of your planning.
The TSJC Educational Foundation accepts equipment that can be used by the College or quickly sold. Please contact the Foundation Office if you would like to explore a potential gift of equipment.
This option includes works of art, rare books, antiques and vehicles, among other items or collections. Please contact the Foundation Office early in your consideration of any potential gift of personal property. Also, please know the final decision to retain or sell the donated property rests with the Foundation’s Board of Directors.
It is important to discuss your charitable options with your professional advisors before making any gifts. Your advisors are best positioned to help recognize the specific tax benefits you may enjoy, and identify the necessary steps to insure IRS compliance (e.g. independent appraisal). Please know the Foundation Office is happy to support these conversations in any way that is helpful.
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.