DONATE NOW
Contact Us!
Connect with Us LinkedIn Icon

Month: November 2022

Gift Legacy eNewsletter 11/16/22

SHARE OUR SPIRIT ‘Tis the Season of Giving

Join our supporters and Share Our Spirit during this season of giving. Together we can make a difference. 

For most of us, our financial priorities can be narrowed down to two primary goals: paying less taxes and having income that will last our entire lives. The year-end is a perfect time to consider some minor adjustments that can help secure both.  With the right tools you can:

  • Save taxes
  • Increase year income
  • Help others while helping yourself

If you have ever wanted to make a significant difference with Hartnell College Foundation and its mission, there is no better time than now. We can help you find a way to make a satisfying gift that moves our mission forward, while at the same time saving you money, and possibly providing you with new sources of income.

  • Make a Gift Today. If you want to make an impact and receive income tax savings, make your gift now and see the results of your generosity in action immediately.
  • Avoid Capital Gains. If you own stock (or any appreciated asset), give that asset to our organization. Our mission receives the current value of the stock, and you receive an income tax deduction in the same amount even though you paid less for it years ago.
  • Start New Income. Fund a charitable gift annuity or charitable remainder trust and receive the double benefit of tax savings and lifetime payments.
  • Blend Your Giving. For even more impact, consider a gift today of your IRA distribution, real property, appreciated assets, or cash, and complement it with a gift in your will or estate plan. You benefit by seeing your gift in action, while also knowing you are building a legacy that will grow.

There are many ways we can help you fulfill your philanthropic goals while enjoying tax savings and income advantages. Contact Vice President of Advancement and Development and Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446. Learn more about how you can make a difference this year and benefit.

What will your legacy be?

If you are thinking about naming the Hartnell College Foundation in your estate plans, contact our Vice President of Advancement and Development/Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446 or our Director of Philanthropy, Kristine Edmunds at kedmunds@hartnell.edu or by phone at (831) 755-6903. To make a gift in support of Hartnell students, go to: https://hartnellfoundation.org/donate-now/ 

Gift Legacy eNewsletter 11/02/22

HARTNELL AND THE ARTS
Celebrating the influencers

CREATE AN ENDOWMENT
Your Legacy Now and Forever

You already know the joy that comes from making a difference. When you join us in our mission, you have the immediate satisfaction of seeing your gift in action. An endowment gives you that same feeling, plus something more. It offers you the feeling of accomplishment knowing your positive impact will continue forever in your name, automatically.

A Simple Agreement
Something lasting forever sounds complicated, but it really is simple. An endowment has three essential parts:

  • You make a gift to establish an endowment
  • We sign an agreement with you detailing how the gift will be invested and distributed
  • We handle the investments and distributions

How the Endowment Agreement Works
When you are considering an endowment, we work with you to word it, so it follows your wishes for all time, having the effect you desire. We create an agreement with all the details so you will know how the endowment will be invested and distributed.

We Do the Work – You Enjoy the Legacy
A major feature of the endowment is that once it is started, we do all the work. We invest the funds along with other endowed funds, creating economy of scale to maximize your endowment. We invest all our endowed funds according to our endowment policy. Set by our board, it generally provides that endowed funds are invested to produce stable, predictable growth. Each year a set percentage from your endowed fund is distributed according to your endowment agreement. If the endowed fund grows, so does your annual distribution. Your impact may become greater each year. You can also put a cap on your fund, so it ends after a certain term of years.

Possible for Everyone
You might think endowed funds are only for the wealthy. However, anyone can start one. You can create an endowment with your will or trust. It does not have to be created in your lifetime. In addition, you can fund it with an amazing array of assets. Real property (including life estates), life insurance, appreciated stock, investment accounts, jewelry and more are all possible sources of endowed funds.

To learn more about how an endowment can help you achieve your goals, please contact us. We welcome the opportunity to answer further questions and work with you and your advisors.

What will your legacy be?

If you are thinking about naming the Hartnell College Foundation in your estate plans, contact our Vice President of Advancement and Development/Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446 or our Director of Philanthropy, Kristine Edmunds at kedmunds@hartnell.edu or by phone at (831) 755-6903. To make a gift in support of Hartnell students, go to: https://hartnellfoundation.org/donate-now/ 

Contact Us

EMAIL US
VIEW TEAM