BEQUESTS Life Insurance Policies

Did you know you can use old or unnecessary life insurance policies in new ways to achieve your goals? There are a variety of ways that you can use your life insurance to support our cause:

• You can give your unneeded policy to support our work today
• You can name our organization as a beneficiary of a policy you still want to hold on to
• You can transfer your policy into a charitable remainder trust or other instrument and receive income and tax benefits based on its value

Your life insurance proceeds will help further our work, and your estate may benefit from a deduction.

If a gift of life insurance interests you, please contact Vice President of Advancement and Development/Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446. We would be delighted to talk with you and answer any questions that you have regarding how to convert your unneeded life insurance policy into something meaningful.

MC GIVES Student Scholarships to support dreams

The Monterey County Gives is accepting donations now through December 31, 2022. Show our students some love by posting a donation of any size. CLICK HERE to make your gift to support student success through scholarships today!

TIME FOR GIVING Options for year-end giving 

If you are like many of us, you are looking to save money on this year’s taxes. There are ways to make a year-end gift, other than a cash gift, and still enjoy valuable tax benefits. Here are just a few of the options you might want to consider for your end-of-year planning:

• GIFT OF YOUR PROPERTY 

Do you have CDs, stocks or bonds that are producing little or no return? Why not make a gift of these low-performing assets to us, and receive a charitable deduction? You can also give your real estate, art or other property, and benefit from a deduction.

• GIFT OF YOUR PROPERTY FOR INCOME 

If you are looking for income in the future, why not make a gift of property to fund a charitable gift annuity or charitable remainder trust? Your property can be sold tax-free, and you may receive income for the rest of your life. With a charitable gift annuity, this income is fixed so there is the possibility that some of your payment will be tax-free.

• FUTURE PROPERTY GIFT 

Did you know there are gifts everyone can make to benefit from charitable giving? If you don’t want to give your stock or real estate today, you can still enjoy your property during your lifetime while making a gift to us through your will or trust. A bequest of your property will provide your estate with an estate tax charitable deduction, which means the money saved can go to your loved ones.

To learn more about these options for end-of-year gifts, or to view an illustration of the benefits of making a gift of your property, please call us. We look forward to helping you meet your year-end goals! There are many ways we can help you fulfill your philanthropic goals. Contact Vice President of Advancement and Development and Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446.