Ways of GivingOutright Gifts
You can support the work of the Foundation with a gift of cash or securities (stocks or bonds), real estate or other personal assets.Charitable Gift Annuity
Income for Life for You …
Benefit for Future Generations
A charitable gift annuity is an extraordinary way to make a gift, increase your income and slice your tax bill – all in one transaction! Our charitable gift annuity program was created as a service to our many friends who have expressed a desire to make a gift of significance, while still retaining income from the gift property during their lives.
A charitable gift annuity is a contract in which you exchange a gift of cash or securities for a fixed income each year for the rest of your life (or for the lives of two people). Your gift annuity offers five distinct advantages:
- Income for Life – at attractive payout rates for one or two lives;
- Tax Deductible Savings – a large part of what you transfer is a deductible charitable gift.
- Tax-Free Payout – a large part of your annual payment is tax-free return of principal;
- Capital Gains Tax Savings – when you contribute securities for a gift annuity, you minimize any taxes on your “paper profit;”
- Personal Satisfaction – from making a gift of lasting significance.
You can choose how frequently payments will be made – quarterly, semiannually, annually; single-life or two-life annuity; cash or securities to fund your gift. Cash gifts allow maximum tax-free payments; gifts of securities allow you to minimize capital gains taxes.
For more information about Gift Annuities, contact Katie Gleason, foundation executive director, at (310) 660-6040 or firstname.lastname@example.org.Bequest Through Will or Living Trust
A bequest to the Foundation can be for a specific amount, a percentage of your estate, real estate or property, or what will be left after you have provided for your survivors and can be designated for a specific program or Division, such as textbooks, scholarships, Fine Arts or Sciences.Charitable Remainder Trusts (Annuity and Unitrusts)
Cash, securities or real estate are transferred to a trust which pays you joint-or single-lifetime income. You select the rate of return, set a fixed or variable annual payment, avoid capital gains taxes and receive an additional tax deduction.Endowments
An endowment is a gift of financial resources that provides a stable base for funding. Endowments ensure that your contribution supports not only our current students, but also the next generation of students.
El Camino College Foundation is a 501(c)(3) tax exempt organization. All contributions to the El Camino College Foundation are tax deductible.