Planned Giving

Making a planned gift is a great way to show your support and appreciation for Lewis-Clark State College and its mission while accommodating your own personal, financial, estate planning, and philanthropic goals, as well as becoming a member of the Heritage Society.  With smart planning, you may actually increase the size of your estate and/or reduce the tax burden on your heirs. Just as important, you will know that you have made a meaningful contribution to LC. Familiarize yourself with the various gift options and consult a tax professional to determine what option is best for you:

The Heritage Society, at Lewis-Clark State College was created as a way to recognize alumni and friends who have made the commitment to leave a legacy at the College.

You become a member of this group when you leave a gift for LC State in your will, trust, or other accounts. Whether big or small, every gift propels our mission of preparing students to become successful leaders, engaged citizens, and lifelong learners.

Many supporters like you have shared their intentions to contribute, inspiring others and helping us plan effectively for the College’s future. We hope you will let us know if you’ve named LC State in your estate plans. We’d like to recognize you for your generosity and commitment, and we’d like to welcome you to the Heritage Society. You may choose to remain anonymous if you prefer. You also will be included in invitations to college events.

Please don’t hesitate to get in touch if you have any questions about setting up your legacy gift or if you need any additional information. We are here to help. Thank you for your generous support!

Let us know if LC State is in your estate plans by completing this form, call 208-792-2458 or email collegeadvancement@lcsc.edu.

You can make a bequest or gift through your estate by including provisions in your will or living trust, or by naming Lewis-Clark State College as a beneficiary of a retirement plan or life insurance policy.  The amount left to college can be expressed in a dollar amount or a percentage of the assets given.

The benefits of making a bequest gift include the fact that donors do not have to part with any money until they pass, and do not owe any estate tax on the amount of the bequest.

A charitable gift annuity involves a contract agreement between you and Lewis-Clark State College where you agree to make a gift to the college in the form of securities, real estate, or personal property, and the college, in return, agrees to pay you a fixed amount each year for the rest of your life.  Deferred gift annuity annual payments start at a later time specified by the donor, and not when the gift is received. The donor will receive a fixed annual income for life and avoid capital gains tax, as well as an income-tax break on a portion of the earnings from an annuity; the exact amount depends on the donor’s age.

A donation of appreciated real estate or stock can help increase tax benefits. The deduction for a donation of property to charity is equal to the fair market value of the donated property. When the donated property is a "gain" property, the donor does not have to recognize the gain on the donated property. These rules allow for the "doubling up," so to speak of tax benefits: A charitable deduction, plus avoiding tax on the appreciation in the value of the property. Shares of the stock have to be held for more than one year and qualify for the "qualified appreciated stock" deduction.