Planned Giving

Remembering Solano Community College in Your Will

Charitable bequests allow you to contribute to Solano Community College without giving away assets you may need during your lifetime. We can work with you and your legal advisor to draft language for your will that ensures your wishes are carried out. As with any gift, you can designate a program to support, or you can make an unrestricted bequest and let the College determine the best use for the donation.

One popular option is to make a bequest in memory of a loved one. Another is to establish an endowment that will provide income in perpetuity. It is helpful if you inform the Foundation of your bequest so the college can assure you that your gift is properly structured and can be used as you wish.

Cash and Real Property

Your will can designate the Solano Community College Educational Foundation as the beneficiary of either a specific legacy or a bequest that is a fixed percentage of your estate. You can bequeath securities, real estate, or other property. If your first priority is your family’s well-being, you can make your gift contingent on the will's other conditions being fulfilled before the foundation receives it. You can also bequeath the remaining assets. Your estate receives the benefit of freedom from federal estate taxes for the full value of the gift. If your needs change, you can alter a bequest at any time by signing a new will or amending your will or trust.

Retirement Plan Assets

Assets you hold in individual retirement accounts, such as IRAs or Keoghs, can be bequeathed to the Foundation. The advantage of bequeathing such retirement assets to a charitable institution is that the legacy escapes both deferred income tax and estate tax that would be due if the assets were transferred to individuals.

Please consult an attorney or financial advisor when making estate plans.