IF YOU HAVE NAMED SJR STATE COLLEGE IN YOUR WILL or have otherwise included the College in your estate plan, you are already a member.
As a member of The SJR State Legacy Society, you are demonstrating your intent to assure a brighter future for SJR State College and the vital educational programs the College offers to deserving students. If you already qualify for inclusion in The SJR State Legacy Society or would like additional information on estate planning options at the College, please contact:
Vice President for Development and External Affairs
St. Johns River State College Foundation
WHICH METHOD OF GIVING IS
BEST FOR YOU? In creating your estate plan, you must reflect upon your personal needs, the special needs of your family, and your commitment to SJR State College or other worthy causes. Planned giving offers creative strategies for alumni, friends, faculty and staff to make a gift to the College while achieving personal financial goals.
The choice to support SJR State College is a personal one, unique to each individual, and the array of planned giving options are just as varied. Whatever form your planned gift may take, you will have the satisfaction of knowing that generations of students will benefit from your foresight and generosity and that your gift has supported excellence in higher education.
Listed below are several of the ways you can make a planned gift to SJR State College through the SJR State College Foundation. We would be pleased to meet with you to discuss what gift options may be best for you.
A provision for the SJR State College Foundation in your will (bequest) allows you to support SJR State College’s mission with a gift of a specific amount, a percentage of your estate, or the residual amount remaining after you have cared for the needs of your family or other loved ones. You may also bequeath stocks, bonds, tangible personal property, real estate or other assets to the College. Remember to notify the SJR State College Foundation in writing that a provision has been made for the College in your will, as your leadership may impact others’ decisions.
Name the SJR State College Foundation as a beneficiary of your pension fund, retirement plan, life insurance policy or bank account. Like a bequest, this type of gift will not diminish the resources available to you during your lifetime.
Do you have a life insurance policy you no longer need to ensure your family’s security in the event of your death? By making the SJR State College Foundation the owner and sole beneficiary of an insurance policy, the face value will become available to support the mission of the College. You may also purchase a new policy and name the Foundation as the owner; your annual premium will be a tax-deductible gift to the College.
An endowment fund is a permanent, self-sustaining source of funding. Endowment assets are invested annually, and a portion of the earnings is paid out for the purpose of the fund with the remainder being used to build the fund’s market value. This way, an endowment fund can grow and provide support for its designated purpose in perpetuity.
When you establish an endowment fund, you create a permanent legacy of support for SJR State.
Including SJR State College in your will through a charitable bequest can be done at any age by simply amending your existing will or by executing a new one.
Upon your death, your bequest will be invested in the St. Johns River State College Foundation, guaranteeing that future generations of deserving students will receive a college education.
I, bequest (describe dollar amount, property to be given, percentage or proportion of your residuary estate) to the St. Johns River State College Foundation, a nonprofit, direct support 501(C)3 organization located in Palatka, Florida.