Everyone has the ability to make a difference in the lives of future generations of students at Santa Rosa Junior College. When you make a legacy gift, you will be remembered as someone who desired to leave the world a better place.
Planned giving is one of the best ways to leave a lasting legacy for future SRJC students. The Foundation recognizes donors who have named SRJC in their estate plan with membership in the Randolph Newman Legacy Society. To further discuss the best planned giving option for you and your family, please contact Kate McClintock at 707.527.4797 or email email@example.com.
Types of Planned Gifts
Bequests are a gift of any amount or in any form to Santa Rosa Junior College left in a donor’s Will. Bequests may be for a specific dollar amount, percentage of an estate, or specified
securities or tangible property. Donors may designate areas of the College to receive the gift, and may establish an endowment for perpetual administration of the fund.
When making provisions in a will or trust for SRJC, please include the following statement...”To the Santa Rosa Junior College Foundation for the benefit of Santa Rosa Junior College and (designated area if any)."
Charitable Gift Annuity (CGA)
The SRJC Foundation works with the Community College League of California to offer donors a charitable gifting option that benefits SRJC while providing extremely attractive
rates to annuitants. For a minimum donation of $10,000, donors may receive regular fixed payments for life based on the donation amount, age of one or both donors, and current rates. At least one annuitant must be 60 years of age. To receive a personalized CGA Analysis, please contact Kate McClintock at 707.527.4797 or email firstname.lastname@example.org.
Annuity Trust and UniTrust
Donors may also establish an annuity trust or unitrust in their Will. The bequest can be arranged to provide life income for a designated beneficiary. Upon the passing of the beneficiary, the principal will transfer to the SRJC Foundation.
Charitable Remainder Unitrust (CRUT)
A CRUT irrevocably transfers the remainder interest of an asset’s value to the Santa Rosa Junior College Foundation on the passing of the named income beneficiaries or at the end of a specified term, but not more than twenty years. The donor can name him/herself and/or others as income recipients, with payments made concurrently or consecutively. A minimum age of 50 years for all beneficiaries and a funding level of $100,000 is required. IRS regulations specify that the fixed percentage rate cannot be less that 5%.