Create a Lasting Legacy
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Create a Lasting Legacy
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Giving Opportunities
Make your legacy one of giving to a brighter future.
Your donation helps make a difference by supporting those students who are striving to better themselves and their family.
Legacy Gifts:
A charitable bequest is simply a distribution from your estate to a charitable organization through your last will and testament.
Key Benefits:
- Assets distributed according to your wishes after your death
- Possible savings on estate taxes
- A lasting legacy, reflective of your values and beliefs, without giving up your assets now
- The satisfaction of knowing you are benefiting future generations of BMCC students!
To leave a bequest to MHCC in your will, you need the following information:
- Full legal name of beneficiary: Blue Mountain Community College Foundation
- Mailing address: PO Box 100, Pendleton, OR 97801
- Tax identification number: 93-6033846
- Bequest language: for a few samples click here
Retirement Plan Beneficiary Designation
You want to show your continued support after your death by making MHCC a beneficiary of your retirement account.
Key Benefits:
- Blue Mountain Community College Foundation as a full or partial beneficiary
- Charitable tax deduction for your estate
- Possible savings on estate taxes
- Possible tax savings on retirement plan assets
- Possible increase in amount passed on to heirs
- The satisfaction of knowing you are benefiting future generations of BMCC students!
Life Insurance Beneficiary
Due to a change in circumstances, you have a life insurance policy you no longer need, or you would like to purchase a new policy specifically for philanthropic purposes.
Key Benefits:
- Charitable tax deduction
- Possible savings on estate taxes
- The satisfaction of knowing you are benefiting future generations of BMCC students!
Gifts with Income for You
Charitable Gift Annuity
You would like to support BMCC while retaining the life income provided by your assets.
Key Benefits:
- Guaranteed life income backed by Blue Mountain Community College Foundation assets
- Possible higher income yield than other investments
- Avoidance of money management and investment worries
- Tax savings that may offset capital gains taxes and income tax
- The satisfaction of knowing you are benefiting future generations of BMCC students!
Charitable Remainder Unitrust
You own highly appreciated real estate or securities. You would like to receive income, but the tax consequences of a sale will significantly diminish the total value.
Key Benefits:
- Life income and estate tax savings
- Charitable tax deduction of a percentage of contributed asset
- No capital gains taxes on sale
- Built-in hedge against inflation by payment of percentage of total fund, including growth
- The satisfaction of knowing you are benefiting future generations of BMCC students!