Estate and planned gifts offer a powerful way to make a lasting impact on Grays Harbor College while ensuring that your values and passions continue to support future generations. By including the Grays Harbor College Foundation in your estate plans, you can leave a meaningful legacy that supports our students, programs, and campus long into the future.
Why Consider a Planned Gift?
Planned gifts provide flexibility and allow you to align your charitable goals with your financial plans. These gifts can be made through your will, trust, retirement accounts, or insurance policies, enabling you to provide significant support to GHC while enjoying various benefits, including:
- Continued Control: You retain the use of your assets during your lifetime and can adjust your plans as needed.
- Tax Advantages: Estate gifts can reduce estate taxes, maximizing the value of your contribution to the Foundation.
- Long-Term Impact: Your gift will support the college’s ongoing mission and programs, helping to ensure the continued success and growth of GHC.
Types of Planned Gifts
- Bequests: Designate a portion of your estate, a specific amount, or what remains after other bequests to support GHC. You can include this in your will or living trust. To assist you in preparing your bequest, we have provided sample bequest language.
- Beneficiary Designation: Name the Grays Harbor College Foundation as a beneficiary of your retirement accounts, such as IRAs or 401(k)s, bank and brokerage accounts, and annuities.
- Life Insurance: Transfer ownership of a life insurance policy or name the Foundation as a beneficiary to provide substantial future support.
- Charitable Trusts: Establish a charitable remainder trust or charitable lead trust to provide income to you or your family while benefiting the Foundation.
How to Get Started
- Consult Your Advisors: Work with your financial or estate planning advisor to explore options that best fit your goals and financial situation.
- Choose Your Gift Type: Decide on the type of gift that aligns with your objectives and how you would like your gift to be used by GHC.
- Inform Us: Notify the Grays Harbor College Foundation of your planned gift. We would like to thank you and ensure that your gift aligns with the needs of the college and your wishes.
- Designate Grays Harbor College Foundation: Provide estate, financial, or tax professional with our information:
Grays Harbor College Foundation
1620 Edward P. Smith Dr.
Aberdeen, WA 98520
Tax ID: 91-6052939
Personalizing Your Gift
You can choose to make your gift unrestricted, allowing the Foundation to use it where the need is greatest, or you can designate it for specific purposes, such as scholarships or college programs. Endowed gifts create a lasting fund that provides ongoing support, while non-endowed gifts can be used immediately for current needs.
We’re Here to Help
For more information on estate and planned giving, or to discuss how you can create a meaningful legacy, please contact us at 360.538.4024 or foundation@ghc.edu. Our team is here to assist you in making a gift that reflects your values and supports the future of Grays Harbor College.