Impact generations of the Trinity family and your own family through planned giving.
When you support Trinity Christian College, your gifts enable students to further their education, build on their faith, and prepare for a life of service to community and Kingdom.
Through your gifts, you build the future by:
- positioning current and future students to create their own legacy;
- generating life income and receiving tax benefits for your own financial future; and
- beautifying and improving our campus.
By working with our dedicated Advancement Staff to customize a planned gift, you can secure your gifts for your own family while advancing the mission of Trinity.
We look forward to discussing how your gifts can multiply and spread even further, to a world that needs all of us.
Charitable Gift Annuity
A charitable gift annuity is a gift made to Trinity Christian College that can provide you and/or a loved one with a secure source of fixed payments for life.
CHARITABLE GIFT ANNUITY
With the fluctuating of stocks and the uncertainty of real estate prices making a Charitable Gift Annuity is a wise investment for many investors providing them with a secure source of fixed payments for life.
Charitable Gifts Annuity Medicaid Disclosure
Receive fixed payments to you or another annuitant you designate for life. Receive a charitable income tax deduction for the charitable gift portion of the annuity (If, however, you file taxes jointly, your spouse can also make a contribution from his or her own IRA within the same tax year for up to $100,000.)
Benefit from payments that may be partially tax-free:
- Further the charitable work of Trinity Christian College with your gift.
You also receive satisfaction, knowing that you will be helping further Trinity’s mission.
- If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact Jeff Enfield for your no obligation estimate on your tax deduction and lifetime income.
- to inquire about other assets that you might be able to use to fund a Charitable Gift Annuity
- Charity handles gift annuity administration
Wills and Bequests
A bequest is a gift made through your will or trust. A bequest in a will can be made for a specific amount, for a percentage of your estate, or for all or a portion of what is left after you have made bequests to your family.
An excellent way for you to support Trinity Christian College’s mission is to leave us a Bequest in your Will, Living Trust or with a codicil. One significant benefit of making a gift by Bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.
There are a number of ways you can make a Bequest to Trinity Christian College.
Specific Bequest. A Specific Bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Trinity Christian College.
Percentage Bequest. Another kind of Specific Bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Trinity Christian College.
Residual Bequest. A Residual Bequest is made from the balance of an estate after the Will or Trust has given away each of the specific Bequests. A common Residual Bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Trinity Christian College.
Contingent Bequest. A Contingent Bequest is made to charity only if the purpose of the primary Bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the Bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Trinity Christian College.
A Bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a Bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.
In order to make a Bequest, you should speak with your attorney. Your attorney can help you include a Bequest to Trinity Christian College in your estate plan. We have provided some basic Bequest language to assist you and your attorney.
1. Specific Bequest
If you are considering making an outright Bequest to Trinity Christian College, we recommend the following language:
Bequest of a Specific Dollar Amount
I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID #____________, for Trinity Christian College’s general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID #_______________, for Trinity Christian College’s general use and purpose.
Bequest of Specific Real Estate
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID #_______________, for Trinity Christian College’s general use and purpose.
- Percentage BequestIf you are considering making a Bequest of a percentage of your estate to Trinity Christian College, we recommend the following language:
I hereby give, devise and bequeath ____ percent (___ %) of my total estate, determined as of the date of my death, to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID #______________________, for Trinity Christian College’s general use and purpose.
- Residual Bequest
I hereby give, devise and bequeath to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID # _________, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Trinity Christian College’s general use and purpose.
- Contingent Bequest
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Trinity Christian College, a nonprofit organization located at 6601 West College Drive, Palos Heights, IL, 60463, Federal Tax ID # _________, DESCRIPTION OF PROPERTY to be used for Trinity Christian College’s general use and purpose.
If you are considering a Bequest but would like to ensure that your Bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.
If you are making a restricted Bequest, we recommend that your attorney include the following provision to give Trinity Christian College flexibility should it no longer be possible for our Trinity Christian College to use your gift as you originally intended:
If, in the judgment of the Board of Directors of Trinity Christian College, it shall become impossible for Trinity Christian College to use this Bequest to accomplish the specific purposes of this Bequest, Trinity Christian College may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my Bequest.
Please contact us if you have any questions about how to make a Bequest to Trinity Christian College or to request any additional information that might be helpful to you and your attorney as you consider making a Bequest to us.
If you have included a Bequest for Trinity Christian College in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.
Trinity Christian College has partnered with The Barnabas Foundation, a trusted estate planning firm, to help you put together an estate plan that accomplishes your goals. Barnabas has served hundreds of the most respected faith-based organizations and thousands of their supporters. In addition to the self-help tools provided on these pages, they can help you by providing confidential, objective estate planning at no cost to you. They are available to help you to establish Wills and Trusts, give tax-wise charitable estate gifts, and make informed planned giving decisions that align with your values and support the Christian ministries that are important to you.
If you are 70½ years or older, an IRA charitable rollover is a way you can further support the mission of Trinity while avoiding taxes on transfers up to $100,000 from your IRA .
If you are 70½ years or older, an IRA charitable rollover is a way you can help support the college’s mission and receive tax and income benefits with Trinity Christian College (FEIN: 13-1837442). Keeping your taxable income lower may reduce the impact to certain tax credits and deductions, including Social Security and Medicare.
- Avoid taxes on transfers of up to $100,000 from your IRA to our organization
- May satisfy your required minimum distribution (RMD) for the year
- Reduce your taxable income, even if you do not itemize deductions
- Make a gift that is not subject to the deduction limits on charitable gifts
- Make a tangible impact on the work and mission of Trinity Christian College
- Contact your IRA plan administrator to make a gift from your IRA to Trinity Christian College.
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
- Gifts from your IRA can be directed to scholarships, special projects or where needed most.
If you have any questions about an IRA charitable rollover gift, please Jeff Enfield at 815.353.9927 or email@example.com. I can assist you and answer any questions you may have.
Trinity Oaks Heritage Society
The Trinity Oaks Heritage Society demonstrates that mighty things can grow from small beginnings. Your support through planned giving provides a continual resource for the future.
The Trinity Oaks Society members embrace the “planting of seeds” for continuing God’s harvest. The oaks on campus point to God’s faithfulness and to the natural splendor in Trinity’s students.
By becoming an Oaks Society member, you give Trinity the privilege of thanking you for your investment in Trinity’s future.
Trinity Oaks Society members are a vital part of the campus community praying for students and advocating for the mission of Trinity Christian College. Their involvement goes well beyond a financial contribution it goes to the very heart of Trinity’s Kingdom work.
- A Trinity Oak Society membership certificate
- Your name on an engraved leaf on the Trinity Oak in the Ozinga Chapel
- An invitation to the Legacy Dinner and other exclusive events
If you include Trinity Christian College in your plans, please use our legal name and federal tax ID.