Planned Giving
Together we can empower a better tomorrow.
Many Palm Beach State College Foundation supporters choose to include a gift in their wills. It's an incredibly powerful way to invest in the future of our community and have an impact for generations to come, but without any cost to you now. When you choose to make a contribution, the Foundation works with you to ensure your wishes are fulfilled.
The Palm Society
Give the Gift of Education
Legacy giving offers us a way to make a difference, far beyond the measure of one lifetime. Palm Society members have seen the impact of prior gifts and want their legacy to have the same kind of impact in the future. And your gift will have meaning and impact for years.
Members of the Palm Society imagine a future where no student is turned away from Palm Beach State College because of money. They believe a college education should always be affordable and accessible.
Becoming part of this community of givers is easy. Simply make a gift to Palm Beach State College in your will or trust and let us know. We will take care of the rest.
Ways to Give
Gifts from your Will: Bequests
Make a gift to Palm Beach State College through a provision in your will or living trust. Contact us for simple language you can use to make PBSC part of your estate plan with a gift of cash, securities, or real estate.
Charitable IRA Rollover: Minimum Distribution
If you’re 70-1/2 or older, you can transfer up to $100,000 a year from your IRA directly to Palm Beach State College as part of your required minimum distribution. The College gets a meaningful gift and you avoid paying income tax.
Life Income Gifts: Charitable Gift Annuities
Establishing a charitable gift annuity allows you to gain the security of fixed payments for life, receive a tax deduction for a portion of your gift, and leave a legacy gift to Palm Beach State College.
Gifts of Life Insurance: Name PBSC as your beneficiary
Name Palm Beach State College as the beneficiary of an existing life insurance policy or consider donating a paid-up policy you no longer need.
Gifts of Stock: Stocks, Bonds & Mutual Funds
Consider donating appreciated stocks, bonds, or mutual fund shares instead of cash. Donors avoid capital gains taxes and get a charitable deduction for their gift. Get more information about Gifts of Stock.
When You Give Property: Real Estate and Other Assets
When you give the gift of real estate or other property you can deduct the fair market value from current taxes and reduce estate taxes in the future.
For Professional Advisors
Thank you for helping your client with their charitable gift planning. If you have
any questions or concerns, please contact the PBSC Foundation by phone 561-868-3450
or email foundation@palmbeachstate.edu
Gifts should be directed to:
Palm Beach State College Foundation, Inc.
4200 S Congress Ave. MS20
Lake Worth, FL 33461
Tax ID: 59-1818556
www.palmbeachstate.edu/Foundation
Introducing FreeWill
Everyone needs a will and, if you don’t have one or haven’t updated it in years – get started now! To make it quick and easy for you to begin writing your will, we’ve partnered with our friends at FreeWill, who have developed an intuitive, online will-writing tool that is entirely free and typically takes no more than 25 minutes from start to finish.
In addition to taking care of your family and loved ones, you can use this free estate plan to include a gift to the Palm Beach State College Foundation, which is a great way to establish a long-lasting legacy of opportunity for generations to come, without costing you any money today. This tool is free to you whether you choose to include a gift to Palm Beach State College or not and can be used to create a fully valid legal will or guide you through planning your will before finding a lawyer near you.
For More Information About Planned Giving
PBSC Foundation
Phone: 561-868-3450
Email: foundation@palmbeachstate.edu
