Choosing the right planned gift depends on your personal circumstances and goals. Discuss giving options and tax implications with your attorney or wealth advisor; then, contact the Department of Advancement at Heritage. Or, if you have questions, please call us anytime. If you do provide for HU in your estate plan, let us know. We just want to say thank you!
Used for the University’s general operating needs. The fund helps supports areas like technology acquisition, library services, physical plant maintenance and academic program development.
May be established in your own name or a name you wish to memorialize. A gift of $10,000 or more to set up a fund will help Yakima Valley students for many years to come. Your fund remains open should you wish to add contributions at a later date.
GENERAL SCHOLARSHIP FUND
A pool of donations used for a variety of corporate and individual gift scholarships to eligible students.
OTHER DIRECTED GIFTS
Heritage also allows you to set up a fund and direct its use to areas other than scholarships. For instance, you may want to limit your fund to helping pay for science equipment
or library books.
CASH GIFTS AND IRA CHARITABLE ROLLOVER
Charitable cash donations to Heritage are usually tax deductible. You also can now make a tax-free gift from your individual retirement account (IRA). Known as the IRA charitable rollover, it allows you to make annual gifts from your IRA this year and in the future. Just indicate how you would like your gifts to be allocated.
BEQUESTS AND ESTATE PLAN GIFTS
Make a bequest or gift through your estate by including a provision in your will or living trust, or by naming Heritage as a beneficiary of a retirement plan or life insurance policy.
LIFE INCOME GIFTS
Lets you enjoy a charitable income tax deduction and an income stream for you and/or your loved ones. Ask your financial advisor about vehicles such as Charitable Gift Annuities, Charitable Remainder Unitrusts, Charitable Remainder Annuity Trusts, Pooled Income Trusts and Charitable Lead Trusts.
Valuable items such as artwork, books, furniture and equipment, and antiques can also be gifted to Heritage.
Gale Barre became acquainted with Heritage University through Seafirst Bank (now Bank of American), where she worked many years until retiring
In 2001. When putting together estate plans with her attorney, Gale decided to bequeath a portion of her estate to Heritage to be dedicated in lasting remembrance.
“I chose to focus my charitable giving on education because I really think it is the door to opportunities,” said Gale. “What attracted me to Heritage was that its many diverse students are really committed to getting their education and opening doors for themselves. And in most cases, they are the first in their families to attend college.":
According to Barre, including Heritage in her estate planning was quick and easy, and she finds it very comforting to know everything is already taken care of. Barre stresses that planned giving is something anyone can do, regardless of the size of one’s estate.
“You don’t have to be a multimillionaire to include Heritage in your final plans,” she said. “Everyone who cares for the University can remember them in their planning for any amount they choose to give.”