Gifts That Cost You Nothing Now
Gifts in a will, trust, or by beneficiary designation are two easy ways to support the rigorous classical education at Hillsdale College for years to come — and they don’t cost anything now.
If you have already included a gift in your estate plans to benefit the future of Hillsdale College, be sure to let us know so that we may best honor your wishes.
Gifts in a Will or Trust
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Hillsdale College. Once you have provided for your loved ones, we hope you will consider making the preservation of American principles of liberty and freedom part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
LASTING IMPACT
Your gift will create your legacy of learning, character, faith, and freedom
FLEXIBLE
You can alter your gift or change your mind at any time and for any reason.
NO COST
Costs you nothing now to give in this way.
Four simple, “no-cost-now” ways to give in your will
General gift
A general bequest is a gift of a specific amount.
Residuary gift
Specific gift
Contingent gift
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Hillsdale College contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in support of the highest things — and it costs you nothing now.
By naming Hillsdale College as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy in defense of truth and liberty.
Potential benefits of gifts by beneficiary designation:
Reduce or eliminate taxes
Reduce or avoid probate fees
No cost to you now to give
Create your legacy with Hillsdale College
Types of Gifts
Retirement plan assets
You can simply name Hillsdale College as a beneficiary of your retirement plan to support independent classical education and the blessings of civil and religious liberty.
Life insurance policies
You can name Hillsdale College as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Hillsdale College will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Hillsdale College (Tax ID: 38-1374230) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward standing for rigorous learning, character, faith, and freedom for generations to come.
Funds remaining in your donor-advised fund
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Hillsdale College as a “successor” of your account or a portion of your account value, you enable the continuation of truly independent classical education, now and into the future.
How to update a beneficiary designation:
Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.
Please use our legal name: Hillsdale College
Include our tax identification number: 38-1374230
Please let us know so we can ensure that your wishes are carried out.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!
