Gifts That Cost You Nothing Now
You can learn more about these special opportunities in our free brochure, How to Create Your Legacy, and other complimentary planning resources. These resources are just a click away!
Gifts in a will, trust, or beneficiary designation are three easy ways to defend liberty through education at Hillsdale for years to come—and they will not cost you anything now.
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 liberty through Hillsdale College. Once you provide for your loved ones, we hope you will consider establishing a legacy of liberty and learning through an estate gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits…
LASTING IMPACT
You will defend liberty for your children and grandchildren.
FLEXIBLE
You can alter your gift or change your mind anytime and for any reason.
NO COST
You don’t have to give anything now other than a little information.
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
A residuary gift is a gift of all or a percentage of the remainder of your estate after specific bequests and expenses are paid.
Specific Gift
A specific gift is a gift of a particular piece of property. Examples include real estate, funds in a bank account, or stocks, bonds, or other equities.
Contingent Gift
A contingent gift takes effect only if the primary beneficiary or beneficiaries do not live longer than you. In other words, your gift is contingent upon whether or not they survive after you.
You can mix these different ways to give 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
You can easily put your bank accounts, retirement funds, savings bonds, and more to support the pursuit of truth and defense of liberty through education for generations to come—and it costs you nothing now.
By naming Hillsdale College as a beneficiary of these assets, you can establish your personal legacy in defense of truth and liberty and help future generations of students of all ages, from kindergarten through lifelong learners, learn the principles of freedom necessary for liberty and free-enterprise to flourish.
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 an education that preserves 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 anytime, and your estate taxes may be reduced.
Bank or brokerage accounts
This is one of the easiest gifts to give and maybe 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 even a brokerage account. When you do, you’ll help support Hillsdale’s four pillars of learning, character, faith, and freedom for future generations.
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 the pursuit of truth and defense of liberty at Hillsdale, 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
See Your Impact
Joy Pullmann, class of ’09, has quite the list of accolades. Learn more about Joy’s experiences at Hillsdale, her achievements since graduation, and her passion for the College in an inspiring video on our Your Impact page, along with other success stories.
I’m Here to Help
I am 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!
Complimentary Gift Planning Resources are Just a Click Away!
Ways You Can Make a Major Impact
Gifts That Make An Impact Now
Gifts That Cost You Nothing Now
Gifts That Pay
You Income
