Planned Giving

Are you passionate about supporting ARC, even after your lifetime? Estate or planned gifts are excellent opportunities to support American River College while meeting your current income needs and providing for your heirs. Examples of estate and planned giving instruments include wills and living trusts, life insurance or retirement beneficiary designations, IRA rollover, charitable gift annuities, charitable remainder trusts, and charitable lead trusts. All are wonderful ways to support ARC’s students and faculty.

Bequests

One way to give is with a bequest. Your will or trust can designate that a specific amount be transferred as a gift to American River College. Such a gift can take the form of cash, stocks, bonds, real estate, or any type of asset. You may also give a percentage of your estate. The bequest lets you pass on your gift to American River College free of tax.

Living Trust

A living trust is often a good supplement to a will for those who wish to avoid the time and expense of probate. There are many kinds of trusts for many different purposes. But they all have one thing in common: they are a means of assuring that your property will be handled, and ultimately passed on, in the way you wish.

Retirement Accounts

If you were already planning on leaving part of your estate to ARC, consider using your retirement account (such as your 401k or IRA) to make this gift. There is a charitable deduction of the federal estate tax so 100% of any sum going to ARC passes free of federal estate tax. As ARC is tax exempt, no income tax is payable. Naming American River College as the beneficiary of your retirement accounts allows you to leave other assets that are not as heavily taxed to your heirs.

  • Required Minimum Distribution - If you are 70½ years old or older, you can take advantage of a simple way to benefit American River College and receive tax benefits in return. You can give up to $100,000 from your IRA directly to American River College without having to pay income taxes on the money.

Charitable Gift Annuity

A Charitable Gift Annuity (CGA) is a time-tested method that many donors use to both give and receive. In addition to making a “planned gift” to ARC, a CGA will create an immediate income tax deduction and generate fixed income for life. After your lifetime, the remainder in the account will be transferred to ARC on your behalf.

  • A CGA can become an attractive part of your investment portfolio and may add a significantly charitable legacy. The fixed income payment amounts are based on your (and/or your spouse’s) age, and you can choose whether you receive payments immediately, or defer them to a later date.
  • American River College works with the California Community College league to administer CGA’s on behalf of our donors.
  • Fidelity Charitable offers more information about how charitable gift annuities work.

Sample Bequest Language

For a will (unrestricted)

I/We give [the sum of $______________] or [the following property:______________]; or [________ percent of my/our estate] or [the residue of my/our estate] to the Los Rios Colleges Foundation, a California nonprofit public benefit corporation located in Sacramento, California, to benefit American River College for its general purposes as determined by its Board of Directors.

For a will (restricted)

I/We give [the sum of $______________] or [the following property: _____________________]; or [_________percent of my/our estate] or [the residue of my/our estate] to the Los Rios Colleges Foundation (“Foundation”), a California non-profit public benefit corporation located in Sacramento, California for the benefit of American River College. This bequest may be combined with the Foundation’s other funds for purposes of investment and reinvestment and shall be used by the Foundation in support of ____________________________ [a specific area of interest after consultation with a representative of the Foundation]. If, at any time, in the judgment of the Board of Directors of the Foundation, it is impracticable or impossible to carry out this purpose, then the Board of Directors of the Foundation may use this bequest for such other purposes as shall be determined by the Board of Directors to be consistent with my/our interests and intentions.

For a trust (unrestricted)

The Trustee shall distribute [the sum of $______________] or [the following property: _____________________] or [________ percent of my/our trust estate] or [the residue of my/our trust estate] to the Los Rios Colleges Foundation, a California nonprofit public benefit corporation located in Sacramento, California, for the benefit of American River College for its general purposes as determined by its Board of Directors.

For a trust (restricted)

The Trustee shall distribute [the sum of $______________] or [the following property: _____________________] or [________ percent of my/our trust estate] or [the residue of my/our trust estate] to the Los Rios Colleges Foundation (“Foundation”), a California non-profit public benefit corporation located in Sacramento, California for the benefit of American River College. This gift may be combined with the Foundation’s other funds for purposes of investment and reinvestment and shall be used by the Foundation in support of _____________________ [a specific area of interest after consultation with a representative of the Foundation]. If, at any time, in the judgment of the Board of Directors of the Foundation, it is impracticable or impossible to carry out this purpose, then the Board of Directors of the Foundation may use this gift for such other purposes as shall be determined by the Board of Directors to be consistent with my interests and intentions.

For more information about how to make a planned gift to American River College, please contact Kirsten DuBray, Director of Donor Relations, at DuBrayK@arc.losrios.edu (916) 484-8175.

We encourage you to consult your personal financial advisor about making a legacy gift. American River College staff cannot offer legal or financial advice. Please visit the Sacramento Region Community Foundation for a list of local attorneys, CPAs, financial advisors and more.

Bob Branstrom Photograph

For Bob Branstrom ARC provided a place to figure out who he was and what he wanted to do with his life. A shy student, participating in campus activities helped shape his interests. Bob went on to earn a MS from UC Davis and a PhD from UC Berkeley. He believes in giving back to the communities that supported him. The ARC library and Science/STEM will benefit from his planned gift.

ARC Majestic Oak Legacy Society

How to Join

Legacy Society membership is voluntary and without obligation. Become a member by including American River College in your planned giving just like ARC alumnus Bob Branstrom.