The LLCC Annual Fund
For more information on the Annual Fund, simply call the LLCC Foundation at 217-786-2785 or e-mail us at LLCC.Foundation@llcc.edu.
General Endowment Fund
For more information on the General Endowment Fund, simply call the LLCC Foundation at 217-786-2785 or e-mail us at LLCC.Foundation@llcc.edu.
Scholarships are a great way for you to honor a loved one, promote specific career fields, or simply fulfill a lifelong passion for helping others. Our scholarship program is flexible and varied enough to allow you to achieve your philanthropic goals. The LLCC Foundation staff is happy to work with you to customize your scholarship and to discuss a wide variety of options regarding donations and gifts.
There are two kinds of scholarships that you may establish:
As a donor, you are entitled to several benefits:
Please know that gifts of all sizes are welcome and appreciated. The LLCC Foundation also has a General Scholarship Fund and emergency fund among others that provide you with other options to help students.
You can also select a specific purpose that matches your personal interests with the needs and priorities of the College. Such purposes include faculty support, academic programs and scholarships.
To find out more, contact Karen Sanders, LLCC Foundation Executive Director at 217-786-2784.
Planned gifts can offer tax savings, income streams, and investment benefits. They also are a way to make a gift that will live on - leaving a legacy that will make a difference for many generations to come. Planned gifts include wills/bequests, life insurance, pooled income funds, and charitable remainder trusts.
Planned gifts can be made for any purpose and in any amount. Usually, a planned gift is much larger than an annual gift and requires the assistance of an attorney or the donor's advisor. Many times, planned gifts are made through provisions in one's will; however, it is possible to make a planned gift while one is still living, through life insurance and charitable remainder trusts. In fact, any time you consider the timing or tax benefits of making a gift, you may be making a planned gift.
Planned giving arrangements can help you meet a number of financial goals, including planning for retirement, providing for elderly relatives, and funding educational expenses. These gifts can be funded with cash or appreciated securities. Options include the pooled income fund and charitable remainder trusts. The benefits vary, but all of these arrangements can do the following:
Gifts By Will
Many who are concerned about preserving current income but still want to make a special gift to the Lincoln Land Community College Foundation decide to remember us in their wills. Gifts through bequests are an excellent way to leave a legacy of support for excellence in education. In addition, such gifts may reduce estate taxes.
We encourage donors to consult a professional financial advisor or legal counsel regarding estate planning. When making a deferred gift to the College, please consult your attorney, other appropriate advisors and the Lincoln Land Community College Foundation.
Language for your will:
I give, devise, and bequeath to Lincoln Land Community College Foundation, an Illinois charitable corporation, the sum of $______________ (or a description percentage of the specific asset) for the general purposes of helping students at Lincoln Land Community College.
If you would like more information about how to include the Foundation in your will or how to make a special gift to the College that provides you with annual payments, tax savings, and other benefits, please contact us at the address, telephone number, or e-mail address below.
We would also appreciate hearing from you if you have already included Lincoln Land in your will or long-range financial plans so we can ensure that your wishes are fulfilled.
Please refer your inquiry to:
NOTE: This information is provided as an educational service. Personal advisors should always be consulted.