Major gifts can be directed toward a variety of purposes that touch every part of Lincoln Land Community College and are central to our mission of providing quality educational programs and services that are accessible and affordable and responsive to individual and community needs.

You can select a specific purpose that matches your personal interests with the needs and priorities of the College. Such purposes include facilities, faculty support, academic programs and scholarships.

Planned Gifts

The Lincoln Land Community College Foundation has a full range of opportunities for planned giving.

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 you know 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 stop to 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:

• provide regular payments for you and/or your spouse or another person
• reduce your tax bill with a charitable income tax deduction
• enable you to "unlock" income from highly appreciated but low yielding assets while saving, delaying, or altogether avoiding capital gains tax
• offer professional investment management
• save estate and gift taxes

Gifts By Will

Your will is an extremely important document. It not only names the beneficiaries of your estate, but it also may set up trusts that will manage your property for years to come. In your will you have probably identified a personal representative, perhaps even a guardian or trustee for minor children. You have planned and drafted your will as a final expression of your personal values and love for your beneficiaries.

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.

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:

Karen Sanders

Executive Director

LLCC Foundation

5250 Shepherd Road

Springfield, IL  62794

(217) 786-2784

karen.sanders@llcc.edu

When making a deferred gift to the College, please consult your attorney, other appropriate advisors and the Lincoln Land Community College Foundation.

Whether you are a current donor or considering a first-time gift, when you give to the LLCC Foundation, you share in the College’s commitment of providing excellence in education. By making a gift, you will not only support education today, but for many generations to come. Gifts of any size are always appreciated!

We encourage donors to consult a professional financial advisor or legal counsel regarding estate planning.

Click here to view LLCC’s Naming Policy.