Turn Your Annual Gift Into a Forever Gift
Annual gifts are a critical lifeline to Peru State College. Without them, we couldn’t
fund our work. If you’re an annual donor, you know firsthand the satisfaction that
comes from making a difference—and we deeply appreciate your generosity. But as you
look to the future, you may wonder what will happen to the programs made possible
through your gifts once you’re gone. How can you make sure your generosity continues
forever?
One option is to make a gift in your will or trust to establish an endowment.
Here’s an example of how that could work.
Let’s say Jerry makes an annual donation of $1,000 and would like to continue his
support after his lifetime. His estate planning attorney suggests that Jerry include
a provision in his will to fund an endowment with a gift of $25,000. Once funded,
we will use a portion of the endowment each year to fund the program of Jerry’s choice.
The remainder is reinvested, which allows it to grow and support annual payouts indefinitely.
This generous arrangement replaces Jerry’s $1,000 annual gift after his lifetime.* As a result, Peru State College receives the benefit of Jerry’s generosity forever.
*assuming 4 percent ($1,000) is used by the fund annually
Give in Their Name
You can use an endowment gift to honor someone important to you who appreciates the
work we do. Consider designating your endowment in his or her name as a way to celebrate
the connection to Peru State College.
Interested in learning more?
Contact the Foundation office, at pscfoundation@peru.edu or by calling 402-872-2304 .
The information in this publication is not intended as legal or tax advice. For such
advice, please consult an attorney or tax advisor. Figures cited in examples are for
illustrative purposes only. References to tax rates include federal taxes only and
are subject to change. State law may further impact your individual results.