Planned Giving

A beneficiary designation gift is a flexible and affordable planned gift option. You can name South Puget Sound Community College Foundation as a beneficiary, using any of the following options:

• IRAs and retirement plans
• Life insurance policies
• Donor-advised funds
• Commercial annuities

Before deciding on the type of legacy gift you want to make, be sure to explore options that best align with your planned giving goals. Contact your broker, insurance agent, or financial representative for assistance in finding the best way to establish a gift plan that is right for you.

How It Works

1. Request a change-of-beneficiary form from the administrator of your retirement plan, insurance policy, or bank account, or download the form from your provider's website.
2. Decide what percentage (1 to 100) you would like the South Puget Sound Community College Foundation to receive and name us, along with the percentage you choose, on the beneficiary form. Return the completed form to your provider.
3. Contact the Foundation. Notifying the Foundation of your plans enables us to support your intentions and plan for the use of your future gift.

Legal name: South Puget Sound Community College Foundation 
Address: 2011 Mottman Road SW, Olympia, WA 98512 
Federal tax ID number: 91-1174940

You can contribute cash, securities (e.g. stock transfers), or other assets through a Donor-Advised Fund (DAF) charitable account to make effective contributions to student success. Be sure to ask your Financial Advisor for information specific to your goals.

Stock Donations

To make a stock transfer contribution, follow the instructions provided by your financial institution using the South Puget Sound Community College Foundation tax ID #91-1174940. 

After you make the transfer, be sure to notify the Foundation by calling (360) 596-5430. You will be asked to provide the following information:

• Stock transfer date.
• Stock name.
• Number of stock shares.

Making a bequest in your will or living trust is one way to establish your legacy. You can specify a dollar amount, a percentage of your estate, or give the remainder after all other provisions of the estate have been determined. 

Bequest Language

Following are two examples of sample language for bequests.

1. For an unrestricted gift that permits South Puget Sound Community College to determine the use of funds based on greatest needs:

   "I give to South Puget Sound Community College Foundation, a nonprofit corporation currently located at 2100 Mottman Road SW, Olympia, WA 98512, or its successor thereto,___________[written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose."

2. To designate your provision for a specific purpose:

   "I give to South Puget Sound Community College Foundation, a nonprofit organization currently located at 2011 Mottman Road, SW, Olympia, WA 98512, or its successor thereto,____________[written amount or percentage of the estate or description of property.] This gift should be used for (state purpose) if and so long as South Puget Sound Community College Foundation determines that the need exists. If South Puget Sound Community College Foundation shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then South Puget Sound Community College Foundation may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above."