There are many different ways to make a gift to Lake Forest College - choose what method works best for you.
Any and all gifts made to the College are greatly appreciated. There are many different ways you can make your gift, see below to determine the method that works best for you.
Year-End Gift Planning
Set to expire on December 31, 2020 this Act provides several options including the ability for non-itemizers to claim a charitable deduction of up to $300 for cash donations, 100% charitable gift deduction for cash gifts, and no required minimum distributions (RMD) from retirement accounts. More Information>>>
This law raises the age at which you must start receiving required minimum distributions (RMD) from retirement accounts from age 70½ to 72, allows contributions to be made to a regular IRA after the age of 70½, and requires (with certain exceptions) that retirement funds given to nonspousal beneficiaries be fully distributed within ten years. More Information>>>
Other Ways to Give
Setting up monthly, quarterly, bi-annually, or annually recurring credit card gifts is simple and easy! While on our secure online giving form - under the "Payment Details" section, check the box that reads "Make this a recurring payment" and follow the prompts.
You will also become a member of our Loyalty Circle Guardian Society.
c/o Lori Hansen, 312-364-8645
DTC number: 0226
Account number: GER-011516
(current as of 11/1/20 - questions, call 847-735-6000 or email firstname.lastname@example.org)
Companies across the nation support causes that are important to their employees by matching charitable contributions. This means you can increase your impact and make your contributions go further at Lake Forest College by collaborating with your company’s matching gift program.
Make gifts in memory of or in honor of someone dear to Lake Forest College and yourself is very welcome. We welcome these gifts and appreciate the importance of this philanthropic effort to all parties involved.
While on our secure online giving form - under "Specific area, fund, or occasion," select the appropriate dropdown and identify the name of the individual.
Gift Planning & Estate Gifts
Many supporters designate a portion of their assets via bequests in their wills or directions in their living trusts to benefit Lake Forest College. These gifts enable you to make a significant gift that you may not be able to otherwise. More information >>
Sample bequest language:
“I give, devise, and bequeath to Lake Forest College, the sum of $_____ (or a description of the specific asset), for the benefit of Lake Forest College and its general purposes/for the following purpose (state the purpose): _______.”
Life income plans are a great way to make a substantial gift to support Lake Forest College while still providing for your personal financial needs. There are several types of such plans, all of which combine income for life for one or more beneficiaries with a charitable gift. More information >>
The charitable lead trust is an excellent option for those who wish to make a substantial gift but still plan for heirs in the future. More information >>