Planned Giving - Leave a Legacy While Investing in SouthArk
The Heritage Circle is composed of donors who support South Arkansas Community College through bequests, trusts, life insurance, real estate or other major planned gifts to the SouthArk Foundation. Individuals and families may become members of the Heritage Circle by committing one or more of the special gifts outlined below to the Foundation.
Planned giving is an effective way to make a charitable gift through the SouthArk Foundation that will benefit SouthArk and provide tax benefits and often a stream of income to you. This type of major gifting is a versatile investment for you because it gives you the opportunity to support SouthArk programs of your choice while, in many cases, reducing your tax obligations. Planned giving typically represents a gift commitment you make that will benefit SouthArk either today or at some point in the future.
There are many ways your contribution can make a lasting impact on students, faculty, and academic programs. Your generosity provides SouthArk with a solid foundation on which to build our educational efforts and enhance our legacy of providing a strong and qualified workforce for our community.
By working with the SouthArk Foundation staff, you can develop a financial giving plan that incorporates your personal and philanthropic goals, while also supporting education. Your personalized gift plan can support your financial goals while providing the maximum tax benefits. A planned gift may provide:
- A charitable income tax deduction
- Relief from capital gains taxes on gifts of appreciated property
- A reduction in federal estate taxes and probate costs
- The satisfaction of knowing that you are making a meaningful gift to SouthArk students