Planned Giving

Your Legacy is Our Future

Sierra College Foundation offers a full-range of charitable gift planning services. We can help you explore a variety of gift options that will allow you to make a difference in the lives of present and future generations of Sierra College students.

What is Planned Giving?

Planned giving is also referred to as gift planning or legacy giving. It enables philanthropic individuals to make larger gifts to Sierra College Foundation than they could make from ordinary income.

Interested in Learning More?

Sierra College Foundation can assist you and your advisors in developing an estate gift plan that serves you and Sierra College. Confidential inquiries may be directed to:

Sonbol-Aliabadi.jpg

Sonbol Aliabadi, Executive Director

Direct phone number: (916) 660-7021
Email: saliabadi@sierracollege.edu


Sierra College Foundation
5100 Sierra College Blvd., U27A
Rocklin, CA 95677

Tax ID#: 23-724-1877
Sample Bequest Language

Planned Giving Council

We also have a Planned Giving Council of professionals who offer free consultation to individuals who wish to consider making a gift to Sierra College Foundation.

Planned Gifts that Pay Income

The following gifts will be accepted for endowment purposes:

The donor makes an irrevocable gift to the Foundation in exchange for a fixed income for life. The payout rate is determined by the age(s) of the individual(s) receiving the income. The donor receives an immediate income tax deduction (in some cases, a portion of the annuity income is tax-free), and the assets are removed from the donor’s estate.

The donor transfers money or property to a trustee who makes payments to the Foundation for a specified number of years, after which the principal is returned to a designated non-charitable beneficiary, usually a family member. The income to the charitable beneficiary can be variable (unitrust) or fixed (annuity trust). The lead trust may provide the donor with a current income tax deduction and can assist in avoiding or reducing generation-skipping estate taxes.

The donor transfers cash, securities or other assets to a trustee in exchange for the trustee’s agreement to pay named beneficiaries a fixed sum of money – at least five percent of the initial fair market value of the trust assets. Once established, the annual amount never changes. Payments are made to the donor/beneficiary or to anyone designated for life or a period of time not to exceed 20 years. At the death of the last beneficiary or the expiration of the term of years, the trust will terminate, and the assets will be distributed to the Foundation. An immediate income tax charitable deduction is allowed for the remainder value.

The donor transfers cash, securities or other assets to a trustee in exchange for the trustee’s agreement to pay an income to the donor that is equal to at least five percent or more of the net fair market value of the trust assets as determined annually. The trust will terminate at the death of the last of the beneficiaries, or a term of not more than 20 years, and the corpus and accrued income will be distributed to the Foundation. An immediate income tax charitable deduction is allowed for the remainder value.

The donor makes an irrevocable transfer of assets to the Foundation now in exchange for a fixed income to begin at a specified date in the future. The longer the deferral of the income, the higher the payout rate and the tax deduction.

The donor makes an irrevocable transfer of money or securities (except those that are tax-free) to (NAME OF TRUSTEE) as trustee for a professionally managed pooled investment fund. Income beneficiaries are assigned units in the fund in proportion to the amount contributed, and income is paid to them for life from the actual earnings of the assets under management. Upon the death of the income beneficiary or beneficiaries, Foundation receives the remainder value of the units in the fund.

Sierra Legacy Society

Our Legacy Society was created to honor individuals who believe in providing a quality education for students today, tomorrow, and for generations to come.

Legacy Society members who include Sierra College in their estate plan or in a planned gift arrangement enable Sierra to achieve its goals now and into the future. Legacy gifts help provide scholarships for students and vital support for the College's outstanding faculty. These planned gifts also help to build new buildings and enhance academic programs and services.

Membership in the Legacy Society is offered to all individuals who have made a provision in their estate plans for Sierra College, regardless of the amount.

  • You join a group of other individuals who wish to leave their legacy to benefit the community and future generations through education.

  • You become more involved with college activities as honored guests at special events, such as graduation, and participate in regular meetings of the Legacy Society.

  • You may also participate in special events planned especially for you, including social activities and luncheons.

  • You will be recognized on a permanent basis on Sierra’s “Wall of Fame.” Recognition may also be established for classrooms or other facilities.

  • You will help provide a better life for future generations. Joining the Legacy Society is a generous act you’ll be proud of for the rest of your life.

The most common revocable (changeable) legacy gifts include: 

  • Bequests or gifts left by will
  • Distribution from a living trust
  • Joint titling of assets
  • Pay (transfer) on death accounts

A bequest is the best known deferred gift, and therefore most often used. A living trust functions like a will, but avoids probate. Bequests can be written for a specific amount, a percentage of your estate or the remainder after specified conditions are met. Cash, securities or other assets of the donor’s choice may be willed to the Foundation. 

Bequests and living will distributions may be made in one of the following forms:

  • A dollar or percentage amount
  • A specific item of property
  • The remainder
  • A transfer to a Charitable Gift Annuity, Pooled Income Fund, a Charitable Remainder Trust, or a Charitable Lead Trust
  • A contingent bequest

Contact Sierra College Foundation

Rocklin Campus U 27

  • Fall and Spring Hours
    M-Th: 8:00am - 5:00pm
    F: 8:00am - 3:00pm

    Gifts to Sierra College Foundation are tax-deductible to the extent allowed by law. The contribution deductible for tax purposes is limited to the amount that exceeds the value of any goods and services received by the donor.