Passionate about supporting Columbia College with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name Columbia College as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.
Check Out This Potential Scenario
"Life insurance policies are wonderful assets that can have a large philanthropic impact on Columbia College."
Years ago my husband and I decided to support Columbia College beyond just our annual gifts. For us, making a gift through a life insurance policy made sense. It also gave us another opportunity to support the Loyalty Fund.
By naming Columbia College as the beneficiary of your life insurance policy you will continue to own the policy during your lifetime. At the time of your death, the policy will be included in your taxable estate and your estate will benefit from an estate tax charitable deduction for the value of the gift.
– Dr. Beverly Daniel '74, Columbia College Board of Visitors Member
Learn How to Fund It
You can name us beneficiary of the following assets:
- Contact Office of Advancement at 803-786-3600 or firstname.lastname@example.org for additional information on beneficiary designations and how they can help support Columbia College with our mission.
- Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
- If you name Columbia College in your plans, please use our legal name and Federal Tax ID.
Legal Name: Columbia College
Address: 1301 Columbia College Drive Columbia, SC 29203
Federal Tax ID Number: 57-0324915
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.