Continue Supporting Our Work After Your Lifetime
Want to learn more about making tax-wise gifts? Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.View My Free Brochure
Passionate about supporting Simpson College with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name Simpson 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.
Gifts to Simpson College by Beneficiary Designation
Gifts by will or by revocable "living" trust are the most common form of deferred gifts to support Simpson College. A bequest is naming a person or recipient of a gift and is contained in a person's will or revocable (living) trust. The following language is an example of how a bequest to benefit Simpson may be worded, for review by you and your attorney:
I give, devise and bequeath to Simpson College (EIN 42-0680389), a qualified 501(c)(3) charitable organization located in Simpson College, _____ percent of my residual estate (or a specific bequest of $__________, or other personal or real property appropriately described) for (an endowed scholarship, program or unrestricted use), to be used in accordance with the terms of the most recent written directive I have signed with the College, and, if none exists, to be used as directed by the President of Simpson College.
Let our Advancement Office know if you have included Simpson in your estate and/or plans so we may know how to fulfill your gift once it ultimately comes to the university. Complete a confidential Declaration of Gift Form and please to contact our staff with any questions you may have.
Check Out This Potential Scenario
See How It Works
Learn How to Fund It
You can name us beneficiary of the following assets:
- Contact Ken Converse at 515-961-1548 or firstname.lastname@example.org for additional information on beneficiary designations and how they can help support Simpson 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 Simpson College in your plans, please use our legal name and federal tax ID.
Legal Name: Simpson College
Address: Indianola, IA
Federal Tax ID Number: 42-0680389
Information contained herein was accurate at the time of posting. 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 any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual 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.