About Barrio Logan College Institute

In-Kind Gifts

Gifts of goods and professional services make a big difference too.
Here are few things we could use:

For Students

  • Books and school supplies
  • Paper and art supplies
  • Educational games and products
  • Nutritious snacks, paper plates, paper cups, and napkins
  • Field trip vouchers and tickets to local events
  • Donate your Frequent flyer miles to our out-of-state alumni
  • College gear and care packages

For the Organization

  • Cleaning supplies
  • Office supplies
  • Technology repair services
  • Printing services (invitations, outreach materials, etc.)
  • Silent auction items or promotional materials for fundraising events
  • Remember, you can also sponsor, host, or cater a BLCI event.

 
BLCI students

Other Types of Giving: Gifts of Assetts and Endowments

Planned gifts not only benefit the students and families of Barrio Logan College Institute, but you as well! In many instances, you not only have the satisfaction of supporting BLCI, but you also qualify for tax benefits as well.

Stock
Giving appreciated stock returns several benefits to a donor. The gift amount is the value of the stock on the date it is given, not the purchase amount. Additionally, no tax is due on the capital gains.

Real Estate
Similar to gifts of appreciated stock, the gift value of contributions of real estate is the fair market value of the property at the time of the gift – not the original purchase price. Also, no taxes will be due on the appreciated value of the property.

Qualified Retirement Assets
Transferring remaining assets in qualified retirement plans to any family member other than one’s spouse results in taxes that may exceed 80 percent. Naming Barrio Logan College Institute as the successor beneficiary of your spouse allows you both to have use of the assets in your lifetimes and transfers the full value of any remaining assets to support programs at Barrio Logan College Institute.

Wills and Trusts
One of the easiest decisions you can make now that will benefit Barrio Logan College Institute in the future is to designate BLCI to receive a bequest through your will or trust. This option results in no alteration of your current lifestyle. If you have already included BLCI in your estate plan, let us recognize you contribution today! Click here to confirm your bequest.

Life Insurance
Make Barrio Logan College Institute the owner and beneficiary of your old policy or a new one. If annual premiums are due, make gifts to Barrio Logan College Institute in the amount of the premium and qualify for an income tax deduction.

Charitable Trusts

Income to You: Making a gift to a Charitable Remainder Trust or a Pooled Income Fund returns income to you in addition to income and estate tax benefits and bypasses capital gains taxation. The income you receive can be for your lifetime or for a period of years. In some instances, you may choose the amount of income you will receive.

Income to Charity: Transferring assets to family members is subject to gift and estate taxes, perhaps as much as 55%. Through a Charitable Lead Trust, you can reduce, and even eliminate, those taxes. In this vehicle, you select an annual amount to be distributed to Barrio Logan College Institute. You also choose the number of years for the distributions. After the selected term, the assets in the trust pass to your family at substantially reduced taxes.

Retained Life Estate
A significant part of most Californians’ estate is their home. You can surrender ownership of your home to Barrio Logan College Institute, continue to enjoy all the benefits of staying in your present surroundings for your lifetime, and receive tax benefits.

Endowments: A Gift of Hope

An endowment is an investment that provides endless support to charitable causes. It’s an investment in the future … the future of San Diego. It's a gift … a promise without end, made by you to your children and grandchildren in support of your community. Endowments are made possible by you … those who have lived and embraced all that our region has had, will have and can have.

Endowments are permanent. They are funds with the requirement that the principal is never spent. The balance in these funds is invested, earning income that is then spent to support charitable works in perpetuity. Barrio Logan College Institute recently established an operational endowment at The San Diego Foundation. Our goal is to raise 4 million dollars to provide general operating support so that our efforts are focused on what is most important--our students.

Your gift to the Barrio Logan College Institute Fund is designed to provide long-term support as we to continue to offer innovative, effective college preparation programs for the students and families we serve. With generous support from the San Diego community, we are helping to ensure that the future generations of Barrio Logan have the confidence, guidance, and resources to attain a higher education. In addition to your regular annual contribution, please consider making an additional gift to our endowment. BLCI is a nonprofit partner of Endow San Diego.

 

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