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Planned Giving

1912 Society

Leaving a gift to FSC in your will or trust, by beneficiary designation, or another form of planned gift can have a lasting impact on students at Farmingdale State College.

A planned, or deferred, gift — such as a bequest made through your will or a gift of life insurance — enables you to make a larger gift than you may have thought possible, while providing financial security for you and your family. We welcome the opportunity to work with you and your legal or financial counsel to develop a plan that will benefit you and FSC.

For more information on how to make a planned gift, contact the Office for Development and Alumni Engagement at 631-420-2142

Gifts by Will

A bequest—a gift in your will—is simple and convenient. Your bequest can be a specific dollar amount or a percentage of your estate. You can designate your bequest for general use, or you can restrict its use. Many individuals establish endowments that honor the memory of a family member, a professor who taught them, or a loved one. These endowments live forever, since only the portion of the fund available for spending each year is paid out annually.

Suggested Bequest Language

Percentage of estate for unrestricted purposes:

"I give to The Farmingdale College Foundation, a nonprofit organization located in Farmingdale, N.Y., _____ percent (%) of the remainder of my estate for its general charitable purposes.”

Percentage of estate to establish an endowed fund:

"I give to The Farmingdale College Foundation, a nonprofit organization located in Farmingdale, N.Y., _____ percent (%) of the remainder of my estate to establish the ________ Endowed Fund. The portion of this fund available for spending each year shall be used to ___________________________. Contributions may be added to the Fund at any time. If changed circumstances should at some future time make it impractical to continue administering the Fund for the purpose designated, then The president of Farmingdale College Foundation may designate another purpose, provided that the terms adhere as closely as possible to the original intent."

Specific amount for unrestricted purposes:

"I give to The Farmingdale College Foundation, a nonprofit organization located in Farmingdale, N.Y., the sum of $_______ in cash (or ________ shares of ________stock) to be used for its general charitable purposes."

Specific amount for specific purposes:

"I give, devise, and bequeath to The Farmingdale College Foundation, N.Y., a nonprofit organization located in Farmingdale, N.Y., the sum of $_______ in cash or in-kind (or ________ shares of ________stock) to be used for ________________ at Farmingdale State College.

Gifts That Pay You Income

Life-income gifts, such as gift annuities and charitable remainder trusts, can provide donors with an income stream, significant tax savings, and the satisfaction of supplying FSC with vital long-term resources.

Gifts from Retirement Plans

Gifts from a retirement plan can make a significant impact on Farmingdale State College and offer significant tax savings.

Farmingdale State College Alumni and Foundation

Farmingdale State College Alumni and Foundation comprises the Alumni Association which links 96,000 alumni to the College and to each other, and the College Foundation, the official fundraising organization which solicits private donations.

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