Create a Legacy.
Make a Difference in Our Community.
Invest in the Future.
By making a planned gift of any size, you will have a profound impact in the lives of CVTC students and can help ensure that the college will fulfill its mission of delivering innovative, applied, and flexible education that supports a diverse community of learners, improves the lives of students, and adds value to our communities.
What is Bridge Builders and What Does it Mean to CVTC?
Bridge Builders recognizes a group of individuals who have made the choice to leave a lasting charitable legacy to CVTC through a planned gift. Planned gifts provide resources that help bridge the gap to education and preserve high quality opportunities for CVTC students. Some individuals choose to make a gift to a specific purpose, such as a particular academic program, scholarship fund, or student resource. Alternatively, you may wish to leave an unrestricted gift to be utilized at the Board of Directors discretion. Legacies for general purposes enable the College to respond quickly and effectively to new or unexpected needs.
Be a Bridge Builder
After lifetimes in higher education, we strongly support students attending Chippewa Valley Technical College. Nancy taught for many years at CVTC’s Menomonie Campus, in creating innovative ways to bring success to her students. Her work was recognized, throughout the state for excellence! Jim was the Dean of Industry & Technology at UW-Stout, prior to serving as President of Dunwoody College of Technology & Bemidji State University. He worked throughout the world in leading entrepreneurial learning of technology! We found establishing an endowed CVTC scholarship was leaving a lifetime commitment to tomorrow’s excellence!
– Nancy & Jim Bensen
Ways to Invest
You might be surprised to learn that there are ways to support CVTC that don’t affect your current lifestyle or your family’s security. By making a planned gift, you can make a significant impact in the lives of CVTC students- and gain financial and tax benefits for you and your family. Many planned giving options create a reduced tax burden currently, or in the future and may also reduce estate taxes for your heirs.
Bequests
The easiest way to make a legacy gift is to create a bequest in your will or living trust with either a specific gift amount, or a percentage of your estate. This takes a simple designation in your will or trust and is not payable until death. This costs nothing during your lifetime and provides the peace of mind that your gift can be modified should your circumstances change.
Retirement Assets
A gift of your retirement assets would convey all or some of the capital remaining in your retirement account (such as a 401(k) or IRA) to the CVTC. This may also reduce the size of your estate and subsequent tax liability for heirs. Simply designate the CVTC Foundation as a fractional or total beneficiary in your retirement
Life Insurance
You can name the CVTC Foundation as the owner and beneficiary of a life insurance policy. This provides an income tax deduction based on the value of the paid premiums. Like a gift of retirement assets, this is a simple designation of CVTC Foundation as the beneficiary of the identified life insurance policy.
Three Simple Steps to Ensure Your Legacy
A statement of intent is all you need to become a Bridge Builder. Whatever inspires you, whatever your circumstances are– planned gifts are very flexible and can be arranged to meet your needs and wishes.
1
Let your estate planner or financial advisor know you are considering a gift to the CVTC Foundation. They can assist you in determining what type of gift best suits your circumstances.
2
Contact CVTC Foundation, we will answer your questions and help you establish the gift purpose and criteria to ensure your wishes are met. We also request you complete a Declaration of Intent.
3
Inform your family and friends about your legacy gift.
We're Here to Help
Our staff is ready to assist you as you explore how to fulfill your charitable goals and leave a legacy at CVTC. We are happy to provide you with sample bequest language to include in your estate plans, or discuss arrangements that may be of interest to you. Together we can find a gift that is right for you.
If you have already included CVTC Foundation in your estate plans, we would be pleased to hear from you. We would like to thank you, as well as ensure the purpose of your gift is fully understood.
Thank You!
Leaving a legacy is one of the greatest gifts we can receive. We can achieve so much with your support and want to recognize and thank all our Bridge Builders. We record all legacy bequests in our Annual Report, which provides a public record of the generosity of our donors.