Outside view of Napier Avenue Campus

Invest in Our Future

Endowed Gifts

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An endowment gift to Lake Michigan College Foundation today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.

Here's how it works: Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Lake Michigan College Foundation. The remaining funds are reinvested to ensure indefinite support.

Check Out This Potential Scenario

Couple Smiling Longtime supporters Susan and Charlie have two goals: First, they want to make sure LMC Foundation continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.

Susan and Charlie make a $25,000 donation to LMC Foundation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie get a federal income tax charitable deduction on their taxes because they made a lump-sum gift.

Learn How to Fund It

You can create an endowed gift using the following assets:

Ready to start paying it forward? View and download your FREE copy of Endowments: A Gift That Lasts Forever.

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Next Steps

  1. Seek the advice of your financial or legal advisor.
  2. Contact Mary Klemm at 269-927-6849 or klemm@lakemichigancollege.edu to discuss endowed gifts.
  3. If you include LMC Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Lake Michigan College Foundation
Address: 2755 E. Napier Ave, Benton Harbor, MI 49022
Federal Tax ID Number: Please contact us for our federal tax ID number.