Tena Kari Mitchell '74 speaks directly and from the heart. A teacher for 32 years and now a certified holistic health coach, Kari has dedicated herself to helping others transform their lives through lifestyle choices. And when it comes to Scripps, she sees an opportunity to transform lives by creating opportunities. More
The Cambridge Dictionary defines generosity as "a willingness to give help or support, especially more than is usual or expected." It goes on to offer a particular usage: "She is admired for her generosity." More
There are many ways to give back to Scripps College. One alumna seems determined to try them all. Elizabeth Cundiff ’84 has worn many hats at Scripps College, including that of a proud graduate, versatile volunteer, past Alumnae Association president, and now director of Alumnae Engagement. More
Professors Kathleen O'Brien Wicker and Jane O'Donnell inspired several generations of Scripps students, serving as academic colleagues from the 1970s into the 21st century. Both are now retired, but their relationship to the College—as well as their friendship with each other—remains strong. More
Barbara Schuyler Wetzel '59 arrived at Scripps College in 1955 from Denver, Colorado, with a love of art and a passion for history. Armed with intellectual curiosity and boasting artistic talent honed on miles of butcher block paper and crayon, Barbara dove into her Scripps experience with enthusiasm. More
As a student, Marjorie Thompson Burgeson ’50 benefited greatly from opportunities in the fine arts department. She built rich relationships with faculty mentors, received scholarship aid, and gained valuable experience in a part-time job at the art gallery. More
Ellen Clark Revelle ’31, was the great niece of Ellen Browning Scripps and Board of Trustee member. Her service and support of Scripps College, along with many other philanthropic causes, is legendary. More
Returning to Scripps in an administrative role has reinforced all the reasons why I give and have given to Scripps since graduation. Experiencing Scripps' growth in stature, impact, and influence in the world on a daily basis provides me with great satisfaction knowing that I am a contributor to this development. More
I began actively volunteering for Scripps about the time of my 40th reunion, though I had been a regular donor to Scripps since I graduated. As my volunteer work increased with my involvement in Camp Scripps and the class of 1970 reunions I deepened my relationship with the Scripps of today. More
"As the parents of four children and both physicians, for years the biggest concern my husband and I had when meeting with our attorney to draft a will was always "Who will be their guardian and how can we make sure we have provided for them should something happen to us.".. More
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 examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your 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.
A charitable bequest is one or two sentences in your will or living trust that leave to Scripps College a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
"I give to Scripps College, a nonprofit corporation currently located at 1030 Columbia Avenue, #2009 Claremont, CA 91711, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Scripps College or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Scripps College as a lump sum.
You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Scripps College as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and Scripps College where you agree to make a gift to Scripps College and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.