- - Hands-on exhibits and workshops
- - Interactive school-age programming at the L.A. County Fair
- - Vocational training that helps students find jobs
- - Leadership opportunities for high school students
- - Quality early childhood education and parent support services
Program Specific Giving
Donors can designate their gifts for a specific program. For example:
What can your $100 donation provide?
- Nine hours of Career &
Technical Education Center training for
one student
- Leadership materials and
supplies for Junior Fair
Board students
What can your $50 donation provide?
- Curriculum and bus
transportation for ten local students
to attend a field trip
at the L.A. County Fair
What can your $25 donation provide?
- Three months of intructional
materials for one Child Development
Center student
Wish List
In-kind donations from generous donors like you help The Learning Center at Fairplex offset its expenses by supplying needed items and materials for its core education programs. Please contact Yvonne Tejeda about making an in-kind donation.
• Water
• Non-perishable snacks and drinks
• New computers
• Tablets/netbooks
• Furniture (tables, chairs, desks)
• Classroom supplies (notebooks, paper)
• Industry-specific supplies for CTEC classes
• Leadership activity supplies
o Rope
o PVC pipe
o Tennis balls
o Construction paper
o String
Planned Giving: Ensuring Hands-On Learning for the Future
We invite supporters of The Learning Centers at Fairplex to consider our organization as you plan your estate and/or investment options. Special trusts and annuities also provide gifts of cash, securities, and real estate for donors during their lifetimes. As TLC programs grow and reach more community members, planned gifts help to establish a solid financial foundation for these learning opportunities. Examples of planned gifts include:
- Bequests — You can make charitable gifts by naming The Learning Centers at Fairplex as a beneficiary in your will. The federal government encourages these gifts or bequests, by allowing an unlimited estate tax charitable deduction.
- Charitable Gift Annuity —A Charitable Gift Annuity is a contract (not a "trust"), under which a charity, in return for a transfer of cash, marketable securities or other assets, agrees to pay you and/or your spouse a fixed amount of money (payment), for the remainder of your life/lives, not a term of years. The irrevocably contributed property (the gift) becomes a part of the charity's assets, and the payments are a general obligation of the charity. The charity’s entire assets, not just the property contributed, back the annuity. The annuity payments continue for the life/lives of the annuitant(s), and not only as long as assets remain in the Gift Annuity Fund.
- Charitable Remainder Trust — A charitable remainder trust is created by transferring your assets to a trust that typically pays you and/or your spouse an income for life or a term of up to 20 years. At the end of the trust, the remaining trust assets are transferred to The Learning Centers at Fairplex. There are several tax savings and tax advantages to this type of trust, including the complete prevention of long-term capital gains tax on the sale of appreciated property sold after it has been transferred to the charitable trust.
- Gift of Life Insurance — Life insurance policies that have some built up cash value can be donated to The Learning Centers at Fairplex. You may claim a charitable income-tax deduction for approximately the cash-surrender value of your policy. In addition, the value of the proceeds is removed from your estate for gift and estate-tax purposes.
- Charitable Lead Trust — A charitable lead trust is a way to make annual gifts to charity and potentially transfer principal to loved ones with little or no gift, estate or generation-skipping tax. You may transfer assets to a trust that makes payments to The Learning Centers at Fairplex for a certain number of years. At the end of the trust term, the trust principle will go to your selected beneficiaries, typically family members. The value of the annual payments to The Learning Centers at Fairplex lowers or eliminates the tax(es) that otherwise would be owed at the establishment of the trust.
- Gift of Retirement Plan —Many successful people have large qualified retirement plans such as IRA, 401(k) or Keogh plans. The assets in these plans will ultimately be subject to income tax through the estate process. However, you can avoid all income tax on any of these assets gifted to The Learning Centers at Fairplex through your estate.
- Retained Life Estate — A retained life estate is a gift plan defined by federal tax law that allows you to donate your home or farm to The Learning Centers at Fairplex while retaining the right to live in it for the rest of your life/lives. At the time of the gift, you may also receive a generous charitable income-tax deduction.
Almost any gift you contribute outright to The Learning Centers at Fairplex can be used to establish a planned gift, e.g. cash, appreciated long-term (held for at least a year) securities, and appreciated real estate. Our team has the resources available to help you understand how to plan your gifts. In addition to supporting the mission of The Learning Centers at Fairplex, a planned gift allows you or your family to enjoy the personal financial or family benefits that certain plans can provide for you. The tax benefits you receive depend on the type of gift and the assets used to fund it.
To discuss gift planning, please contact Laura Gallardo at (909) 865-4206 or email gallardo@fairplex.com. We appreciate your consideration of this special type of support that ensures relevant educational opportunities at Fairplex for years to come.
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