Bunker Hill Community College Foundation is a 501 (c)(3) non-profit corporation. All gifts are tax deductible to the extent approved by law.
Gifts for current use
All BHCC funds are needs-based and focused on ensuring student success. Contributions can be made where they are needed most or dedicated to a particular area of interest such as:
The Mary L. Fifield Endowed Student Emergency Assistance Fund
Planned Gifts
Create a Lasting Legacy
Your legacy can help transform lives for generations to come. By including Bunker Hill Community College Foundation in your estate plans, you can make a lasting investment in the future of our students while supporting the programs and causes that matter most to you.
Your planned gift can be directed to scholarships, student emergency assistance, the DISH Food Pantry, academic and student support services, or another area that reflects your passions and values. Whatever your vision, your generosity will create meaningful opportunities for future BHCC students.
Life Insurance
Naming Bunker Hill Community College Foundation as the beneficiary of a life insurance policy is a simple and meaningful way to make a lasting impact. You can designate the Foundation as the beneficiary of an existing policy or a new one, often without affecting your current financial needs.
To ensure your wishes are carried out, please notify the Foundation of your intention and provide your insurance company with clear beneficiary designation instructions. This helps us honor your generosity and direct your gift according to your preferences.
Retirement Plans
Retirement assets can provide an efficient and impactful way to support Bunker Hill Community College Foundation. By naming the Foundation as the beneficiary of all or a portion of your retirement plan, you can create a lasting legacy for future generations of BHCC students.
Beneficiary designations can typically be updated quickly through your plan administrator. We encourage you to notify the Foundation of your plans and provide clear beneficiary instructions so your gift can be administered according to your wishes and your generosity can be recognized.
If you are age 70 ½ or older, your individual retirement account can provide a tax-smart way to make an impact now. The Qualified Charitable Distribution (QCD) is a wonderful way to make a tax-free gift now to Bunker Hill Community College Foundation as well as satisfy your Required Minimum Distribution (RMD). Contact your retirement account administration to request a Qualified Charitable Distribution from your account to benefit Bunker Hill Community College Foundation.
Bequests
A bequest through your will or living trust is one of the most meaningful ways to leave a lasting legacy at Bunker Hill Community College. Your gift can support scholarships, student emergency assistance, academic programs, or another area of the College that is important to you.
To establish a bequest, ask your attorney to include Bunker Hill Community College Foundation in your estate plan. Your gift may be designated as:
- A specific dollar amount
- A percentage of your estate
- The remainder of your estate after other obligations have been fulfilled
We also encourage you to let the Foundation know about your plans and share any preferences for how your gift should be used. This allows us to honor your intentions, express our gratitude, and ensure your legacy has the impact you envision.
Other ways to Give
Named Endowment Fund
A minimum gift of $25,000 can endow a fund to support BHCC students in perpetuity.
Securities
Gifts of appreciated securities can provide donors with substantial income tax savings.
Real Estate
Real estate gifts can offer many benefits to donors.
Are scholarships still needed now that there is "tuition-free" community college?
The answer is a resounding YES. Free community college tuition is not available to all students attending BHCC. Of the 16,943 students currently enrolled, 4,989 receive some amount of free tuition. The total estimated cost to attend community college full-time is $21,000. Only $8,400 of that cost is covered by the Massachusetts Free Community College program.