Planned Giving is the process of designing charitable gifts so that the donor realizes philanthropic objectives while maximizing tax and other financial benefits. Such gifts tend to involve the transfer of accumulated assets which have been earned or acquired over a lifetime. For that reason, they require the donor's careful consideration of how the transfer of a gifted asset will affect his/her current financial planning and estate planning, so they are not spontaneous. Planned gifts may be deferred or outright.
The most common gift planning arrangement is the Bequest. Donors may also support the School through gifts of property, annuities, life insurance and charitable remainder trusts. The process necessarily involves consideration of the effect of various gift options on the donor's income and tax position, and therefore professional advice is required in most cases.
Brochures are available through the Development Office featuring information about giving options, preparing a will, and other planned giving opportunities.
For more information on Major and Planned giving, contact the Development Office at (503) 292-7776, ext. 340.