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FOUNDATION AND ALUMNI
Give the gift of education for generations to come. Ensure tomorrow’s students receive the comprehensive, high quality education required for success by making a planned gift through your estate or investments to the Aberdeen Public Schools Foundation.
Planned giving is a method through which you can leave a lasting gift to the Foundation. Planned gifts provide creative and flexible solutions as you pursue your charitable and financial goals. Planned gifts are designed to benefit your family first, and charities second. Among the financial benefits you may receive are substantial tax savings and inflation-resistant income for you, your spouse, and possibly your children.
However, the greatest benefit is knowing that you are supporting work that is important to you, your community, and future generations.
Your planned gift can fund:
Academic Achievement
Support for Struggling Students
Music and the Arts
Basic Student Needs
Professional Development
Special Needs Programs
Donor Directed Endowments
To maximize your wealth transfer and tax benefit, we suggest seeking advice from professional advisors including attorneys, CPAs, financial planners and trust officers.
There are several ways to include the Foundation in your will or trust. You can do so by:
Giving a specific dollar amount: Stating a dollar amount to be given through your estate plan offers a certainty as to the amount that will be utilized for charitable use.
Giving a percentage of the estate: If you are unsure at this time, of the dollar gift to leave as a bequest, you may want to specify a particular percentage of the assets in your estate plan to be given the Aberdeen Public Schools Foundation.
Giving specific property (real estate, tangible personal property or other assets) from the estate: A gift of property allows you to take a tax deduction, avoid capital gains tax, and provide support for the Aberdeen Public Schools Foundation. The gift may be an entire piece of property or an undivided fractional interest in it.
Indicating all or part of “what is left”: If you are not comfortable with the idea of leaving a specific amount or percentage of your assets to charity, you might wish to provide for a gift from your estate after providing adequately for your loved ones.
The beneficiary designation form is prepared through your advisor.
You can specify a dollar amount or a percentage of the investment to the Foundation.
A Charitable Remainder Trust allows you to make a significant gift to the Aberdeen Public Schools Foundation and receive income for life. When the trust ends, the assets remaining in the trust go to the Aberdeen Public Schools Foundation. Possible contributions include stocks, livestock, commodities or machinery.
Using this giving vehicle, you may be able to achieve one or more of the following goals:
Increased income from low-yielding assets.
Reduction or elimination of income, estate, and gift taxes that could otherwise be due.
Diversification of investments and the potential for tax-free growth of assets (no capital gain recognition on sale of assets).
The enjoyment of making a gift that might not otherwise be possible.
When considering whether or not a planned gift is appropriate for you, ask yourself a few simple questions:
What do I want to give?
How should I give?
When should I give?
Where will my gift make the most impact?
To visit about options for leaving your legacy, contact the Aberdeen Public Schools Foundation.