Planned Giving

Planned gifts such as bequests or charitable trusts can help secure Foote's future and may have additional financial benefits for the donor. The Foote School welcomes gifts made through different planned giving arrangements.

7 Ways To Make a Planned Gift

1. Gifts of Appreciated Stocks or Securities

Benefits to You:
Avoid capital gains tax; a tax deduction for the full fair market value of your gift

Benefits to Foote:
Buy low and give high: Make a gift that costs you less than the benefit it delivers to Foote, while avoiding capital gains tax.

2. Gifts by Will/Bequest or Revocable Living Trust

Benefits to You:
A future gift with no cost now; a deduction for estate taxes

Benefits to Foote:
Foote will receive funds upon the passing of the donor.

3. IRA Charitable Rollover

Benefits to You:
Reduce your taxable income; counts toward your annual required minimum distribution; tax-free use of an overfunded IRA account

Benefits to Foote:
Immediate receipt of gift

4. Life Income Gifts; Charitable Remainder Trust or Charitable Anuity

Benefits to You:
Immediate tax deduction for a portion of your gift; increase your income; defer capital gains tax

Benefits to Foote:
Foote receives funds upon the passing of the income beneficiary.

5. Other Assets: Real Estate, Life Insurance, Royalty Interests

Benefits to You:
An income tax deduction; avoid capital gains tax; unneeded assets are put to good use. Simplify your estate; avoid estate tax

Benefits to Foote:
Foote benefits from the full proceeds upon sale of the asset.

6. Retirement Plan Designation

Benefits to You:
No cost to you now; avoid income and estate taxes; easy to do without updating your will

Benefits to Foote:
Foote will receive proceeds upon the passing of the donor.

7. Donor-Advised Fund

Benefits to You:
Receive a tax deduction when you need it; make charitable distributions on your own timetable; involve your family in philanthropy

Benefits to Foote:
Immediate receipt of gift

For more information on making your planned gift, please contact Ann Baker Pepe, Director of Development, at 203-777-3464 or abakerpepe@footeschool.org

Please Note: This is general information and is not intended to be tax or legal advice. Please consult your own advisors.

Fourth graders spend weeks sculpting clay candle houses in art class. For a few glorious moments, their creations light up a darkened Sandine Theater as part of a winter-themed celebration.

The Centennial Society

Membership in the Centennial Society is extended to those who have made a provision in their wills or estate plans to benefit The Foote School.

Contact Us

Ann Baker Pepe
Director of Development and Alumni Programs

Phone: 203-777-3464 x218
Email: abakerpepe@footeschool.org