SECURING THE WAY FOR FUTURE CRUSADERS

Planned gifts are a way for donors to remember Edgewood in their estate and make a larger gift than they might have thought possible. Making a planned gift may be as simple as remembering Edgewood in your will or naming the school as a beneficiary of an insurance policy. Donors who include Edgewood in their estate plans are enrolled as members of the school's Heritage Society and recognized annually at events and in the high school's Annual Report. Different types of trusts can serve as a means to provide enduring support for Edgewood while also providing for your specific long-term retirement needs or for other beneficiaries. Many gift plans can also improve the donor's financial tax situation.

Other ways to provide support to EHS in perpetuity include gifts to the Sr. Kathleen O'Connell Endowment or creating a named endowed scholarship fund ($10,000 minimum). The principal of the endowment and endowed scholarships is preserved and a portion of the earnings are used. The endowment is carefully managed for growth as well as current income, and serves as the foundation for the long-term stability and fiscal success of Edgewood High School.

If you have interest in creating such a financial mechanism of support for EHS we recommend you consult with a financial advisor. For more information contact Director of Institutional Advancement Mary Link at 257-1023, ext.168. .


YOUR GIVING OPTIONS

View a Clear Description of the Main Types of Planned Gifts One Can Make

Often, those considering a gift to EHS want to hold on to their assets now to be sure they can meet their future financial needs. EHS friends are usually delighted to learn that there are excellent alternatives that allow them to accomplish this and still make a gift plan.

A planned gift can be revocable -- a charitable bequest in your will, for example -- so that you can change your mind at any time. Or it can be irrevocable (just as outright gifts are), so that you benefit from an immediate income tax deduction.

The attraction of irrevocable planned gifts is that they are deferred. You part with an asset today, but the actual giving of the asset to us is put off for a while -- often until after your lifetime (and that of a surviving beneficiary, if you wish). During the time in between, you receive benefits from the gift.

For example, with a charitable remainder trust, you receive lifetime income from the asset after it's placed in a trust, and we would receive the remainder of the trust after your lifetime. Or you could deed a remainder interest in your home and still retain the right to live in it for life.

The key feature of planned gifts like these is that they provide important benefits to both the donor and Edgewood High School.

Edgewood High School would be happy to meet with you to discuss the possibility of a planned gift. Please call the Advancement office at 257-1023, ext. 168, or EHS President Judd Schemmel at ext. 141.