Planned giving

Deferred giving, often referred to as planned giving, allows almost any individual to provide a gift to Episcopal High School while carrying out personal financial goals. Through planned giving, donors may find they are able to make a more generous gift to Episcopal while receiving financial benefits such as increased current income, tax savings, avoidance of capital-gains tax, and reduced estate-settlement costs. Please notify the School if you have already included, or plan to include Episcopal in your estate plans, and we will add your name to the Mary Packer Cummings Society. Established in 1999, the Cummings Society honors individuals who provide for the School through deferred gifts, such as bequests, life insurance, annuities and trust agreements. The society is named for Mrs. Cummings, who in 1912 bequeathed to St. John's Episcopal Cathedral the property on which the School was established. A few of the available planned giving options include:

• Charitable trust funds
• Charitable remainder trusts
• Charitable remainder annuity trusts
• Charitable lead trusts
• Life insurance

There are many ways in which life insurance policies can be used to make a contribution, all of which provide tax deductions and may enable donors to make a larger gift than would otherwise be possible.

Bequests

A valid, updated will is the cornerstone of an effective estate plan. Charitable gifts provide one of the few remaining deductions to estate taxes. By making provisions in your will for the School, you make a gift to the future of Episcopal High School.

As deferred gifts and some forms of current gifts can be quite complicated and carry significant tax benefits, donors are encouraged to consult the advancement office and their own financial planner when contemplating gifts. Contact the advancement office at 904.396.5751, ext. 1104, for information!