Planned Giving

Miss Masters' Legacy – And Yours.  

When Eliza Bailey Masters founded the Masters School in 1877, she expected her students to be "well-schooled, ethically sound, and a power for good in the world.” Though much has changed at the School since its founding, Miss Masters' directive is every bit as relevant today as it was nearly 140 years ago. This continuity of vision and mission is the greatest legacy handed down over the generations by devoted alumnae/i – many through planned gifts. 

A planned gift can be a future commitment such as inclusion in a bequest, or a gift received over a period of years through a trust. Through planned gifts, donors are able to make a significant gift while also addressing personal financial goals that incorporate advantageous tax and strategies and lifetime income needs. Planned gifts can also be a great source of personal satisfaction. Many of us may not be in a position to make a large outright gift in our lifetime, but overtime every gift we do make adds up to incredible support of the school. Through a planned gift, you can keep that support going and achieve philanthropic goals that might not have been possible through a single gift in your lifetime.

Ways to Give

A planned gift can be a future commitment such as inclusion in a bequest, or a gift received over a period of years through a trust. 


Including the Masters School in your bequest is a simple way to provide important support for the future of the School. You may choose to provide a percentage of your estate or a specific dollar amount. If you wish to name Masters in your will, we would be pleased to provide you with information concerning the appropriate wording.

Charitable Gift Annuity

A Charitable Gift Annuity allows you to support the School's mission and receive steady payments during your retirement years. Through a simple contract with the School, you agree to make a donation of cash, stock or other assets to Masters in exchange for a tax deduction and a lifetime stream of annual income to you or someone else that you choose. 

Charitable Remainder Trust

A Charitable Remainder Trust can be a wonderful way of providing significant long-term support for the Masters School while offering important tax benefits and allowing you or other beneficiaries to receive lifetime income (or income for a defined period of years. After the life of the named individuals or the set period of years, the balance or "remainder" of the trust goes to the Masters School and any other beneficiaries that you name. A lawyer would assist you in drawing up the trust.

The Estherwood Society

Through the Estherwood Society, the Masters School is honored to recognize and thank those individuals whose thoughtful planned gift arrangements provide an ongoing legacy for future generations of students. If you have already included the School in your estate plans, we ask that you let us know so that we can include you as a member of the Estherwood Society. Documentation or specific details about your plans are not necessary.  Members are entitled to special benefits throughout the school year.  

Planned giving is an important topic that would likely involve family members and your financial advisor. We would be pleased to provide you with additional details in order to help you to make the best decision for you and your family at the appropriate time.

Please call or email Tim Kane, Associate Head of School for Institutional Advancement (914-479-6527 or to let us know that you have included Masters in your estate plans, to schedule a confidential phone conversation and share your ideas, or simply request more information.


The Estherwood Society newsletter is published twice annually and provides general information on charitable and financial planning. Follow the links below to browse past issues, or to request a copy please contact the Advancement Office at 914.479.6575 or email

Spring 2016

Summer 2015

Fall 2014

For professional Advisors

The Masters School provides support for a full range of charitable gift planning options and services. The Masters School, its employees or representatives, do not offer legal or financial advice.

The information provided on this website is general in nature. We understand that financial, philanthropic and estate goals are unique to each individual. We strongly urge prospective donors to consult with their attorney, financial advisor, accountant or other appropriate professional before making long-term charitable gifts to Masters. We welcome the opportunity to work with you to help your client achieve their philanthropic objectives.

CORPORATE NAME: The Masters School, Inc.

TAX I.D.: 13-1740472


For more information on planned giving options, please contact the Advancement Office at 914-479-6575 or

Estherwood Society Stories

"To me, Dobbs is about lifelong friendships. I was only there for a year-and-a-half, and the friends I made at school are the best friends I have. I love Dobbs because it had such a profound impact on me when I really needed it. When I got married and started having kids, the need for a more detailed will became apparent. There was no question that Dobbs would be a part of that process."

-- Courtney Walthour Lamontagne ’84

"I hope that remembering Dobbs in my legacy will enable future students at The Masters School to have the same wonderful Dobbs experience."
-- Virginia Best Clarendon ‘43
49 Clinton Avenue
Dobbs Ferry, NY 10522
(914) 479-6400

Do it with thy might

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