Giving
Gift Planning
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. Planned gifts allow donors to make a significant gift while also addressing personal financial goals.
BEQUESTS
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. We encourage you to consult your tax advisor before making any decisions regarding your estate plan. If you wish to name Masters in your will, we have included sample language below.
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. We encourage you to consult your tax advisor before making any decisions regarding your estate plan. If you wish to name Masters in your will, we have included sample language below.
“The Masters School is to receive the sum of $_______. This bequest is unrestricted, and the Board of Trustees or other governing body may use and expend the bequest in any manner it deems appropriate.”
“The Masters School is to receive _______% of my estate. This bequest is unrestricted, and the Board of Trustees or other governing body may use and expend the bequest in any manner it deems appropriate.”
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.
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.
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.
IRA CHARITABLE ROLLOVER
Starting at age 70 1/2, you can make tax-free Qualified Charitable Distributions directly from your IRA to a qualified charity. For 2026, you can donate up to $111,000 annually ($222,000 for married couples with separate IRA accounts), which counts toward your Required Minimum Distribution if you have reached age 73 or 75. Because these funds never enter your bank account, they are excluded from your Adjusted Gross Income. This not only avoids income tax on the donation but can also lower the taxes on your Social Security benefits and help you avoid higher Medicare premiums.
