Planned Giving gifts ensure that an excellent education continues to be a hallmark of a Washington Episcopal School for years to come while offering substantial benefits for you or your family through tax deductions and other benefits that support your financial and charitable goals.
Many options are available including:
Bequests- The most common type of planned gift, it is a simple provision that can be added to your will to remember Washington Episcopal School. It is important to use our legal name which is below.
Life Insurance- If individual life insurance policies are no longer needed to protect family members or a business, Washington Episcopal School may be named as the beneficiary, providing you with estate tax benefits.
Retirement Plan Assets- Donate assets to the school to possibly reduce double taxation.
Charitable Lead Trust- Assets placed in a Charitable Lead Trust will benefit the school for a period of years designated by you. At the termination of the trust, the principal is transferred to your children or grandchildren. You obtain an immediate income tax deduction (particularly useful in an unusually high income year) and can effectively pass the property to your children or grandchildren at significant gift or estate tax savings.
Charitable Remainder Trust- Consider a Charitable Remainder Trust in order to make a gift to the school while maintaining the benefits of certain assets. A fixed percentage of the assets placed in the trust is paid annually to you, a family member, or other beneficiary. The income can be paid for life or a certain number of years, at the end of which the assets pass to Washington Episcopal School. By establishing the trust, you may receive income or gift or estate benefits.
Washington Episcopal Day School, Inc.
5600 Little Falls Parkway
Bethesda, MD 20816
We welcome any questions you may have about making a gift to WES. Please contact Claire Henderson, Director of Development, at 301-652-7878 or firstname.lastname@example.org.
Thank you for your consideration.
Washington Episcopal School does not provide legal or tax advice. We recommend that you consult with your attorneys and financial advisors regarding the best way for you to make your gift, since all are impacted by changing tax laws.