WAYS TO GIVE

Planned Giving:
Eleven ways you can assist The Brook Hill School to impact the future:

  1. Annual Fund - Annual giving is an integral part of The Brook Hill School. It helps provide the essential tools for our exemplary educational environment. Your tax deductible contribution to our Annual Fund allows us to continue with our operating budget. Academics, arts, athletics, tuition assistance, and faculty development are programs which are supported by our Annual Fund. Our goal for the 2006-2007 is $400,000, which will allow us to continue to provide a Christ-centered college preparatory education for our students. We strive for the best for our students, and your participation is vital. Please make your annual fund gift today and assist The Brook Hill School achieve our financial goals. Thank you for making The Brook Hill School a priority in your giving.
  2. Outright Gifts of Cash - Outright gifts are fully deductible up to 50% of your adjusted gross income if you itemize your tax return
  3. Outright Gifts of Securities
    • You can take a tax deduction for the full fair market value of the securities at the time you make your gift.
    • You can avoid capital gains taxes that would be due if you sold your securities.
  4. Gifts by Real Estate
    • You can take a tax deduction for the full fair market value on the property at the time you make your gift.
    • You can avoid capital gains taxes that would be due if you sold your real estate.
  5. Gifts by Will
    • There is no impact on your current financial picture since a will has no effect on your estate until you die.
    • Outright bequests are fully deductible in computing your estate taxes and may reduce the tax burden on your estate.
  6. Gifts Through Life Insurance
    • Life insurance gifts are simple. (Your insurance company can provide you the appropriate form to make The Brook Hill School owner or beneficiary of a policy).
    • Gifts of a policy are tax deductible (deduction is usually equal to the cash surrender value), as are any future premium payments.
    • Life insurance is not a matter of public record like a will.
    • Life insurance is paid promptly and will not be tied up in the administration of your estate.
  7. Gifts through Charitable Gift Annuities
    • You receive fixed payments for one or two lives (based on your ages when you fund the annuity).
    • You receive an income tax deduction (a large part of each transfer for a gift annuity is treated as charitable gift.)
    • There are potential capital gains savings if gift annuities are funded with appreciated assets. You will avoid the capital gains tax on a portion of the appreciation in the asset.
  8. Gifts through Charitable Remainder Trusts
    • You receive an annual income from the trust at a rate chosen by you (a minimum of 5%).
    • An income deduction is allowed for the value of the charitable remainder, and gift and estate tax deductions are also allowed.
    • You avoid capital gains tax on appreciated assets in the trust.
  9. Gifts through Charitable Lead Trusts Which Ultimately Return the Trust Principal to You
    • You receive an immediate income tax deduction for the present value of the total income payments to The Brook Hill School.
    • At the end of the trust term, the assets revert back to you.
  10. Gifts through Charitable Lead Trusts Which Ultimately Pass the Trust Principal to Loved Ones
    • You can greatly reduce gift and estate taxes.
    • At the end of the trust term, the trust principal, and any growth in the trust assets, will pass to children or other loved ones.
  11. Gift Your Home to The Brook Hill School While Continuing to Live There
    • You receive an immediate income tax deduction
    • You continue to live in your home and enjoy the privileges and responsibilities of home ownership as the owner of a life estate.
    • At your death, your home passes immediately to The Brook Hill School, passing probate, possibly saving some unnecessary expenses and delays.

There are many creative ways to support the mission of The Brook Hill School from the resources God has blessed you. If you would like confidential information, without obligation, please contact Harriet Renner, Director of Community Relations, at 903-894-5000, ext. 1041.