Gifts Anyone Can Make
Did you know there are ways to support the Taft School that don't affect your current lifestyle or your family's financial security?
- You can make a gift that costs you nothing during your lifetime.
- You can make a gift that leaves your cash flow and current financial planning unchanged.
- You don't have to use cash to make your gift: you can "buy low and give high" by making your gift with appreciated securities instead.
- You can gift an asset you no longer need or want.
The IRS allows its most significant tax breaks for gifts of
Give the Taft School an interest in a closely-held or family business.
- New Policy - You can fund a future gift for us and deduct premium payments.
- Paid-Up Policy - Give us a policy whose coverage you no longer need.
- Gift-Replacement - Create a life-income gift for yourself; create an irrevocable insurance trust to restore the value of your gift to benefit your heirs.
Support the Taft School by transferring an interest in a real estate or oil-and-gas partnership.
Donate books, artwork, or equipment and secure an income tax deduction.
Make a substantial gift to the Taft School through a transfer of residential, commercial, or undeveloped
Retained Life Estate
Receive a large deduction by donating a residence while retaining the right to live there for life.
The balance of your retirement plan may be worth more when donated to the Taft School than to your heirs.