Ways to Give

For more information, please contact:

Tina Morgan
Director of Advancement
315/446-2452, ext. 124

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Ways to Give

Ways to Give

While there are many ways to give to the School, a cash gift is the most common and often the easiest. Checks can be made payable to Manlius Pebble Hill School. A credit card can also be used to make a gift or a pledge payment.

Pledge Over 3 – 5 Years
Many donors choose to maximize their gift to the School by making a pledge, which is then payable over several years. Options include dividing the total pledge evenly out over three to five years or making a minimal payment in the first couple of years, with a larger payment made at the end of the pledge period. In this way, you can structure the payment in a way that best meets your own financial circumstances.

Appreciated Securities or Stock
Gifts of appreciated securities or stock can be one of the most advantageous ways of giving. If your gift of stock is one you have owned for more than one year, you may deduct the full fair market value of the stock as a charitable contribution, while eliminating capital gains taxes. This gift enables many of our friends to contribute far more to the School than would otherwise be possible.

Corporate Matching Gifts
Many employers will match your gift to Manlius Pebble Hill. Simply submit a matching gift form, which is usually available from your human resources department, with your gift. You will be recognized for the value of your gift plus any match.

A gift to the School, made through a bequest, is a symbol of commitment and a strong reminder to those who remain of unyielding philanthropy and concern for the future of education and Manlius Pebble Hill. There are a number of simple bequest arrangements that can work for you or your loved ones.

Life Insurance
Life insurance is a unique way to give to Manlius Pebble Hill School. A gift of an existing “paid up” policy allows you to make a significant investment in educating future or current students, while receiving a tax benefit equal to the replacement value or cost basis of the policy, whichever is less. While an existing policy is preferable, the School is happy to talk about new policies or naming the School as a designated beneficiary with friends who believe this arrangement is the way they can best fulfill their wish to make a major commitment to the School.

Charitable Remainder Trust
The Charitable Remainder Trust allows you to establish a trust that benefits you and/or your beneficiaries with income for life or a period of years, and then directs the remainder value to the School when the trust terminates. Remainder Trusts are commonly used in two forms: the Unitrust, where variable income is received on an annual basis, or the Annuity Trust, where the annual payment is a fixed dollar amount. Named trusts are a wonderful way to leave your legacy to the School and receive a current income tax deduction.

Charitable Lead Trust
Charitable Lead Trusts are another way to benefit your family and Manlius Pebble Hill School. With this type of trust, Manlius Pebble Hill receives an annual payment for up to 20 years and, at the end of the trust term, any money remaining can be left to your family members tax-free. If it is structured correctly and the assets grow, you can get a charitable income tax deduction, benefit the School, and have an asset remaining for family members.

Retirement Plan
Naming Manlius Pebble Hill as the designated beneficiary of a retirement plan is another tax-efficient way of giving to the School since you could lose over 70% of your retirement plan account to income and estate taxes without proper planning. Under a new federal statute, people who are 70 ½ years or older can make a distribution directly from their IRAs to Manlius Pebble Hill totally tax-free and tax deductible but only in 2006 and 2007.

Residential Property
In a life estate gift, you deed a remainder interest in personal residential property, a vacation home, or farm to Manlius Pebble Hill. You, and your spouse if desired, can retain usage of the property for life and receive an immediate income tax deduction for the present value of the remainder interest of the residence.

If you have questions about any of these giving opportunities, please contact Tina Morgan, Director of Advancement, at 315/446-2452, ext. 124. You might also contact an estate planning attorney or other trusted financial advisor.