ÌÇÐÄvlog¹ÙÍø

Giving

Planned Giving

Make a Big Impact With a Future Gift

Join the visionary group of individuals committed to preserving the future of Helen Bush’s dream of The ÌÇÐÄvlog¹ÙÍø. Your estate commitment will create opportunities for students for generations and provide the gift of education, inquisitive and nurturing exploration, and community that our students cherish today. Join members of The ÌÇÐÄvlog¹ÙÍø community in creating a legacy for the future.

We’re here to help! Below are three quick actions steps you can take if you are interested in making a planned gift to the ÌÇÐÄvlog¹ÙÍø:
  • Contact Assistant Head of School for Advancement Sharon Hurt.
  • Seek the advice of your financial or legal advisor.
  • If you include The ÌÇÐÄvlog¹ÙÍø in your plans, please use our legal name ("The ÌÇÐÄvlog¹ÙÍø") and federal tax ID (91-0161095).

Common Types of Planned Gifts

Below are some brief descriptions of common Planned Gift types with examples of how the contribution benefits both The ÌÇÐÄvlog¹ÙÍø and the planned gift donors.

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  • Memorials and Tribute Gifts: Honor Someone Special With a Future Gift in Their Name

    Establishing a memorial or tribute gift is a meaningful way to honor or memorialize someone. This type of gift is a lasting tribute to your loved one and makes a difference in generations of students and faculty at The ÌÇÐÄvlog¹ÙÍø.

    An Example of How a Memorial or Tribute Gift Works:
    When Mary's father passed away, she knew she wanted to do something that would ensure his memory would live on. She remembered that during his lifetime he mentioned how grateful he was for the education his children had been provided at The ÌÇÐÄvlog¹ÙÍø.
     
    Mary decided to make a gift to The ÌÇÐÄvlog¹ÙÍø in her father's name. Now her father's legacy lives on at The ÌÇÐÄvlog¹ÙÍø.  With this gift, Mary also received a federal income tax charitable deduction and also a eliminated capital gains tax.
  • Make a Gift Tax-Free With An IRA Rollover Distribution: A Tax-Saving Way to Help The ÌÇÐÄvlog¹ÙÍø

    If you are 70½ years old or older, you can take advantage of a simple way to benefit The ÌÇÐÄvlog¹ÙÍø and receive tax benefits in return. You can give any amount up to $100,000 per year from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover.

    Why Consider this Gift?
    Your gift will be put to use today, allowing you to see the difference your donation is making. You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. Since the gift doesn’t count as income, it can reduce your annual income level and may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
  • Make an Endowed Gift: Your Gift Can Last Forever

    An endowment gift to The ÌÇÐÄvlog¹ÙÍø today provides long-term stability for the education we provide. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits. Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at The ÌÇÐÄvlog¹ÙÍø. The remaining funds are reinvested and strengthen The ÌÇÐÄvlog¹ÙÍø's financial foundation.

    An Example of How Endowed Gifts Work:
    Longtime supporters Cindy and David have two goals: First, they want to make sure The ÌÇÐÄvlog¹ÙÍø continues to receive support after they're gone. Second, they want to memorialize David's parents, Mr. and Mrs. Wang. Cindy and David make a $100,000 donation to The ÌÇÐÄvlog¹ÙÍø, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Wangs. Plus, Cindy and David qualify for a federal income tax charitable deduction on their taxes.
  • Charitable Lead Trust Contributions: Protect Your Assets

    You can benefit from the tax savings that result from supporting The ÌÇÐÄvlog¹ÙÍø without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.

    There are two ways that charitable lead trusts make payments to The ÌÇÐÄvlog¹ÙÍø:
    1. A charitable lead annuity trust pays a fixed amount each year to The ÌÇÐÄvlog¹ÙÍø and is more attractive when interest rates are low.
    2. A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to The ÌÇÐÄvlog¹ÙÍø go up as well.

    An Example of a Charitable Lead Trust Gift Works:

    Sofia would like to support The ÌÇÐÄvlog¹ÙÍø and provide for her children. She received a windfall amount of income and needs a large income tax deduction to offset the income. Following her advisor's recommendation, Sofia funds a grantor charitable lead annuity trust with assets valued at $1,000,000. Sofia's trust pays $70,000 (7% of the initial fair market value) to The ÌÇÐÄvlog¹ÙÍø each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to Sofia. She receives an income tax charitable deduction of $955,700. Assuming the trust earns an average 6% annual rate of return, Sofia receives approximately $767,240 at the end of the trust term.

    *Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

Important Information

Legal Name: The ÌÇÐÄvlog¹ÙÍø
Address: 3400 E Harrison Street Seattle WA 98112
Federal Tax ID Number: 91-0161095

Ready to discuss a planned gift?

Contact Assistant Head of School for Advancement Sharon Hurt.

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  • Photo of Sharon Hurt

    Sharon Hurt 

    Assistant Head of School for Advancement
    (206) 326-7779
The ÌÇÐÄvlog¹ÙÍø is an independent day school located in Seattle, WA enrolling 745 students in grades K–12. The mission of The ÌÇÐÄvlog¹ÙÍø is to spark in students of diverse backgrounds and talents a passion for learning, accomplishment, and contribution to their communities

3400 East Harrison Street, Seattle WA 98112 (206) 322-7978
The ÌÇÐÄvlog¹ÙÍø does not discriminate in matters of employment, recruitment, admissions, or administration of any of its programs on the basis of race, color, creed, religion, national or ethnic origin, disability, gender, or sexual orientation. In addition, The ÌÇÐÄvlog¹ÙÍø does not discriminate in matters of employment on the basis of age or marital status
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