• Benefits of Your Planned Gifts

  
  

  Type of Gift Benefit to Drexel Prep Benefit to You Bequest in a Will Bequest could be held in perpetuity and invested to fund school needs Possible estate tax deduction. Perpetual gift opportunity. Donor receives tax deduction in year of gift Donor can memorialize a loved one by naming endowment Guaranteed fixed income for life Portion of income is tax-free Immediate tax deductions Immediate tax deduction in year of gift from the fund Donor advises distributions in subsequent years to 501(c)3 entities of donor’s choice Immediate substantial tax deduction of the fair market value Retain use of property Assets out of estate Variable fixed income Deferred income if desired Possible income and estate tax deductions At end of trust period, principal returns to donor or other beneficiaries Principal can pass to others with little or no shrinkage Possible income and estate tax deductions Estate and income tax savings for substantial portion of gift Income tax deduction for value of the policy when transferred Premium payments may be deducted as gifts Possible income and estate tax deductions Endowment Perpetual source of support for Drexel Prep Source of educational scholarships   Charitable Gift Annuity Assets that are not used to pay annuity to the donors or others benefit to school Donor Advised Family Fund Drexel Prep can be recipient of grants Life Estate Ownership transfers to school subject to usufruct of donor for life Charitable Remainder Trust Upon death of the donor or last surviving income beneficiary, the remaining assets benefit to Drexel Prep Charitable Lead Trust Income for duration of trust helps the school meet the educational and spiritual needs that exceed the capabilities of most schools Retirement/IRA Significant gift upon the death of the donor benefits to the school Insurance Policy The school receives full face value of policy upon death of the donor, or may receive current surrender value prior to donor’s death