Planned Giving and Endowments
SSDSRV cannot grow unless it is firmly rooted in financial resource development. Our Planned Giving and Endowment committee encourages individuals and couples to make planned gifts, which can then be used to establish endowment funds.
- Establish an endowment fund in your name for the minimum amount of $10,000. This endowment can be funded through an outright cash gift or through the transfer of appreciated securities, which are generally tax-deductible at their full market value. If you have owned such assets for longer than one year, you may also bypass capital gains tax that would otherwise be due upon their sale. Any unused deduction may be carried over for five future tax years.
- Make a planned gift of at least $25,000 by: leaving a bequest to the school; designating the school as a beneficiary of your life insurance policy or retirement proceeds; or making a gift with retained income for you or others such as a charitable remainder trust or a charitable gift annuity.
- Make a planned gift of at least six figures to inaugurate our Planned Giving and Endowment Society and have the society named after you.
For more information please contact our development office.