Endowment
Endowments are permanent funds in which the principal is held in perpetuity and a portion of the investment income is expended annually (normally 3-5%). A gift to an endowment provides long-term sources of funding, supporting activities not just for one year, but for generations of children to come.
The WSOC Endowment Program exists to support the Board of Trustees in carrying out one of its principal responsibilities: ensuring the school’s viability for the next generation of children. It consists of alumni, parents, grandparents and friends who have made a commitment to a Waldorf Education through direct and deferred giving.
As WSOC proudly celebrates its 30th Anniversary, we are grateful for the opportunity to celebrate the vision of the school’s founding parents and reaffirm our commitment to providing an outstanding education to a new generation of children. Planned giving options include bequests, insurance policies, charitable lead trusts, charitable remainder trusts, charitable gift annuities and beneficiary designations.
For more information, please email development@waldorfschool.com.
Planned Giving Options
| Type of Gift | Size of Gift | Description | Benefits |
|---|---|---|---|
| Bequests | Percentage of estate, Specific dollar amount | Donations made to WSOC through provisions made in will or trust as monetary amount, real estate, tangible personal property, or allocation of assets | No current financial responsibility. Charitable estate tax deduction |
| Insurance Policy | Unlimited | WSOC named as beneficiary and/or owner of new or existing policy | Premium payments on existing policy tax-deductible if school is the owner. Tax deduction on current value of policy or value of transferred policy |
| Charitable Lead Trusts | Unlimited | Assets transferred to lead trust that makes payments to WSOC for specific term of years. At end of trust term, remaining assets returned to you or passed to your heirs | Taxed on income, estate, and gifts reduced or eliminated |
| Charitable Remainder Trusts | Unlimited | Cash, securities, property or other assets donated to WSOC while you receive distributions from trust for life | Payments for life under a variety of structures Immediate income tax Deduction No tax on sale of trust assets |
| Charitable Gift Annuity | Unlimited | Cash, or securities donated to WSOC with guaranteed income Payments made to you for life | Fixed payments for life Immediate income tax Deduction. Annuity payments receive favorable tax treatments |
| Beneficiary Designation Form | Unlimited | Some or all of retirement assets or life insurance benefits designated to WSOC | Charitable estate tax deduction for transfer amount Retirement assets to school are income tax free |
