Create a Legacy

Page 1

GIFTS THAT GIVE BACK As you know well, our students and alumni are part of a unique, diverse, and innovative

CREATE A LEGACY

school community. Our graduates are lifelong learners who are informed, engaged, and ethical citizens and leaders in our diverse world. You can extend and enrich this legacy of innovation and leadership by making a planned gift to Brimmer. Creating a legacy of your own is a simple and meaningful way to make a difference. Help us advance our mission for years to come and continue to develop students who are inspired to learn, encouraged to explore, and empowered to lead.

For more information on gifts by will or any questions on gift planning, please contact: Elizabeth Smith Director of Development 617-739-5289 esmith@brimmer.org

www.brimmer.org 69 Middlesex Road Chestnut Hill, MA 02467


GIFTS BY BEQUEST

GIFTS OF RETIREMENT ASSETS

A bequest is the easiest and most flexible way to create lasting change for Brimmer. You can name Brimmer as a beneficiary in your will or living trust by designating a gift of a specific dollar amount, a particular asset, a percentage of your estate, or the remainder of your estate once all of your other bequests have been fulfilled. With a bequest you maintain complete control of your assets during your lifetime and can potentially save on capital gains taxes and estate taxes.

Assets such as 401(k) or an IRA are a wonderful way to make a tax-wise gift to Brimmer. If you are 70½ or older, you can roll over up to $100,000 per year from your IRA as a charitable gift. Simply tell your IRA administrator to transfer your gift directly to Brimmer from your traditional Roth IRA account. The gift will not be taxed as income to you.

My years at Brimmer

have had a life-long impact on me so I established a planned gift to help the School shape the lives of future students. —Leslie Stimmel Guggiari ‘73

LIFE INCOME GIFTS

BENEFICIARY DESIGNATIONS

Your gift to Brimmer can also be designed to pay you income for life. This is a popular way for both you and Brimmer to benefit. We agree to pay a fixed payment to you for life with the remainder benefitting Brimmer. This type of gift is particularly attractive because you often can reduce taxes, increase your spendable income and, at the same time, make a gift that will help Brimmer in a remarkable way. You benefit now and Brimmer benefits later.

It’s as simple as requesting a change of beneficiary form from the company holding your assets, such as IRAs, 401(k) and other retirement plans, bank accounts, commercial annuities, donor-advised funds, and life insurance policies, and including Brimmer as a full or partial beneficiary. Beneficiary Designations may reduce income taxes and possibly estate taxes for your loved ones.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.