PLANNED GIVING
Planned gifts such as securities, real estate, life insurance, endowments, bequests, and trusts are set up to suit the individual needs and lifestyle of the donor while providing Mountain Christian with a significant gift. This gifting style can provide you with significant tax benefits and incentives while enhancing the lives of students for generations to come.

Securities
You may have marketable securities including stocks, bonds, and mutual funds that you no longer need and wish to gift. You can make a gift of securities to Mountain Christian through a few convenient methods. Gifts of securities may allow capital gains taxes to be avoided if given or transferred to Mountain Christian directly.

Real Estate
Homes, farms, commercial property, rental property, and other real estate can be given directly to Mountain Christian. We can help you carefully plan this type of gift to ensure the best results for you and the neighbors you will help. Mountain Christian School cannot assume liabilities that may be attached to certain gifts of property. Other tax implications may also need to be considered.

Life insurance
You may own “paid-up” policies, the proceeds of which are no longer needed. In this situation, you can assign Mountain Christian as the owner and beneficiary. New policies may also be purchased, with Mountain Christian named as the beneficiary. In this case, the amount of the premium paid is tax-deductible.

Wills and estates
You can give a gift that reaches into the future to enhance the lives of our students.

Gifts and Annuities
If you choose to set up a gift annuity, you will receive income for life or term of years and make a substantial gift to Mountain Christian. This income has an interest rate based on your age, which is frequently above the rate paid by traditional investments. A percentage of the initial gift provides immediate tax deduction, and part of the income may also be tax-free.

Charitable Remainder Unitrust
We can help you set up a unitrust, benefitting you and Mountain Christian. With a unitrust, the donor receives income for life or term of years. The income amount changes every year because it is re-valued annually and is based on a fixed percentage of the fair market value of the trust’s assets. The initial gift amount of the trust and the percentage of return must meet certain standards.

Charitable Remainder Annuity Trust
Make a larger gift than you ever dreamed of with an annuity trust. With this type of trust, the donor receives a set amount of income for life or term of years and sets the payment. The payment amount is chosen at the outset. The income payments are fixed based on starting valuation of the trust.

 

If you have any questions regarding these types of gifts, or if you need help establishing them, please contact our school's business manager at [email protected] or call (928) 537-1050.