Charitable donations can be an important part of your estate planning. Bequests, gift annuities, and charitable trusts are vehicles through which you can provide valuable financial support to Mount Pisgah Christian School. They also can provide significant financial benefit for you and your loved ones. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.
You may make a gift to Mount Pisgah by designating the school as a beneficiary in your will. Bequests permit donors to commit assets after their lifetime while retaining the property during their lives. Bequests can be made for a specified amount or as a percentage of the estate. Bequests can be unrestricted or used to establish operating or endowed funds to accomplish specific goals. Bequests of any size will help secure the strength of the school for future generations.
Under a gift annuity agreement, you make a gift to Mount Pisgah in return for the school's promise to make an annual payment to you of a specific dollar amount for as long as you live. The amount of the annual payment depends on your age, and is based on a fixed percentage of the initial fair market value of your gifts. A portion of your gift is tax-deductible.
A charitable remainder trust may be designed to provide you with income throughout your lifetime as well as support Mount Pisgah upon your death. The trust may be established with a gift of cash or appreciated stock.
Your residence, condominium, vacation home, timeshare, or acreage may have appreciated in value through the years so that its sale would mean a sizable capital gains tax. By making a gift of property to Mount Pisgah, you would avoid the capital gains tax and receive a charitable tax deduction for the full market value of the property.
Please contact Tom Wood in the Advancement Office if you are interested in discussing planned giving options.