Planned Giving at Elmwood Franklin School by Elmwood Franklin School

1895 KEY SOCIETY THE ELMWOOD FRANKLIN SCHOOL

A Six-Point Guide to Planned Giving at

ELMWOOD FRANKLIN SCHOOL

A Person Planned giving, no matter what its end form, always starts with the same thing: a person. A person makes the decision to support the things they care about into the future. Where it goes from there is a very personal choice that reflects the donor’s own interests, both altruistically and financially.

A Purpose Planned gifts can be made with a specific purpose in mind—such as supporting the arts, technology, tuition assistance, capital improvements, or any other objective—or they can simply provide unrestricted funding to the school’s endowment or operations. Either way, planned giving supports and serves Elmwood Franklin and its community.

A Plan The right plan benefits both the donor and the recipient in multiple ways. Many options provide tax savings and consistent income streams for the donor. Your objectives are best discussed with your financial advisor and can be shared with the Development Office professionals at Elmwood Franklin to ensure the greatest impact.

A Gift The types of planned gifts vary widely and include will bequests, retirement plan assets, securities or real estate, charitable gift annuities, charitable trusts, and life insurance designations. Some take effect right away, allowing you to see the outcomes of your generosity, while others may be designated as part of your estate.

A Result Nearly 100 years ago, a teacher at the Elmwood School made a planned gift with the intention of supporting faculty professional development. To this day, the interest generated from that one gift finances a wide variety of enrichment endeavors each year, such as advanced academic studies, conferences, curriculum-related travel, and individual creative pursuits.

A Legacy Planned gifts enable Elmwood Franklin School to meet challenges and pursue opportunities that extend above and beyond what budgeted funds allow. Their effects often reach far into the future, making a valuable difference for the school and creating an enduring legacy for the donor.

The Elmwood Franklin School

1895 KEY SOCIETY Planned gifts allow Elmwood Franklin School to • carry out the school’s mission of providing a strong academic program with emphasis on learning how to learn, developing good study and work habits, and fostering creative and independent thinking. • provide a varied curriculum with extracurricular offerings to enrich the education of all students. • continue to support the educational program through well maintained, well equipped facilities. • meet new challenges and opportunities above and beyond what budgeted funds permit. Those who have included EFS in their estate planning deserve our thanks. Please let us know of your planned giving intentions to Elmwood Franklin School so that we may administer your exact wishes, maximize the impact of your bequest, and properly acknowledge your support.

Steps to Making a

PLANNED GIFT 1. Contact the Development Office at 716-877-5035 or development@elmwoodfranklin.org to learn more about the ways planned giving can benefit both Elmwood Franklin and your family.

2. Contact your attorney and your financial advisor. Let them know you are considering a planned gift to Elmwood Franklin School. They can assist you in determining what type of gift best suits your personal and financial circumstances.

3. Be sure to talk to your family and friends about your plans for legacy gifts.

Elmwood Franklin School is an inclusive community that values diversity. Elmwood Franklin accepts qualified students without regard to race, national origin, gender, socioeconomic status, sexual orientation, family structure, or religion.

Elmwood Franklin School is designated as a 501(c)3 charitable organization. Contributions to EFS are tax-deductible to the extent provided by law.

This is not professional legal or tax advice. Please consult your legal and financial advisors regarding your specific situation.

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