Planned Giving

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The 1907 Society

Mission The mission of Forest Ridge School of the Sacred Heart is to educate young women to think critically, embrace challenges, model resilience, confront injustice, seek equality and lead globally in the pioneering spirit of our foundress.

Our alumnae change the world.

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For the sake of one child, I would have founded the Society.

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- St. Madeleine Sophie Barat Foundress of Sacred Heart Education

Primary Ways to Give Bequests A bequest is the most popular type of planned gift and sometimes the largest gift a donor makes to Forest Ridge School. Adding Forest Ridge to your will can typically be achieved with a simple codicil drafted by your attorney and appended to your existing will. A specific amount, a specific asset or a percentage of your estate can be designated. A bequest to Forest Ridge will both reduce the size of your taxable estate and support the mission of our school.

Qualified Retirement Plans Naming Forest Ridge as a beneficiary of a qualified retirement plan or IRA creates a significant exemption from estate taxes at the time of death. In addition, IRAs and qualified plans are typically funded using pre-tax income. Include Forest Ridge to receive a percentage of your plan, and you've left a legacy not only for your own heirs but also for the Forest Ridge students of the future.

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Additional Ways to Give Charitable Remainder Trusts This manner of giving is a way to make a gift now but retain the income from the asset for life with either a fixed dollar amount through a Charitable Remainder Annuity Trust (CRAT), or a variable amount through a Charitable Remainder Unitrust (CRUT). A tax deduction is allowed at the time you create the trust.

Charitable Lead Trusts A Charitable Lead Trust allows you to make a gift of income to Forest Ridge over a fixed period of time. At the end of that time, the principal of the trust is paid to you or to your beneficiary. A Charitable Lead Trust allows you to take a deduction from current taxable income and transfer property to a beneficiary with minimal estate tax consequences.

Charitable Gift Annuities A Charitable Gift Annuity allows you to transfer cash or securities directly to Forest Ridge. Forest Ridge, in turn, pays a fixed amount to you or to another beneficiary for life. Some of this income may be tax deductible. The amount paid is based on your age. Upon your death, the remainder becomes a gift to Forest Ridge.

The 1907 Society LEAVING YOUR LEGACY FOR FUTURE GENERATIONS OF YOUNG WOMEN

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hen Forest Ridge opened its doors in 1907, the foundation was laid to educate generations of young women in the Sacred Heart tradition. You can continue supporting this mission by making a gift from your estate, enabling you to make an impact far beyond your lifetime. Your planned gift fosters Sacred Heart values and supports students, faculty and programs for years to come.

Making a planned gift can work for anyone at any age. There are many ways you can structure your gift that can offer significant tax advantages as well as making an impact on the financial health of the School.

For more information and suggestions on gifts that fit with your lifestyle and philanthropic goals, please contact Julie Lundgren, Director of Alumnae & Donor Relations, in the Advancement Office.

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Questions?

Julie Lundgren Director of Alumnae & Donor Relations jlundgren@forestridge.org 425-201-2414

The School supports its mission while practicing the core values of respect, responsibility, integrity and striving for excellence. Forest Ridge School of the Sacred Heart is a member of the network of Sacred Heart Schools and is accredited by the Northwest Association of Independent Schools (NWAIS).

Forest Ridge School of the Sacred Heart is a 501(c)(3) qualified charitable organization.

This information is provided as an educational service and is not intended as legal or tax advice. Consult your own legal or tax advisor before making any decision based on this information.

Main Phone: 425-641-0700 www.forestridge.org 4800 139th Avenue SE Bellevue, WA 98006