If your heart, finances and tax considerations prompt you to make a gift to TCS a part of your estate planning, we appreciate your consideration. The impact of your gift will be a lasting tribute to your generosity.

We have included some general information about Planned Giving below to provide a touchstone. We encourage you to contact the Development Office through the school at 610-399-1135 to talk about your intentions.

Types of Planned Giving Trusts

These forms of Planned Giving provide income to your beneficiaries and transfer assets to TCS.

Life income gifts provide you with income tax charitable contribution deductions equal to a portion of the funds you transfer, and will usually avoid or defer capital gains taxes if funded with appreciated property. You or those you designate will receive quarterly income for the rest of your lives.

Charitable Gift Annuities provides you or those you designate with fixed, guaranteed payments for life, part of the payment may be tax-free. If you prefer to delay receiving annuity payments, consider a Deferred Gift Annuity. This annuity provides larger charitable deduction amounts and payments because of the deferral period.

A Pooled Life Income Fund (PLIF) consists of stocks and bonds, and the PLIF combines and invests your gift of cash or securities with the gifts of others and pays your proportionate share of the PLIF’s income each year to you or to those you designate. Your quarterly payment amounts will vary, and there is the potential for them to grow over time.

A Charitable Remainder Trust is a separately invested irrevocable trust you create by designating a person or persons to receive payments of at least 5% annually
and transferring cash, securities or real estate to fund the trust. This trust provides more flexibility than the gift annuity or the Pooled Life Income Fund, and you may tailor the investments, payment amounts and duration to your
particular needs.

This type of Planned Giving provides income to TCS and transfer assets to your beneficiaries A Charitable Lead Trust provides an effective way to make gifts to TCS and transfer substantial assets to family members at a reduced tax cost. The Trust makes payments to TCS for a period of time and then distributes the Trust assets to the beneficiaries, usually family members.

Ideal Assets to Consider for Planned Giving

Gift of Retirement Plan Assets
Upon the owner’s death, amounts in tax-deferred retirement accounts such as IRAs, 401 (k)s and 403 (b) plans are subject to both income and estate taxes, usually leaving relatively little to heirs. Since these retirement plan assets are the most tax-burdened assets owned, it makes sense to include them in any plan you have to give assets to charities.

Marketable Securities
An outright gift of long-term appreciated marketable securities is one of the most attractive methods of giving. Such a gift has the following benefits:

• A federal income tax deduction equal to the fair market value of the securities on the date of the gift.
• Avoidance of capital gains tax.
• Ability to maintain your portfolio mix by purchasing the same securities, for an increased cost basis.