- Appreciated Property: Earn a significant income tax deduction while avoiding capital gains taxes with a gift of appreciated securities or real property. A gift of appreciated property—either real estate or securities such as stocks and bonds reduces your tax burden while supporting Amador Crest School.
- Bequest: A bequest is a transfer of cash, property, or securities through a will or living trust. Retain full control and use of your property during your lifetime and reduce your taxable estate by remembering Amador Crest School in your will or living trust. Bequests cost nothing now but leave a legacy for future generations. Your heirs may save on estate taxes, while your generosity supports Amador Crest School.
- Charitable Remainder Trust: Consider an irrevocable gift of an asset you want to keep in the family long-term while the current income is paid to Amador Crest School. When the term ends, your children receive the property without added gift or estate tax cost.
- Retained Life Estate: A retained life estate allows you to donate your personal residence to Amador Crest School while continuing to live there. Lower your taxable estate and enjoy a current income tax deduction by giving Amador Crest School full or partial interest in your home while residing in it for as long as you choose. You have the option of giving your primary residence, a vacation home, or a farm. This gift also allows you to save on estate taxes while supporting Amador Crest School’ important programs. When you create a retained life estate, you do not have to continue to reside in your home. You may rent out your home and receive the rental benefits. You may also be eligible to receive a gift annuity with your donation.
- Retirement Plan: Name Amador Crest School as the beneficiary of your retirement account, such as a 401(k) or IRA, and reduce your taxable estate. Retirement accounts,such as an IRA or 401(k), can be donated tax free, guaranteeing that 100 percent of the proceeds you have saved go to Amador Crest School. Typically, loved ones who receive retirement plans must pay a significant amount of deferred income taxes—a tax that can significantly reduce the amount that passes to heirs. However, retirement plans left directly to Amador Crest School are entirely free of deferred income taxes and make your estate eligible for a charitable deduction.
- Life Insurance: A relatively small commitment can translate to a significant gift. A donor transfers ownership of an existing policy and makes Amador Crest School the owner and irrevocable beneficiary. You receive an immediate tax deduction for the surrender value of the policy or the annual premiums you continue to pay on the policy. Upon death, all proceeds will pass directly to Amador Crest School. A donor may include all or a percentage gift in a new or existing policy to Amador Crest School. Alternatively, you keep the policy and name Amador Crest School as a beneficiary.
- Direct Gifts of Cash: A direct gift of cash can be accepted and can generate an immediate tax deduction.
- Planned Gifts: A planned gift may be designated to support a program of your choice or may be placed in the Amador Crest School Endowment Fund to share your legacy with generations to come. Planned giving is one of the most significant philanthropic tools available to the Amador Crest School College and Children’s School community. This giving provides funding for current and future needs of the school, thus impacting generations of Amador Crest School students in leading lives of learning, leadership, and service. Additionally this type of gift can be adapted to each donor’s needs, including the opportunity for donors to make gifts that provide a lifetime source of income to the donor, while benefiting Amador Crest School.
Contact
Contact the Office of Institutional Advancement for additional information or to be added to the membership.
Address: 218 Rex Ave, Jackson, CA 95643
About Evangeline Burgess
As a driving force behind the creation of Amador Crest School College in 1959, Evangeline Burgess embodied the spirit that still defines us today—a commitment to service and academic excellence that brings out the potential in everyone. An accomplished teacher and author, she pioneered new early childhood education programs as Amador Crest School College’s first president.
