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Beneficiary Designation Gifts

A beneficiary designation gift is a simple and affordable way to make a gift to support Rocky Hill Country Day School. You can designate us as a beneficiary of a retirement, investment, or bank account or your life insurance policy.

Beneficiary Designation Gifts
Donor
Designation Form
Account Custodian
Property
(IRA/Investment)
RHCDS
Charity image

Benefits of a beneficiary designation gift

  • Support the causes that you care about
  • Continue to use your account as long as you need to
  • Simplify your planning and avoid expensive legal fees
  • Reduce the burden of taxes on your family
  • Receive an estate tax charitable deduction

How a beneficiary designation gift works

  1. To make your gift, contact the person who helps you with your account or insurance policy, such as your broker, banker, or insurance agent.
  2. Ask them to send you a new beneficiary designation form.
  3. Complete the form, sign it, and mail it back to your broker, banker, or agent.
  4. When you pass away, your account or insurance policy will be paid or transferred to Rocky Hill Country Day School, consistent with the beneficiary designation.

Important considerations for your future

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment, or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason, including if you have a loved one who needs your financial help.

Contact us

If you have any questions about leaving a beneficiary designation gift to us, please contact us. We would be happy to assist you.

If you have already designated us as a beneficiary of an asset or as part of your estate plan, please let us know. We would like to recognize you and your family for your gift.

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Deferred Gift Annuity

Deferred Gift Annuity
Several years ago, Larry and Allison invested $30,000 in what they believed to be an attractive stock. It turned out to be a very wise decision, as the stock increased in value to $100,000 within three years. Though they were not in need of additional income at the time, the couple decided to cash in on this growth.

Allison: We had a good year last year and we were looking for ways to maximize our deductions and reduce what we owed in taxes. At the same time, we were considering the best way to make a gift to our favorite charity.

Larry: We are both in good health. We are still working, so we don't need extra income right now, and retirement is still probably more than 10 to 15 years away. We were looking at smart ways to save for retirement. Our retirement goal is to live comfortably and travel the country in our motorhome to visit friends and family.

Allison: We met with a gift planner from our favorite charity. He explained the benefits of setting up a deferred gift annuity. He told us that we could give our stock to charity instead of selling it and receive an immediate charitable tax deduction. Plus, when we turn 65, the deferred gift annuity would make annual retirement payments to us for the rest of our lives.

Larry: We set up the deferred gift annuity and experienced the benefits Allison mentioned. We received a generous charitable tax deduction that produced immediate tax savings. When we retire, we can look forward to the annuity payment each year that will make our retirement travel possible. On top of all of this, the deferred gift annuity makes a portion of the income payments we receive tax-free.

Is a deferred gift annuity right for you?


If you are interested in a charitable gift annuity but don't have a present need for the annuity payout, a deferred charitable gift annuity could be the right gift for you. When you fund the annuity, you can decide when you want to begin receiving the payments.

Contact us if you would like to learn more about deferred annuities and how this gift could help you.

*Please note: The names and image above are representative of a typical donor and may or may not be an actual donor to our organization. Since your gift annuity benefits may be different, you may want to click here to view an example of your benefits.