Planned Giving

Two grandparents with their granddaughter at graduation

Establishing a planned gift allows you to leave a legacy, and impact Whitfield beyond your lifetime.  Gifts from your estate may allow you the opportunity to make a larger gift than would be possible during your lifetime.  And, planned gifts, such as annuities and charitable remainder trusts, may allow you to increase your retirement income or receive tax advantages. 

Thank you
Planned gifts may have a transformational impact on Whitfield.  If you have named Whitfield in your will or trusts, please let us know so that we may show our deep gratitude during your lifetime.

The Barnes & Cole Society

We are glad to invite all individuals and families who make provisions for Whitfield in their estate plans or a life income gift become into our Barnes & Cole Society.  This philanthropic group is named after Whitfield’s founders, John Barnes and Allen Cole.  For more than 20 years, Mr. Barnes and Mr. Cole worked to create an atmosphere in which learning was both challenging and fun, and students had every opportunity to succeed.  That atmosphere still exists today.  We celebrate their spirit by recognizing those who invest in our school’s future.

Benefits of Membership 

  • Invitation to our annual patron reception each spring
  • Listing in our annual report, Report of Philanthropy

GIFT METHODS

Bequests

We hope you will consider a charitable bequest in your will to benefit Whitfield School while you save estate tax dollars at the same time. We can be named as a beneficiary in a will in any of a number of ways. You can easily add Whitfield to your will through a simple amendment called a codicil; thus, your entire will does not have to be redrafted. Please consult with your estate planner for more details.

Life Insurance

If you own a life insurance policy that is no longer needed, consider it as a potential charitable gift. To receive a charitable deduction, name Whitfield School as both the owner and beneficiary of the policy. If the policy is paid up, your charitable contribution is generally the replacement value or cost basis of the policy, whichever is less. Ongoing premiums paid on a gifted life insurance policy also qualify for charitable deductions. Please consult with your life insurance agent and tax advisor for more details.

Other Non-Cash Gifts

Other properties such as real estate, artwork, coin collections or jewelry may be gifted to Whitfield School and qualify for a charitable deduction. A qualified appraisal must occur within sixty days of the date of the gift.  The gift must be reviewed and accepted by the Advancement Committee of the Board of Trustees. 

We would be pleased to provide you with additional information on any gifts that you may be considering.

Please contact Kelly Edwards, director of development, at (314) 434-5141 or kelly.edwards@whitfieldschool.org, for more information regarding non-cash gifts.

 

Whitfield School does not act as legal counsel or financial advisor to benefactors. We encourage all potential benefactors to seek professional advice before making a planned gift.

Questions? 
Contact Kelly Edwards, 314-415-1254
Director of Development