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Planned Giving

What is Planned Giving?

Planned Giving is about preparing a gift for the future from which you also receive a financial benefit. Planned gifts, unlike cash donations, are typically made from assets in your estate, which means your disposable income is unaffected. These gifts often require help from your professional advisors as well as some advance planning.

Workshops

Planning for the Future Workshop-- why is it so important? Do you know what happens to your children if you pass away and haven't made provisions for them? The answer may surprise you. Join us for an informative session which will answer this, and other questions, related to life planning. Whether you are a US citizen/resident or not, whether you have no assets, many assets or fall somewhere in between -- this session is for you.

Tax and Estate Planning Problems and Solutions Workshop

For questions or more information, contact 
Patricia Colin.

Giving Events

List of 1 items.

List of 7 items.

  • Bequest

    One of the simplest ways to make a gift to ISTP is through your will or living trust.

    You can name the International School of the Peninsula as the direct beneficiary of specific assets, or a portion of your estate, or of your residual estate after payment of other bequests. Bequests to the school are entirely free from federal estate tax and can, therefore, offer substantial estate tax savings. There is no limit on the amount you can leave to ISTP through your will.

    If you wish to include ISTP in your will or living trust, please use the following language after stating the nature of the gift:

    “The International School of the Peninsula, a non-profit corporation organized and existing under the laws of the State of California, with a current address of 151 Laura Lane, Palo Alto, CA 94303, and a federal tax identification number of 94-2599581."

    There is no limit on the amount you can leave to ISTP through a retirement plan beneficiary designation.
  • Charitable Lead Trust (CLT)

    With the typical charitable lead trust, donors transfer assets into the trust for the life or lives of individuals or for a term of years with the International School of the Peninsula named as the income beneficiary.

    During the term of the trust, the school receives income payments at an agreed upon rate of interest. At the end of the term of the trust, the assets are transferred back to the donor or to another individual, typically a family member. Generally, the gift of interest to ISTP qualifies for a charitable income tax deduction.
  • Charitable Remainder Trust (CRT)

    With the typical charitable remainder trust, long-term appreciated securities are donated to a trust for the ultimate benefit of the school.

    The transfer of assets is irrevocable and can be for your life or the lives of your beneficiaries or for a set number of years (maximum of 20). Income is payable to you as the donor or your beneficiaries, either in fixed or variable amounts depending upon the form of the trust. The amount of income you or your beneficiaries will receive depends upon your age or the age of the beneficiaries. ISTP will receive the “remainder” of assets upon termination of the trust. You will receive a charitable deduction and avoid capital gains tax on the appreciation in securities. Currently, the minimum gift to ISTP via a charitable remainder trust is $50,000.
  • Life Insurance Gifts

    There are several ways you can remember ISTP through your life insurance policies.

    You can name the International School of the Peninsula as a beneficiary of a new or existing policy. You can assign ISTP as the owner of a no longer needed paid-up or partially paid policy. You may also take out a new policy with ISTP as the owner.
  • Real Estate Gifts

    Donations of real estate may be done through a bequest in a will or living trust.

    There is also a gift of remainder interest in a personal residence (Life Estate Remainder). With this gift, the donor irrevocably transfers ownership of a personal residence to charity, retaining the right to live in or otherwise use property during the donor's lifetime. This gift creates an income tax deduction for the present value of the calculated remainder gift to charity. Deduction can be carried forward to future years if necessary. This type of gift allows the donor to take the personal residence out of their taxable estate while still residing in it.
  • Retirement Plan Beneficiary Designation

    You can name the International School of the Peninsula as a partial or total beneficiary of your Retirement Plan.

    You can name the International School of the Peninsula as a partial or total beneficiary of your Individual Retirement Account (IRA), pension plan, employer retirement plan, Keogh plan, 401(k), 403(b) or other qualified pension plan. This type of gift to ISTP is distributed outside of probate and is entirely free of both federal estate tax and income tax. There is no limit on the amount you can leave to ISTP through a retirement plan beneficiary designation.
  • The Legacy Society

    Gift planning is a way for you to continue to support ISTP and become a permanent part of its legacy.

    Gift planning options include bequests, gift annuities, real estate, life insurance, charitable remainder trusts and charitable lead trusts. Gift planning also has marvelous tax benefits, and provide you with a vehicle to do something truly special. For more information about joining the Legacy Society and how your planned gift can best impact our school, please contact Patricia Colin, Director of Development, or call her at (650) 251-8521.

In Partnership

The International School of the Peninsula is proud to partner with the following organizations:
"Make a Difference in the Lives that Follow."
 
Please be aware that the information presented here is general in nature and is not meant to replace or substitute professional tax, financial, or legal advice. Individuals considering gift planning should contact a professional advisor for specific information.

ISTP is a 501(c)(3) non-profit organization and will provide acknowledgement letters with our Federal Tax ID number for all gifts. Our tax ID # is 94-2599581.
INTERNATIONAL SCHOOL OF THE PENINSULA
Ecole internationale de la Péninsule
半島國際學校
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