Gifts That Benefit You and Chapin

How Planned Gifts Can Benefit YOU

Your financial goals will vary over the years. You may need to plan for retirement, provide for older family members, or support your children or grandchildren. You may provide for such goals while making a gift to Chapin. Here are some ways in which planned gifts can benefit you:

  • Regular life-income payments for you or a loved one
  • Varied tax benefits
  • Higher income, which you can use toward special needs or projects
  • Protection for the funds that you have saved
  • A way to support your own interests and Chapin’s students

How Planned Gifts Can Benefit CHAPIN

  • Secure Chapin’s fiscal health and advance strategic goals
  • Minimize tuition increases
  • Sustain our cutting-edge programs and allow us to offer more
  • Provide peerless education to current and future generations of bright young women

For a snapshot about ways each gift benefits both you and Chapin, click here to view a chart of Ways to Give to Chapin.

If you would like to receive a Chapin Planned Giving brochure, please contact Christine Shim at 212.570.4912 or cshim@chapin.edu.

Your Giving Options

Bequests

Naming Chapin as a beneficiary of your will can, when properly planned, reduce the rate at which your estate is taxed. You can make a charitable bequest of a specific dollar amount, a percentage of your estate or the remainder of your estate after planning to care for your family and friends.

Charitable Lead Trust

A charitable lead trust can allow you to pass wealth to your children or grandchildren with minimized or no taxation. The trust provides payments to Chapin for a period that you determine. When the trust expires, the principal is returned to you or transferred to your heirs, possibly with significant tax savings.

Charitable Remainder Trust

A charitable remainder trust may be funded with cash or appreciated assets such as securities, real estate or other property. You and other beneficiaries can receive income for life or for a set number of years. You receive an immediate charitable income tax deduction, immediate income and relief from tax on capital gain. When the trust expires, the assets remaining in the trust go towards supporting the mission of The Chapin School.

Gift of Retirement Assets

A unique and often overlooked way to make a charitable gift is to name Chapin a beneficiary of all or a portion of a retirement plan, such as an IRA, 401(k), 403(b), a Keogh, or other qualified retirement savings plans. Under current tax law, retirement assets that are bequeathed to heirs or individuals other than your spouse are often severely reduced by estate and income taxes. Chapin’s charitable status avoids the heavy taxes your heirs could incur if they receive your retirement assets.