Honor Your Legacy

Ways to make a lasting gift

Realize your philanthropic passions, leave a legacy and make a real difference for public education in Carroll Independent School District!  Establishing a planned gift creates a charitable legacy that continues to strengthen education in our local community well into the future.


Appreciated Stock

Gifting appreciated stock is a great way to support the Education Foundation while enjoying increased tax advantages. Charitable contributions of appreciated stock provide two potential major  income-tax advantages. The first is a charitable deduction – generally for the fair market value of the securities at the time of the contribution. The second benefit is that individuals are not taxed on the capital gain and the new 3.8% net investment tax that would result if they sold the property.


Donor Advised Funds

The dollars you contribute to a Donor Advised Fund (sometimes referred to as Philanthropic Fund) have higher deductible limits and require no minimum annual charitable payout. You or your designee may make grants to a broad range of qualified charitable organizations.


Endowments

An endowment is a fund that provides an annual income or a tailored stream of payments to support programs, projects, or initiatives of particular interest to you and your family.


Bequests

A bequest in your will or trust agreement commits a specific dollar amount, a percentage of your estate, or the residue of your estate to a charitable purpose such as public education. It’s never too early to establish a bequest as your lasting legacy.


Gift of Life Insurance

With a gift of life insurance, you can create a large endowment even if you don’t currently have the funds to do so. You can either name the Education Foundation as the beneficiary of the policy or use the policy to replace the amount of another donation.


To learn more, contact: 
Laura Grosskopf, Executive Director
Phone: 214-908-9075
Email: lgrosskopf@southlakecef.org