The Greatest Gift that We Can Give Our Children is an Education
Let’s Build the Future Together
Planned Gifts are a way to meet your philanthropic and financial goals while supporting Madison Country Day School and the next generation of students. In almost no other way can the ideals and passions that bind us to MCDS be expressed so permanently as through the transformative nature of your gift to the endowment. To let us know that you’ve made plans in your estate or for more information, please contact the Development Office at (608) 850-6000.
Planning is Everything
Planned giving can be as simple as including a bequest to Madison Country Day School in your will, but planned giving can also include other types of bequests. With the goals of providing for your loved ones, reducing taxes, and remembering worthy causes, there are many options available that can benefit you and your family, as well as MCDS, now and in the future.
The federal estate tax can erode approximately 50% of one’s estate; that’s far more significant than the income tax. It pays to plan for the future with your attorney or other professional advisors. A charitable bequest to MCDS will save estate tax dollars and have an enduring impact on the school for generations.
Life Income Gifts
A life income gift allows you to transfer cash, stock, or other property now while continuing to receive income from the asset. Life income gifts are often made through a trust arrangement called a unitrust or an annuity trust. These gifts can allow you to increase your income for life, receive a generous charitable contribution deduction, and avoid any capital gains tax on the appreciation if you contribute appreciated property.
Gifts of Stock
Gifts of long-term appreciated stock offer two-fold tax savings. First, you avoid paying any capital gains on the increase in value of your stock. In addition, you receive a tax deduction for the full fair market value of the stock on the date of the gift. For income tax purposes, the value of such gifts may be deducted up to 30% of adjusted gross income with an additional five-year carry forward.
Gifts of Real Estate
If you have owned your own home, a vacation home, acreage, or a farm for many years, a charitable gift of that real estate can be especially tax-advantageous.
Gifts of Life Insurance
If you own a life insurance policy that is no longer needed, consider it as the perfect vehicle for a charitable gift to Madison Country Day School.
For more information or to pledge your support call the Development Office at (608) 850-6000.