Your gift to Plymouth Meeting Friends School as a part of your thoughtful, comprehensive estate plan will provide a way of completing a lifetime of giving to the school. Planned gifts are often a vehicle to contribute a significant gift that may not have been possible at an earlier stage of life. Such gifts can also provide advantages such as a lifetime income to you or your loved ones, and may offer certain tax benefits.

The school typically directs planned and deferred gifts to the PMFS endowment. These gifts play a vital role in maintaining the school’s financial strength and ensuring the quality of the Plymouth Meeting Friends School education and experience for future generations of students.

There are many ways to participate in the future of Plymouth Meeting Friends School through a planned or deferred gift, including:

  • Bequests
  • IRA, 401K Accounts
  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Donor Advised Funds
  • Pooled Income Funds
  • Charitable Lead Trusts

Benefits of a Charitable Gift Annuity for You and PMFS

Plymouth Meeting Friends School now offers Charitable Gift Annuities (CGAs), an attractive option for donors who want to make a meaningful gift to PMFS while also enjoying a secure fixed income.

Plymouth Meeting Friends School’s CGAs are offered in partnership with Friends Fiduciary Corporation (FFC), a Quaker non-profit corporation which supplies financial services to other Quaker non-profit organizations and Meetings as well as the donors who wish to support them.

A gift to establish a charitable gift annuity offers, in return, a fixed payment over the term of either one or two lives, usually the donors’. The annuity income may also be designated for the lives of one or two other annuitants.

When you establish a charitable gift annuity with your irrevocable transfer of cash or appreciated securities to benefit PMFS, you enter into a legally binding written contract with FFC. Friends Fiduciary maintains a segregated annuity reserve fund to back its annuity obligations. All aspects of your charitable gift annuity, including beneficiary payments, income tax reporting, state regulations, and investment, will be managed for you and PMFS. The donor clearly designates PMFS as the charitable beneficiary of the contract. At the conclusion of the annuity, the remainder of the gift is given to the school.

Benefits of a charitable gift annuity include:

  • Fixed Income for Life
  • Federal Income Tax Charitable Deduction
  • Capital Gains Tax Savings
  • Federal Estate Tax Savings
  • Personal Satisfaction