Planned Giving

Brentwood is a relatively young independent school with a bold mission to challenge, nurture and inspire scholars, athletes and artists as global citizens, stewards and leaders of integrity.  De Manu In Manum, you can pass the torch to future Brentonians who can and will - and must - make a difference.  Create your living legacy by planning the gift of education, which affects eternity.  Who can tell where your influence will end?

The De Manu in Manum Society

The De Manu in Manum Society honours the foresight of those who have advised Brentwood of their planned gift, not only for their generosity but also for the leadership they are providing to this essential component in securing the future of our school. While Brentwood respects the wishes of those who prefer that their planned gift remain confidential, we would welcome the opportunity to acknowledge your generosity.

Brentwood thanks their inaugural members of the De Manu in Manum Society, who have included Brentwood in their wills:

Bequests

For many, a bequest is the simplest and most effective way to make a planned gift. A provision in your will for Brentwood College can be:

• a specific dollar amount;
• a percentage of the balance remaining in your estate after taxes and specific bequests have been paid;
• a specific asset such as property or art;
• a gift of publicly traded securities resulting in an offset of capital gains taxes for your estate;
• a gift of residual RRSP’s, resulting in a major tax saving for your estate;
• a gift of flow through shares or strip coupon bonds, affording further tax advantages.

A simple codicil in your will can establish a bequest to Brentwood. You may wish to direct your gift to a specific project or programme, to endowment providing financial assistance for worthy students, or to be used at the discretion of the Board of Governors when your gift is received.

Charitable Remainder Trusts

Charitable Remainder Trusts provide flexibility when planning your estate by offering a means of directing your assets as a future gift to Brentwood College. Charitable Remainder Trusts are emerging as an important planned giving vehicle recommended by lawyers, trust officers and financial planners. These trusts can be funded with cash, securities, real estate, or from the proceeds of cultural property such as art work. You may receive income generated by the assets in trust, according to terms set out when the trust is established.

For example, putting a property within a Charitable Remainder Trust allows you to continue enjoying it now but with a legally binding intent of future transfer to Brentwood, thus creating a planned gift which can trigger immediate tax savings.

Life Insurance

Life insurance provides an affordable way to make a significant non-taxable contribution because the proceeds are completely separate from your estate. By establishing a life insurance policy in Brentwood’s name, you can benefit from immediate tax deductions on your monthly premiums.

If you currently have life insurance that is either paid up or maturing in the future and that is now surplus to your family needs, you may transfer ownership of that policy, or a percentage of its proceeds, to Brentwood. This will have future or immediate tax advantages, depending on your personal circumstances.

Charitable Gift Annuities

With a Charitable Gift Annuity, the donor of a lump sum to Brentwood receives fixed, guaranteed payments for life, a large portion of which is tax-free. The guaranteed annuity payment will become income for the life of the donor and, in addition, the donor receives a tax receipt for a portion of the donation.

For information please contact John Allpress.

Planned Giving Advisory Council

This volunteer group of Old Brentonians and parents is committed to assisting you and the school’s advancement team in providing professional, expert advice on all aspects of estate planning. When necessary we can connect your legal, tax, insurance or investment professional with the appropriate member of the Advisory Council for further discussion. We understand the need for tax-efficiency with all gifts. Through Friends of Independent Schools and Better Education (FRISBE) based in Seattle, all gifts from US sources also qualify for an official receipt to reduce income tax.

Learn more about the members of the Advisory Council...