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Planned Giving

- Giving
  - Your Support
    
    Marching Band Uniforms Fundraiser
    SKDP All-Black Affair
    Basketball Team Fundraiser
    Support SKDP
    Ways to Give
    
    Matching Gifts
    Endowments, Scholarships, & Restricted Gifts
    Planned Giving
    
    Recurring Donations
    The Prep Fund
    SKDP Technology Fund
    
    Endowment Gifts / Scholarships
    Donate Now/ Memorial Gift
    Support while you shop
  - Events
    
    ForeverThePrep Annual Fund
    Technology Campaign
    Auctions in August

Benefits of Your Planned Gifts

Type of Gift	Benefit to Drexel Prep	Benefit to You
Bequest in a Will	Bequest could be held in perpetuity and invested to fund school needs	Possible estate tax deduction. Perpetual gift opportunity. Donor receives tax deduction in year of gift Donor can memorialize a loved one by naming endowment Guaranteed fixed income for life Portion of income is tax-free Immediate tax deductions Immediate tax deduction in year of gift from the fund Donor advises distributions in subsequent years to 501(c)3 entities of donor’s choice Immediate substantial tax deduction of the fair market value Retain use of property Assets out of estate Variable fixed income Deferred income if desired Possible income and estate tax deductions At end of trust period, principal returns to donor or other beneficiaries Principal can pass to others with little or no shrinkage Possible income and estate tax deductions Estate and income tax savings for substantial portion of gift Income tax deduction for value of the policy when transferred Premium payments may be deducted as gifts Possible income and estate tax deductions
Endowment	Perpetual source of support for Drexel Prep Source of educational scholarships
Charitable Gift Annuity	Assets that are not used to pay annuity to the donors or others benefit to school
Donor Advised Family Fund	Drexel Prep can be recipient of grants
Life Estate	Ownership transfers to school subject to usufruct of donor for life
Charitable Remainder Trust	Upon death of the donor or last surviving income beneficiary, the remaining assets benefit to Drexel Prep
Charitable Lead Trust	Income for duration of trust helps the school meet the educational and spiritual needs that exceed the capabilities of most schools
Retirement/IRA	Significant gift upon the death of the donor benefits to the school
Insurance Policy	The school receives full face value of policy upon death of the donor, or may receive current surrender value prior to donor’s death