Planned Giving

A planned gift is a wonderful way of providing financial support for Old Trail School.

This method of giving is very attractive to both the donor and School as it allows your gift to be maximized while at the same time minimizing its impact on your estate. A well-designed estate plan that includes planned gifts may provide multiple benefits to you and your family. Your generous gifts are added to Old Trail's endowment to ensure the long-term existence of this remarkable institution.

The 1920 Society

Named for the year Old Trail School was founded, The 1920 Society honors individuals who have indicated a provision for Old Trail in their estate plans.

Gifts from the planned giving program are an increasingly important source of endowment income. Members include alumni, parents and grandparents of students, faculty, staff members, trustees, and many others who have developed a deep and meaningful relationship with Old Trail School. Once we have been notified by an individual of participation in our planned giving program, he or she is listed as a member of the 1920 Society in perpetuity.

Other Options

Gifts in Your Will or Trust

Charitable provisions in wills and trusts continue to be a very popular way to make a planned gift. They are generally simple to set-up and are deferred until a later date. There are three ways to include Old Trail School as a beneficiary of your will or trust:

Outright gifts or bequests leave a specified amount of an asset, such as cash, stock, bonds, real estate or personal property (e.g. artwork or collectibles) to the School. The gift can be one lump sum or a percentage of an estate.
Residuary gifts and bequests are assets that remain after all specified gifts, taxes and expenses have been distributed through the estate and then may be gifted to the School.
Contingent gifts and bequests provide a gift to Old Trail School if the primary beneficiary(ies) does not survive you.

Life Income Gifts

These gifts are ideal if you want to support Old Trail School while maintaining or increasing your current income and enjoying tax benefits. The most popular life income gifts are listed below.

A Charitable Gift Annuity is a contract between a donor and the School. The donor transfers assets to the School, and in return the School agrees to pay a specified sum of money each year to one or two beneficiaries for life. The payments are based on the age of the annuitant(s) and the amount of the gift. Gift annuities are generally simple to create and can be established with as little as $10,000.
A Charitable Remainder Trust (CRT) is different from a gift annuity in that the donor transfers assets to a trust instead of to the School. At the end of the trust term, the remainder is transferred to Old Trail School.
A Charitable Remainder Unitrust (CRUT) pays an annual income based on a percentage of the value of the trust’s assets. The assets are valued annually, making the income variable.
A Charitable Remainder Annuity Trust (CRAT) pays a fixed income based on a percentage of the value of the trust’s assets when it is established.

Charitable Lead Trusts

This type of trust is almost the opposite of a charitable remainder trust. The payout goes to Old Trail School first, with the remainder passed along to your heirs at the end of the trust term.

These designations are relatively easy to make and may provide tax advantages to your heirs and estate.

Retirement Plan Assets (IRA, Keogh, etc.) may be heavily taxed if left to individuals. It may make sense to name Old Trail School as a beneficiary of these assets and leave other assets not subject to income tax as gifts for loved ones.
Life Insurance When the original intent of a policy changes or is no longer needed, you can name the School as a beneficiary or transfer ownership of the policy (which may help take assets out of your estate).
Payable on Death and Transfer on Death Accounts In Ohio, you may name Old Trail School as a beneficiary of your savings or checking accounts. Stocks, bonds, mutual funds and other securities may also be designated “Transfer on Death to the School.”

Real Estate Gifts with a Retained Life Interest

These designations are relatively easy to make and may provide tax advantages to your heirs and estate.

Retirement Plan Assets (IRA, Keogh, etc.) may be heavily taxed if left to individuals. It may make sense to name Old Trail School as a beneficiary of these assets and leave other assets not subject to income tax as gifts for loved ones.
Life Insurance When the original intent of a policy changes or is no longer needed, you can name the School as a beneficiary or transfer ownership of the policy (which may help take assets out of your estate).
Payable on Death and Transfer on Death Accounts In Ohio, you may name Old Trail School as a beneficiary of your savings or checking accounts. Stocks, bonds, mutual funds and other securities may also be designated “Transfer on Death to the School.”

How to Get Involved

Please contact Joe Vogel, Director of Development, for more information or to begin the conversation about any of these impactful Planned Giving opportunities by emailing jvogel@oldtrail.org or by calling 330.666.1118 ext. 482.

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