Support Old Trail School

Like most independent schools, tuition revenue alone does not cover the cost of running Old Trail School on a short-term or a long-term basis.  Charitable giving is necessary to support the current operating budget as well as fund essential long-term initiatives and capital improvements.

List of 3 items.

  • Old Trail School Fund

    Delivering an Old Trail School education requires considerable resources. Tuition alone does not cover our operating expenses each year. As is true for most independent schools, Old Trail School’s annual budget is financed through three sources: tuition, endowment revenue and philanthropic support.

    Tax-deductible gifts to the Old Trail School Fund are the single most important source of non-tuition income for Old Trail School. It differs from other fundraising efforts because it directly funds the school’s current operating budget. All families are encouraged to support it before any other fundraising program.

    Old Trail School Fund contributions make it possible to provide our students with extraordinary programs, opportunities and academic instruction. These gifts also provide an important degree of flexibility to apply dollars where they are needed most.

    Why is the Old Trail School Fund important?
    The Old Trail School Fund is the mainstay of our giving program, bridging the gap between tuition and the actual cost of educating each student. Dollars from this initiative support the school’s current operating budget and are a vital part of our program. Old Trail School Fund dollars are used where the needs are greatest and can also help Old Trail respond quickly to unforeseen circumstances. 
     
    Why not just increase tuition?
    Raising tuition would likely result in the loss of many valuable students whose families could not afford the increase. A drop in enrollment would lead to cuts in both educational programs and staff. Equally as important, Old Trail School values its economic diversity. We encourage parents to make tax-deductible gifts to keep tuition affordable while maintaining the superior quality of education for every child. 
     
    What is “the gap”?
    The gap refers to the difference between tuition and the actual cost of educating each child. The gap is nearly $5,900 per student. We encourage families who have the means to give “the gap.” 
     
    Why is 100% participation so crucial? 
    Participation in the Old Trail School Fund demonstrates solidarity and an understanding of the culture of philanthropy within the Old Trail community. It also increases the likelihood that Old Trail will receive funding from corporations and foundations who ask about our participation rate before providing us with additional funding. Strong annual giving participation positively influences prospective families, major donors, and charitable foundations to give to Old Trail School.

    I can’t afford to give much. Does my small gift really make a difference?
    YES! Every gift truly does make a difference. Small gifts make a big collective impact and inspire much larger gifts. Every contribution, no matter how small, counts toward our participation rate. 
     
    When should I make my gift?
    Early pledges and gifts reduce overall resources and ultimately increase the value of the donation; they also move us closer to our goal of 100% participation within the first 100 days of school. You have until June 30 to make a payment your pledge. 
     
    What is the dollar goal for the Old Trail School Fund?
    Annual giving goals change yearly, but their purpose remains constant – to sustain excellence at Old Trail School. The goal for the 2018-19 Old Trail School Fund is $450,000.
    Read More
  • Planned Giving

    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 School in their estate plans. Gifts from the planned giving program are an increasingly important source of endowment income for the School. 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 the School has 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.

    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 the School’s endowment to ensure the long-term existence of this remarkable institution. Please consult a professional advisor before making any changes to your estate plans.

    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.

    A Charitable Lead Trust (CLT) pays an annual income to the School based on a percentage of the value of the trust’s assets. The assets are valued annually, making the payout variable.

    A Charitable Lead Annuity Trust (CLAT) pays a fixed income to Old Trail School based on a percentage of the value of the trust’s assets when it is established and does not fluctuate.

    Beneficiary Designations
    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.”

  • Capital and Endowment Gifts

    Capital and endowment gifts provide lasting support for the School. Building and maintaining facilities, ongoing support for core areas of education, ensuring the faculty has the latest technology, and the provision of educational materials and professional development opportunities are all greatly affected by the degree of given support. We encourage our entire community - alumni, present and former parents and grandparents, and others close to the School to take an active role in supporting the present and future of this remarkable institution.
Old Trail School is an independent day school (toddler through grade eight) located in the heart of Cuyahoga Valley National Park.