Planned Giving

Your gift of cash provides immediate tax savings for you through charitable deductions. The establishment of a named fund within the Academy’s endowment is an excellent way to target your gift. Your gift will be invested, and over time, it will provide NFA with an ever-increasing and permanent source of financial aid to students. Named funds can recognize a deceased loved one, a family, a teacher, a classmate, or an entire class. They are lasting tributes, and their names and legacies will live on at Norwood-Fontbonne Academy. A named fund can be added to at any time by anyone interested in supporting its designated purpose.

The purpose of having a will is to distribute your property to whomever you wish at the time of your death. It is the legal way to provide for your heirs, and the causes and organizations that you care about. The importance of having a will cannot be overstated. More than 60% of Americans lack a will or estate planning. In these cases, the state will determine the distribution of those assets. A bequest is a simple directive that is included or added to your will. You can include Norwood-Fontbonne Academy in your will either by using a fractional share (percent of the estate, or percent of the remainder of the estate) or a certain sum ($ amount specified).

Remembering the Academy in your will is a special and effective way of ensuring that the mission of the school will continue for future generations to come.

A simple contract between you and Norwood-Fontbonne Academy. It is a way for you to make a gift to the school, and in return receive a specified lifetime income. You can secure steady quarterly payments for yourself or others while providing the Academy with the means necessary to provide financial aid to our students. The gift can be established with cash, securities, or property, and the assets of the institution back our ability to pay you for life. In addition, when you fund a gift annuity, you are eligible for a significant charitable deduction for the amount that Academy is expected to receive in the future.

Provides income for yourself while making a gift to the Academy. You establish the trust during your lifetime, receive a charitable tax deduction, and the remaining amount goes to NFA at the time of your death.

Norwood-Fontbonne Academy benefits immediately, and you and your beneficiaries receive the remainder of the trust’s assets.

A low cost method of providing for Prep's future. A life insurance policy which names Norwood-Fontbonne Academy as the beneficiary can have a major impact.

Gifts of valuable artwork, furniture, jewelry, antiques, rare books and manuscripts can increase the school’s educational resources in many ways.

You can offer real estate as an immediate gift or to fund a trust. You can decide to remain in your home after making your gift, thereby gaining a tax deduction and eliminating local taxes while still enjoying the comforts of home.