Throughout the School's history, many friends of the School have helped Friends’ Central to thrive by providing for the School as part of their estate planning.
“Stephanie was always – from the moment I met her at the age of six until she graduated from Friends’ Central in 1970 – doing two things: practicing the piano and saving money for college. She was the light and life of her parents, Helen and Jack. They supported her, both on and off campus, and were well-known regulars on the sidelines at any hockey match!
Right from the start, Stephanie loved Friends’ Central. She never missed a day of school in 12 years! (Now, honestly, how many of us can say that?!) She went on to earn a Master’s degree in teaching from the University of Delaware, but the greater part of her heart was always with FCS. It truly was her second home. Neither Stephanie (nor I!) were the best of academics – largely, we claimed, due to the unusually large number of geniuses in our class! But Stephanie was a dogged learner. Friends’ Central nurtured her intellect, and she appreciated this all her life. We will miss her. We, her classmates and FCS friends, will carry her memory with us. Ever true to Friends Central, Stephanie remembered the School with a generous donation in her will – a final ‘thank you’ to the school she had loved so well for over 60 years.”
- Sherry McVickar, on behalf of the Class of 1970
A bequest is a gift from your estate—a transfer of cash, securities, or other property made through your estate plans. You can make a bequest to Friends’ Central by including language in your will or living trust leaving a portion of your estate to the School, or by designating Friends’ Central as a beneficiary of your retirement account or life insurance policy. A bequest costs nothing now but gives you the satisfaction of knowing you have strengthened Friends’ Central in the future.
Charitable Gift Annuity
An arrangement where you irrevocably transfer assets to Friends’ Central and receive income for life. Income will go to you or someone chosen by you. The trust can run for your lifetime or for a specified number of years; then the trust assets go to Friends' Central. For such gifts to Friends’ Central, the School works with Friends Fiduciary Corporation.
The charitable IRA rollover is designed for individuals age 70-1/2 or older to give directly to qualified charities and avoid tax obligation you might incur from required or elective IRA distributions. The amount donated is not included in your adjusted gross income (AGI) and thus is not subject to percentage limits for charitable deductions.
Those who let us know about their planned giving intentions become members of the Blackburn Society, named in honor of Eliza E. Blackburn ’22, whose estate gift has benefitted Friends’ Central for many decades. Six new members have been added so far this year!
Estate gifts can be structured in many ways, a number of which provide immediate tax benefits and long-term income. In all cases, the first step is to work with your financial advisor to decide what is best for you. If you are interested in creating a legacy gift that benefits you and Friends’ Central School, please contact the Development Office at 610-645-5039 or email@example.com