Planned Giving to the School

Careful estate and gift planning can enable you to fulfill your philanthropic interests while providing for your loved ones. A planned gift to the School helps to ensure the future of the services and programs we provide in the boatbuilding community.

Planned Giving options

• Bequest in a Will or Trust

  Stipulation that an amount or a percentage of your estate will be given to NWSWB after your lifetime.

• Life-income gifts

  Life-income gifts provide income to a donor and/or another individual age 60 or older. At the remainder of the beneficiary's lifetime(s), the remainder is given to NWSWB. An excellent use of funds that would be heavily taxed if given to an individual - up to 85 percent. After your lifetime, the remainder of the retirement fund can be assigned to NWSWB as a gift.

• Gift of life insurance

  An old policy no longer needed because of the death of the original beneficiary or a newly created policy can be a helpful gift to NWSWB.

• Charitable Lead Trusts

  Provide income to NWSWB over a set number of years and then transfer assets to children or other individual(s) named by the donor. This plan enables heirs to receive assets while minimizing taxes.

• Gifts of appreciated assets

  Stocks, bonds and mutual fund shares that have increased in value are excellent gifts. You receive an itemized income tax deduction for the full value. Real estate and other appreciated assets also are excellent donations, and you may be able to continue living in a residence while saving on taxes.

Please contact the School administration to plan your gift and ensure the School's ability to accept and use it.