How to Give

Advisors Guide for Planned Giving

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Planned Giving Guide

Gifts from Wills and Trusts:

When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name Carolina Day School in your will or trust please use the following suggested language:

Residual Bequest Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to Carolina Day School, Ashville, NC,  (EIN 56-0125490) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

Specific Bequest Language
You can also name Carolina Day School as a beneficiary of a specific amount from your estate:

I give and devise to Carolina Day School, Ashville, NC,  (EIN 56-0125490) the sum of $ ________________________ (or "____ shares of __________________ stock") to be used for its general support (or for the support of a specific fund or program).

Contingent Bequest Language
Carolina Day School can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

If (insert individual heir's name) is not living at the time of my demise, I give and devise Carolina Day School, Ashville, NC,  (EIN 56-0125490) the sum of $ (or "all" or " ___________ percentage of the residue of my estate") to be used for its general support (or for the support of a specific fund or program).

Gifts of Appreciated Securities

Carolina Day School's Broker: Molly Whatley
DTC: 0141
Attn: 828-255-4920

,  

Account number: 2130-0672
Tax ID Number: 56-0125490

Beneficiary Gifts From Retirement Plans, Life Insurance, Brokerage Accounts or Any Other Plan With a Beneficiary Designation:

Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to Sara Morrison, Director of Annual & Planned Giving at smorrison@carolinaday.org

Legal name: Carolina Day School
Tax ID number: 56-0125490
Address: 1345 Hendersonville Road
Ashville,  NC  28803

Note To Attorneys, Accountants and Other Professional Advisors:

Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.

We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.

If you have any questions or concerns, please call (828) 407.4443 or email smorrison@carolinaday.org.

Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.

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© Planned Giving Marketing. This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.