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Planned Giving

What will be your legacy?

Beaumont School is strengthened by the generosity of our alumnae, parents, and friends. By including Beaumont School in your estate plans, you support the young women who carry on the tradition of academic excellence, leadership, faith, and service.

Any age is a good age to start estate planning. As your circumstances and your philanthropic priorities change, your will becomes a reflection of your intentions and the foundation for your legacy. No matter how you choose to give, your commitment to our future will create a lasting Beaumont legacy to carry on the Ursuline tradition.

Beaumont is grateful to those who have chosen to keep the school and its students in their estate plans, or who seek to do so today.


LegacyLeaders

Members of the Legacy Leaders have notified Beaumont School of a planned gift from their estate in the form of a bequest, charitable trust, gift annuity or insurance policy. These Legacy Leaders have shown their commitment to Beaumont’s mission and vision by pledging their financial support so that Beaumont School will have continual monetary assistance far into the future.


TestamentaryGifts

These are gifts to Beaumont School that occur after your lifetime.

  • Bequests: After you have provided for your family and loved ones, a bequest in your will would enable you to make a gift to support Beaumont School. A general bequest designates that Beaumont would receive a specified dollar amount. For example: “I bequeath to Beaumont School, Cleveland Heights, Ohio, the sum of $100,000 to be used for its exempt purposes.”
  • Life insurance: You can make a gift to Beaumont School of your paid-up life insurance policy, or you could buy a new policy and name Beaumont School as the owner and beneficiary.

With a gift of paid-up life insurance policy, you can deduct the cash value of the policy at the time of the gift. With the purchase of a new policy, you would establish the policy and then transfer ownership to Beaumont School.

If there are premium payments that remain, you could make annual gifts to Beaumont School to help cover the cost of the premium, which also would be tax-deductible to you.


Deferredor Life Income Gifts

Deferred gifts happen at a date in the future, selected by you. Life income gifts are invested by Beaumont School to pay you and/or a spouse or family member an income for life. Upon the death of the last surviving beneficiary, Beaumont School may use the assets either as needed or for a specific purpose which you have designated.

Deferred gifts include annuities, trusts, and real estate.

If you would like more information about making a planned gift to Beaumont School, please contact Kimberly Kraus Epley ’95 at 216-325-7374 or kepley@beaumontschool.org.