Planned Giving

“Don’t judge each day by the harvest you reap, but the seeds that you plant.”

— Robert Louis Stevenson

Don’t judge each day by the harvest you reap, but the seeds that you plant.”

– Robert Louis

Stevenson offers a full range of planned gift options designed to help you meet your financial and charitable goals while supporting the school and the future of our students.

Options include gifts that require no disbursement during your lifetime, gifts that provide you income for the rest of your and your loved ones lives, and ways to help you protect your income and assets.

Everyone—regardless of age or income—can make a planned gift. By including Stevenson in your financial planning, you help ensure that our future Pirates thrive, and through your example, embrace their role as change-makers in the world.

Ways to Give

To help you begin your planning, below are brief descriptions of the different ways you can make a planned gift to Stevenson. To learn more and begin a conversation about your gift to Stevenson, contact Amy Elmore, director of advancement, at (831) 625-8354 or aelmore@stevensonschool.org.

IRA/Retirement Plan Beneficiary Designations
Making Stevenson a full or partial beneficiary of your IRA or retirement account is one of the easiest and no-cost ways to plan your gift to the school. Distributions from qualified retirement accounts to Stevenson pass free of both income and estate tax.

Bequests
Naming Stevenson in your will costs nothing today, can be changed during your lifetime, and can be structured to provide support to the school after your other financial obligations have been met. To help you with this option, here is some sample language you can provide to your attorney. Each benefactor’s situation is unique and these examples include some but not all the possible bequest structures.

Percentage of estate for unrestricted purposes:
I give, devise, and bequeath to the Stevenson School, a not-for-profit organization located in Pebble Beach, CA (“Stevenson”), ____percent (____%) of the rest, residue, and remainder of my estate as an unrestricted gift to be used for the general purposes of Stevenson.

Percentage of estate for specific purposes with an endowment provision:
I give, devise, and bequeath to the Stevenson School, a not-for-profit organization located in Pebble Beach, CA (“Stevenson”), ____percent (____%) of the rest, residue, and remainder of my estate to be used as I have directed, from time to time, in a separate written fund agreement by and between me and Stevenson; provided, however, if no such fund agreement exists at the time of my death, then for its general purposes.

Specific amount for unrestricted purposes:
I give, devise, and bequeath to the Stevenson School, a not-for-profit organization located in Pebble Beach, CA  (“Stevenson”), the sum of $_______ in cash or in-kind as an unrestricted gift to be used for the general purposes of Stevenson.

Specific amount for specific purposes:
I give, devise, and bequeath to the Stevenson School, a not-for-profit organization located in Pebble Beach, CA (“Stevenson”), the sum of $_______ in cash or in-kind to be used as I have directed, from time to time, in a separate written fund agreement by and between me and Stevenson; provided, however, if no such fund agreement exists at the time of my death, then for its general purposes.

Life Insurance
If you have more insurance coverage than you need, you may consider giving Stevenson a paid-up policy. By transferring the ownership of your policy to Stevenson, you receive a charitable income tax deduction equal to the policy’s cash surrender value or cost basis, whichever is less.

Gift Annuities
A gift annuity to Stevenson today ($10,000 minimum) will ensure that the school pays you a fixed, guaranteed income for your lifetime. An immediate tax deduction lowers the actual cost of the gift. You can choose an immediate or deferred annuity. Click here to view a diagram of how a gift annuity works.

 Charitable Remainder Trusts
A Charitable Remainder Trust ($100,000 minimum) provides you with quarterly income, an immediate tax deduction, and can be funded with cash or appreciated securities.

Charitable Lead Trusts (CLT)
Make a current gift to Stevenson while establishing a significant gift to children or grandchildren to be realized at a future date. A properly structured CLT can reduce estate and gift taxes and eliminate tax on asset appreciation.

Our team is here to help you navigate the many planned giving options available to you. To further support you in your planning process, we have gathered some helpful resources as you consider your legacy gift.