Planned giving ensures you can realize your charitable gifting goals, whether during your lifetime or following your death. The ongoing success of SCSDB students depends on the continual investment in an advanced special education environment, both on campus and through outreach programs statewide. Please join us in helping ensure a legacy of improved quality of life for these students. Consider one of the following planned giving vehicles.
If your children are grown, you may no longer need valuable insurance policies. Transferring ownership and beneficiary rights to the foundation may result in a tax deduction on the gift and on any future premium payments you make, and allow you to make a larger than anticipated gift now. New life insurance policies also can make good charitable gifts.
Retirement funds can be heavily taxed when transferred to heirs at your death. Using these funds to make a gift to the foundation instead of other assets could result in more money for your children in your estate.
If you are living on a fixed income and have appreciated assets that are producing little dividends, you may be able to fund a charitable gift annuity that will provide regular income for the remainder of your life – no matter how long you live.
Trusts are a flexible tool providing income for a loved one or charity for a period of years, with the trust assets providing an additional benefit to the charity or your heirs.
By including The foundation and those charities that are important to you and your family during your lifetime in your will or estate plan, you have an opportunity to give assets you no longer need.
Planned giving donors are among our most special friends because their giving goes well beyond today to provide for the future of the foundation and the South Carolina School for the Deaf and the Blind. For that reason, we offer special recognition to those who have made planned gifts to the foundation through membership in the Cedar Spring Society.
Additionally, donors to the unrestricted endowment of $1,000 or more are recognized in the lobby of Walker Hall as members of the Society of 1849.
Please contact the foundation office to learn more about our planned giving opportunities:
355 Cedar Springs Road
Spartanburg, SC 29302