search BFS site

development brooklyn friends fund planned giving
spring benefit make an online donation

Planned gifts are strategic charitable investments that can provide you with important tax benefits. Planned gifts greatly enhance the School’s endowment, assure a strong financial future for Brooklyn Friends and give you the satisfaction of supporting a BFS education for generations to come.

When determining your needs for making a planned gift, there are often several concerns that arise.

I want my gift to work for Brooklyn Friends today. If this is your aim, you can provide a gift to Brooklyn Friends by way of Cash, Appreciated Securities or Real Estate.

I don’t have the assets now. If you would like to provide for Brooklyn Friends’ long term viability but don’t have the resources available now, you can provide for Brooklyn Friends in your will, insurance policy or retirement plan assets.

I still need the income. If you would like to make a gift to Brooklyn Friends now, but would like to continue to receive income, the following options are available to you:

• Charitable Gift Annuity—A donor makes a gift to Brooklyn Friends School and, in exchange, receives a fixed annual dollar amount for life. The principal remaining at the donor’s death passes to Brooklyn Friends School.

• Charitable Remainder Trust—A donor creates a trust, and income from the trust is paid to beneficiaries specified by the donor. Beneficiaries receive income for life or for a specified number of years, and at the end of the trust term, the assets of the trust pass to Brooklyn Friends School.

I want my children to benefit. A charitable lead trust enables you to transfer wealth to future generations at significant tax savings and also helps you meet your philanthropic goals.

Please let us know if you have named Brooklyn Friends School in your estate plans. The 1867 Society, our first planned giving society, was launched this fall. Contact Karen Edelman, Director of Development at kedelman [at] brooklynfriends [dot] org or (718) 852-1029 x206.