Reaching Your Goals, Reaching Catlin Gabel's Goals

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A primer on planned giving

Do you want to generate income for yourself or a family member? Or leave a bequest for future generations of Catlin Gabel students and programs? When planning your estate, consider how planned giving can serve your multiple goals. Through planned giving you can achieve your philanthropic goals—and provide benefits for the people you wish to support. If you are looking for a way to pay tribute to you and your family’s experience at Catlin Gabel, a planned gift will help maintain our extraordinary traditions and is one of your best choices.


* Creating income for life for you or someone you designate.
* Reducing income, capital gains, gift and estate taxes.
* Being able to make a significant gift to the school without using current dollars (such as in a bequest)


* Charitable bequest in a will
* Life insurance designation to Catlin Gabel
* Gifts of retirement plan assets or IRAs
* Charitable gift annuities
* Charitable remainder trust

Legacy Gift: A Charitable Bequest

A charitable bequest can help you support Catlin Gabel, even if you do not have the means to do so now. A charitable bequest is a provision in either your will or living trust that provides that all or a portion of your estate is to pass to Catlin Gabel. The numerous ways to give a bequest include:

* Specific bequest of property: Give a particular item such as a residence or stock.
* Specific bequest of money: Give a stated sum to a named beneficiary.
* Residuary bequest: Give the remainder of your estate after other bequests, debts, and taxes have been paid.
* Percentage bequests: Combine with any type listed above to give just a portion of the asset or the estate.

A bequest is a great way to reinforce your personal connection to Catlin Gabel and demonstrate that you believe in the school’s mission. It is a way to honor an organization that is important to you, even if you do not have the current income to give. Please consider joining the group of donors who have made a bequest and therefore belong to the Ruth Catlin and Pricilla Gabel Legacy Society.

Photo: Wayne McDonnell

Charitable Annuities

A charitable gift annuity is a contract between the donor and Catlin Gabel School that provides fixed income for the life of the donor or another designated beneficiary. The gift program and its assets are supported by the management and total assets of the school. Payments are typically made quarterly, and a significant portion of each one is tax free. The rates for the payments are determined by the American Council on Gift Annuities and based on the age of the donor at the time of the gift. Gift annuities bring with them an immediate charitable income tax deduction. Capital gains taxes are reduced and can be reported over several years so they are not all due at once.

You may choose payments to start immediately, depending on your age, or to be paid to you for a term of years in the future, which is called a deferred annuity. Deferred charitable gift annuities can help you increase your retirement income by providing you with regular, fixed income once you retire. This may also be a gift tool that provides risk-free income for a senior family member.

Angeles Investment Advisors

All planned gifts are invested with the Catlin Gabel endowment. Angeles Investment Advisors, a firm in Santa Monica, California, invests and manages the endowment. Their total assets are approximately $230 billion. The Catlin Gabel endowment is currently valued at over $23 million.

If you have included Catlin Gabel in your estate plan, or would like more, no-obligation information on planning a gift, call or email Miranda Wellman ’91, associate director of development, at 503-203-5118,