The Talmud quotes: “As my parents planted for me before I was born, so do I plant for those who will come after me.” 

By making a planned future gift at Gann Academy, you are educating and inspiring passionately engaged students, creating innovative and informal programming in a pluralistic environment, and sustaining a vibrant Jewish future in perpetuity 

With thoughtful planning, you may increase the value of your estate and/or reduce the tax burden on your heirs and gain financial and tax benefits. In addition, you will be making a meaningful contribution to provide Jewish education for future generations. 

In order to acknowledge and recognize individuals who have made provisions in their estate plan to Gann Academy, we have established the  Dor L’ Dor  Society. Members are recognized in the Gann Academy annual report as well as in an honor roll on our website. 

One may become a  Dor L’ Dor  member in any of the following ways:
  • Establish a bequest or living trust
  • Designate Gann Academy as beneficiary
  • Establish a charitable remainder trust or any other planned gift that will provide for the future of Gann Academy.
A written confirmation that a future gift has been arranged will suffice and is most certainly valued and appreciated. 

If you would like more information about creating your Jewish legacy and becoming a member of the honored  Dor L’ Dor Society, contact Seth Finkle, Senior Advancement Officer, at sfinkle@gannacademy.org 


Life and Legacy Society

Planned future gifts to Gann Academy can take many forms, including cash (outright gifts), stock or mutual funds, bequests, as well as insurance or retirement funds. 
 
OUTRIGHT GIFT 
To ensure the most immediate use and benefit, we encourage donors to consider either an outright payment/s to Gann’s Unrestricted Endowment, or an outright payment/s to a Restricted Endowment to benefit a specific area of interest. 
 
TRANSFER OF STOCK OR MUTUAL FUNDS 
Transferring appreciated shares of stock or mutual funds directly to Gann Academy’s endowment fund may entitle you to a charitable income tax deduction for their full current market value, without paying the capital gains tax on the appreciation. 
 
PLANNED GIVING 
Experts forecast that approximately $40 trillion will change generational hands over the next fifty years, making it the greatest transfer of wealth in history. Gann Academy is looking to the future and keeping this in mind as we grow the endowment.  One way that you can help is through a planned gift, which costs you nothing today. You can make a planned gift in a variety of ways, and many of the options are simple to establish. 

BEQUEST
 
The simplest way to ensure that you provide for the people and charitable institutions that you hold dear is to make provision for them in your will.   To leave a bequest to Gann Academy please share the following language with your legal and professional advisors: I specifically bequeath $____or ____ % of my gross estate to Gann Academy, 333 Forest St, Waltham, MA 02452. 
 
RESTRICTED ASSETS 
 
Life Insurance 
Designate Gann Academy as a beneficiary of your life insurance policy. This is a very cost-effective method for younger donors. 
 
Retirement Funds 
Designate Gann Academy as an unconditional beneficiary of your retirement plan (e.g., 401K). If you are 70 ½ or older you may transfer funds, directly from Individual Retirement Accounts to charities such as Gann Academy, free from federal income tax.  There may also be state income tax savings.  
 
DONOR ADVISED FUND 
A Donor Advised Fund (DAF) is a charitable gift account that allows you to recommend grants to your favorite charities.  It can be set up through CJP. In addition, you can leave the residual value of your DAF to Gann Academy when you pass away. You can also include your heirs in the decision-making in order to involve them in your philanthropic priorities. 
 
We encourage you to speak with an estate planning attorney to help you make your plans. 
Bequest Language 

“I give and bequeath to Gann Academy, Waltham MA, the sum of $150,000 to be used to support the endowment fund (state purpose if there are additional purposes). If, in the opinion of the Head of School and the Board of Trustees, all or part of this bequest cannot be usefully applied to this purpose due to changed circumstances, they may use the bequest for any purpose that in their opinion will most nearly accomplish my wishes and purposes.” 

The language given here is only suggested language and is meant to be used with the advice of your attorney. 


 
  • GANN ACADEMY
  • 333 Forest Street
  • Waltham, MA 02452
  • P: 781.642.6800
  • F: 781.642.6805