Your Gift Can Last Forever
The Power of an Endowed Gift on Latin School
Start Paying It Forward
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An endowment gift to Latin School today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Latin School. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure Latin School continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to Latin School, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie get a federal income tax charitable deduction on their taxes because they made a lump-sum gift.
- Seek the advice of your financial or legal advisor.
- Contact Anne Hobbs at 312.582.6042 or email@example.com to discuss endowed gifts.
- If you include Latin School in your plans, please use our legal name and federal tax ID.
Legal Name: Latin School of Chicago
Address: Chicago, IL
Federal Tax ID Number: #36-2258525