In many cases, a deferred gift enables a donor to make a more significant contribution to Dana Hall than would be possible through an outright gift.

Most often such gifts take the form of life income arrangements, which generate income for the donor during his or her lifetime or for a term of years. The principal then reverts to Dana Hall. You can receive immediate tax benefits for the contribution while helping to insure Dana's future strength. You may name an income beneficiary other than yourself, and you also may extend the income interest to include the life of a second survivor beneficiary. The Development Office can provide more detailed information regarding any of the planned gifts listed below at 781-235-3010 x2133.

Gifts by Bequest
Gifts by bequest are lasting investments in the future of Dana Hall and traditionally have been a major source of the School's support. A bequest can be simple to set up with the advice of an attorney. Anyone can make a bequest regardless of financial status. Also, it can be made with a set dollar amount or percentage of the estate's value and there is no minimum amount required.

Dana Hall's life income opportunities include the following:

IRA Rollover Gift (2006 and 2007 only)
In 2006 and 2007 only, donors ages 70 1/2 and above have the opportunity to donate up to $100,000 a year tax-free directly from their Individual Retirement Account. The gift is a completely tax-free transfer from the IRA to the charity. Donors over the age of 59 1/2 may donate to charitable institutions from their IRAs without incurring a 10% early withdrawal penalty. Contact your IRA plan administrator to transfer the gift amount directly to Dana Hall School. In addition, please inform the School of your gift intention to ensure proper recognition.

Pooled Income Fund
A pooled income fund is a charitable trust in which your gift of cash or securities is combined with the gifts of other individuals, and then invested by Dana Hall. Dana Hall pays income quarterly at a variable rate of return to you or your named beneficiary during his or her lifetime and then, if you wish, to another individual of your choice.

Charitable Gift Annuity
With the establishment of a charitable gift annuity, you or other named beneficiary will receive a fixed income for life. The rate of return is based on the annuitant's age at the time the gift is made. A portion of the annual income to the annuitant is tax-free.

Deferred Payment Gift Annuity
A deferred payment gift annuity is identical to a charitable gift annuity, with the exception that payments to the annuitant will not begin until some future date (more than one year from the date of the gift). The advantage to you is that the charitable deduction may be taken the year of the gift, and income, at a high rate of return, may be deferred until future years, perhaps for retirement purposes.

Charitable Remainder Unitrust
This is a separately invested fund with its own portfolio. One form of this trust arrangement specifies that the income beneficiary receives annual payments for life or a term of years. On the death of the beneficiary or survivor beneficiary, the remainder comes to Dana Hall. The donor may make additional contributions.

Charitable Remainder Annuity Trust
This is also a separately invested portfolio, but the income is a fixed dollar amount agreed upon between the donor and the school. At the death of the last beneficiary, Dana Hall will receive the remainder. The donor may not make additional contributions.

Charitable Lead Trust
The charitable lead trust is a short-term trust that pays income to Dana Hall for a term of years. Dana's income interest must be in the form of a guaranteed annuity or unitrust. At the end of the trust period, the entire trust principal plus any appreciation and undistributed income returns to the donor or the designated beneficiaries.