Planning to Make a Difference

Planned Giving to OVWS can take many forms. All serve to help support an inspiring school, and all have the potential to change the lives of children and their families.  Planned giving represents a meaningful way to express your values and to give to a place about whose long-term mission you care deeply. Planned giving is like planting an oak tree today, so that years from now someone can enjoy its beauty and benefit from its shade.

You can use gift planning, including gifts through your estate and gifts that can continue to pay you income, to provide meaningful support for OVWS while enjoying financial and tax benefits for you and your family. You can, for example, receive a tax deduction now for a gift which won’t actually be received for many years. Any individual can create a legacy gift by naming a non-profit in a will or living trust, by naming a non-profit on the beneficiary form of a savings, checking, or pension account; or by using a more complex instrument such as a charitable life-income trust.

Q: What is planned giving?
A: A planned gift to Orchard Valley is an arrangement for OVWS to receive a donation at some time in the future. 

Q: What are the advantages of planned giving?
A: The main advantage is that you sustain an institution which is important to you and to the community and that your gift can be much more substantial than you would otherwise be able to manage. There can be many additional advantages including tax benefits for the donor, lifetime income and/or asset ownership.

Q: Is planned giving complicated? 
A: Some forms of planned giving are very simple. 

Q: Is planned giving just for the wealthy?
A: No, almost everyone is in a position to make a legacy gift - even if they are not currently able to make significant charitable donations.

Q: Is planned giving just for people whose children are all grown up?
A: No, the average age of someone who makes their first charitable bequest commitment is 40-50.

Q: What if I make a planned gift and then later change my mind?
A: Many forms of planned giving, such as a bequest, can easily be changed or eliminated if circumstances or wishes change.

Q: What about caring for my loved ones? I have young children.
A: Legacies can be set up as you choose. For example, you can give a set amount (or a percentage) from an eventual estate, or a net amount (or a percentage) after all debts and costs have been paid, or a contingency bequest, or one which provides lifetime income for family members.

Q: What are some of the simplest and most common forms of planned giving?
A: Bequests. In an outright bequest, you simply leave a specific dollar amount, a percentage, or particular assets (such as securities or a work of art) to Orchard Valley. In a residual bequest, Orchard Valley would receive its gift or portion only after all other specific bequests and expenses had been paid.  Bequests can be made when creating a new will or by adding a statement to an existing will. 

Q: Can donors leave interests in their retirement accounts or life insurance policies?
A: Yes. Including OVWS as a beneficiary of a retirement plan or life insurance policy is a simple and usually tax-efficient way to strengthen Orchard Valley’s future.

Q: What’s a Charitable Gift Annuity?
A:  In exchange for a gift of cash, marketable securities or other property, Orchard Valley would guarantee to pay you a fixed income for life based on rates suggested by the American Council on Gift Annuities. A portion of the income you receive will be tax-free.

Q: Are there other forms of planned giving?
A: Yes, lots!

If you have any questions about planned giving, please contact us at

Information contained on this website should not be considered legal, accounting, or other professional advice.