Planned Giving

"I have included RCDS in my personal estate plans. I chose to make a bequest because it was a very comfortable way for me to contribute. I am a bit of a worrier about money and felt that this method of giving would protect my financial security during my lifetime and still allow me to make a significant gift to the school I love so much."

– Suzy Post
Trustee, Past Parent,
Former Staff Member

Planned Giving is an effective and mutually beneficial way of giving to The Rumson Country Day School. By making a planned gift, you assist RCDS in its mission, while enjoying the benefits of capital gains tax savings, increased income, and income tax savings. Most importantly, a planned gift maximizes your giving potential while ensuring your future financial security and that of your loved ones.

You can have a lasting impression on the people and organization that means so much to you!

How to Leave a Legacy in 5 Minutes:

1. Include The Rumson Country Day School in your will or living trust.

This gift can be made by including as little as one sentence in your will or living trust. Plus, your gift can be modified throughout your lifetime as circumstances change.

Use our sample language to share with your attorney to make a gift in your will or living trust.

I give to The Rumson Country Day School Rumson, NJ (the sum of $_____ or _____ percent of the rest, residue and remainder of my estate) for its general purposes.

2. Name The Rumson Country Day School as a beneficiary.

One of the easiest gifts you can make is to name The Rumson Country Day School as a beneficiary of one of your assets, such as your retirement plan or life insurance policy. This is a popular gift to give because you can set it up by yourself. There’s no need to use the services of an attorney or financial advisor to put your gift in place.

Simply contact the administrator of your retirement plan, insurance policy or bank account for a change of beneficiary form or simply download a form from the provider’s website, sign it and return it.

3. Make a tax-free gift to RCDS.

You may be taking Required Minimum Distributions (RMD) from your IRA that you really don’t want or need, but on which you are paying income tax. If you are making charitable gifts and also paying tax on your RMD your are missing a tax benefit and paying more tax than you should!

Please consider this: If you are age 70 ½ or older, you may now transfer any amount up to $100,000 directly to RCDS. This distribution would not be included in your taxable income – but could still fulfill your RMD for the calendar year. This outright gift must come directly from your IRA Custodian to The Rumson Country Day School. Gifts may be made at any time without expiration, but each year needs to have your authorization for that year.

Two kindergarten students shake hands for the morning greeting.

The Legacy Society honors those supporters who have designated a portion of their assets in their will or through their estate planning to benefit The Rumson Country Day School. Gifts from bequests and trusts ensure the future of our remarkable school, support our mission and help establish a lasting legacy of excellence at RCDS for today's students and for generations to come. Individuals who include the school in their estate plans become members of the RCDS Legacy Society.