Smart philanthropy for you may be an outright gift now, a planned gift or both. A planned gift may be made during your lifetime or through an estate plan. The goal of planned giving is to enable you to maximize the benefits of a gift for yourself, for your family and for Milton while minimizing the cost of making that gift. Some planned gifts provide you with income during your life. Other planned gifts provide a means to transfer assets to heirs while supporting Milton and minimizing or eliminating tax burdens.

Planned gifts typically support Milton’s endowment and help ensure the School’s strength today and for years to come. Gifts to the endowment are managed for growth and income. Each year, a portion of endowment earnings is spent and a portion is reinvested to ensure growth and strength in perpetuity. Endowments support a wide variety of needs including faculty, financial aid and the upkeep of buildings. Some loyal supporters of the Annual Fund have created endowed funds to provide their Annual Fund gifts in perpetuity. You may direct endowment gifts to existing endowment funds or you may establish a new named fund after certain criteria are met.