
- Bequest, whereby a donor includes FSA in his or her will as beneficiary of a designated amount, a property, one or more securities or even an entire estate. A bequest can be made either for a designated purpose, per the wishes of the donor, or without restriction. In addition to providing a generous gift to FSA, a bequest can also reduce estate taxes, where appropriate.
- Gift of Retirement Assets, making a significant contribution to The Friends School of Atlanta and eliminating or greatly reducing taxes owed. When you or your spouse leave an IRA, 401(k), 403(b) or Keogh to your heirs or your estate, the funds are subject to both estate taxes and then to income taxes as money is withdrawn. If you name FSA as beneficiary of your retirement plan, the principal amount of your account is not reduced by income or estate taxes, but instead is used to support Quaker education in Atlanta.
- Gift of Life Insurance, naming The Friends School of Atlanta as beneficiary.
- Charitable Remainder Trusts, enabling donors to create a variety of trust funds, naming FSA as beneficiary, that continue to benefit the donor and/or the donor’s heirs while generating substantial tax savings in the year donated. FSA would receive the principal of the trust after a specified period of time.