A planned gift is an investment in the stimulating, exploratory environment of Friends Select School and a significant way to impact its future. Planned gifts can also bring advantages to donors, providing a lifetime income benefit while decreasing tax exposure.
The Price Wetzel Legacy Society honors alumni/ae, parents and other members of the Friends Select School community who include the school in their estate plans. The society was originally named after Julia Hosbach Wetzel, an alumna from the class of 1927 who made a generous gift to Friends Select through her estate. In 2015, its name was changed to the Price Wetzel Legacy Society in order to also honor Peter O. Price from the class of 1958 for his thoughtful gift to Friends Select’s next generation.
All individuals who include the school in their wills or estate plans (with a bequest intention or planned gift of any size) become members of the Price Wetzel Legacy Society. Membership benefits include invitations to special seminars, receptions, and a variety of events.
How to Become a Member
The goal of planned giving is to combine your philanthropic goals with your estate planning objectives, while receiving financial benefits. Planned gifts can be advantageous to donors by granting charitable deductions, generating income, converting low-yielding assets into a higher income stream, and decreasing capital gains and estate taxes. You can join the The Price Wetzel Legacy Society by pursuing several forms of deferred giving, including:
Planned Giving and Bequests: You may designate a specific amount or percentage of your estate for Friends Select by including instructions in your will.
Establish a Charitable Gift Annuity: You may choose to transfer a gift of funds or property in exchange for a lifetime stream of fixed income payments from Friends Select School, after which the principal is transferred to the school. A charitable gift annuity can result in tax deductions. Friends Select partners with Friends Fiduciary Corporation for this benefit.
Establish a Charitable Remainder Trust: These gifts allow you to donate funds or property by establishing a trust. In exchange, you’ll receive a lifetime stream of payments from the trust, after which the principal is transferred to the school. The trust may receive favorable income tax treatment.
To learn more, or to become a member of the Price Wetzel Legacy Society, contact Christine Jefferson, Director of Development, at 215.561.5900, extension 141, or at firstname.lastname@example.org.