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As
Louisville Collegiate School looks ahead to the next
100 years, it celebrates a spirit of tradition
and innovation maintained by caring faculty and staff,
beginning in Junior Kindergarten and continuing for
a lifetime. Our commitment is to provide a truly inspirational
educational experience that promotes academic excellence,
extraordinary character and confident leadership to
excel in life - and to stand out. In order to fund and
sustain the exciting endeavors on our campus, we rely
on the generosity of our donors who exemplify what it
means to "Be Collegiate" and give
back.
By making a planned gift and becoming
a member of the Speed Society, you will "stand
out" for doing your part to ensure the legacy of
Louisville Collegiate School. Named for the school's
founders, Virginia Perrin Speed (1879-1968) and
her husband, William Shallcross Speed (1873-1955),
the Speed Society consists of members of the Collegiate
community who make a gift to the school's planned giving
program.
Planned gifts provide you with a variety
of benefits which may include life income, continued
use of gift property, an avoidance of capital gains
tax, and immediate tax deduction.
There are several ways to make a planned
gift to Louisville Collegiate School:
- Bequest
A Bequest is a gift made through a provision in your
will naming Collegiate as beneficiary. A gift of this
type may reduce estate taxes. By notifying the Development
Office of your gift, we will name you or your family
as a member of the Speed Society. There are three
common options to consider when making a bequest to
Collegiate.
An example of language to include in your will
for each option is found below:
Specific Bequest
I, John Q. Public, do hereby devise and bequeath to
Louisville Collegiate School, a Kentucky not-for-profit
organization, located in Louisville, Kentucky, the
sum of $100,000 to be used (a) for the benefit of
Collegiate as the Board of Trustees may determine;
or (b) for a specific purpose, the criteria for which
is on file at Louisville Collegiate School.
Percentage Bequest
I, John Q. Public, do hereby devise and bequeath to
Louisville Collegiate School, a Kentucky not-for-profit
organization, located in Louisville, Kentucky, 50%
of my estate to be used (a) for the benefit of Collegiate
as the Board of Trustees may determine; or (b) for
a specific purpose, the criteria for which is on file
at Louisville Collegiate School.
Residual Bequest
(a)All the rest; or (b) X% of the rest, residue and
remainder of my estate, both real and personal property,
I give, devise and bequeath to Louisville Collegiate
School, a Kentucky not-for-profit organization, located
in Louisville, Kentucky, to be used (a) for the benefit
of Collegiate as the Board of Trustees may determine;
or (b) for a specific purpose, the criteria for which
is on file at Louisville Collegiate School.
- Gifts of Stock
Louisville Collegiate School accepts gifts of stock
which enable you to receive significant tax benefits
when you give appreciated stocks and bonds. With a
gift of stock, you can take a tax deduction for the
full fair market value of the stock. In addition to
a charitable gift tax deduction, a gift of stock offers
the extra benefit of avoiding capital gains tax on
your stocks' appreciation.
- Real Estate
By donating property to Collegiate, you may avoid
capital gains tax on the sale of a home or other real
estate. In addition, your gift is tax deductible for
the market value of your property.
- Life Insurance
A gift of life insurance can benefit you and the school
in many ways. If you name Louisville Collegiate School
as owner, you can receive an income tax deduction
for approximately the cash value of the policy. If
you name Collegiate as beneficiary you will receive
an estate tax charitable deduction. Naming Collegiate
as contingent beneficiary allows your family added
security.
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1915 Basketball Team
Martin Family Ensures Legacy
at Collegiate
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CONTACT;
Jennifer Hartlage
Director of Development
502.479.0345
jennifer_
hartlage@loucol.com
Class of 1948
1986 Amazon Field Hockey Team
1987 First Co-ed Graduating Class
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