Endowment
With gifts to the endowment, Palm Beach Day Academy can support the important work we do today, while strengthening our legacy for tomorrow.
What Is the Endowment?
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Charitable funds that offer a source of stability for institutions.
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Critical to the financial health of schools.
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Essential to support institutions as they work to offer high-quality, affordable, accessible education.
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Not a single fund, but a compilation of funds given by many donors over time, for specific purposes that cannot always be changed after the gift is made.
Channels of Support
Your Gift | When to Give | Ways to Give | Potential Tax Benefit |
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Charitable Bequest | Through Your Estate | Cash, Appreciated Securities, or Real Estate/ Property | Estate Tax, Capital Gains |
Beneficiary Designation | Through Your Estate | Cash | Estate Tax or Income Tax |
Appreciated Securities | During Your Life or Through Your Estate | Stocks, Bonds or Mutual Funds | Capital Gains |
IRA Qualified Charitable Distribution | During Your Life (70 1/2 and older) | Through your IRA | Income Tax |
Charitable Lead Trust | During Your Life or Through Your Estate | Cash, Appreciated Securities, Real Estate/ Property, or Complex Assets | Income Tax, Capital Gains, Estate Tax |
Real Estate | During Your Life or Through Your Estate | Real Estate | Capital Gains, Estate Tax, Income Tax |
Personal Property | During Your Life or Through Your Estate | Personal Property | Income Tax, Capital Gains, Estate Tax |
Palm Beach Day Academy receives returns on their endowment investments each year. Those returns are generally spent at an approximate rate of 5% each year. PBDA's endowment is a permanent source of funding that provides fiscal stability and enables our mission to be met in perpetuity.
Opportunities to Support the PBDA Endowment
Resources
For more information, please contact our Philanthropy Department at philanthropy@pbday.org or 561.815.1523.