Planned Giving

The Knights Legacy Society enables members of our community to make a permanent and lasting impact on the School’s growth through planned bequests and trusts. These gifts will aid our development in perpetuity.

Thank You for Considering a Planned Gift!

Our gratitude to those who have made Northridge a part of their legacy is expressed through special recognition at events and in the School’s print material, including:

  1. A listing in the Northridge Annual Report (except when personal anonymity is requested)
  2. Invitations to attend special activities and events

For more information about making a planned gift to Northridge, please email our CFO Pat Healy: at phealy@northridgeprep.org.

Making a Bequest

Your bequest can help ensure our future. It can also offer practical advantages to you and your heirs, among them that charitable gifts are 100 percent deductible from your taxable estate. You can make an unrestricted gift that offers Northridge the flexibility to use your funding where it is needed most.

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Specific Bequests

A specific bequest directs a dollar amount or particular assets such as securities, real estate, or tangible personal property (works of art or rare books) to Northridge. We can help you determine whether the School would be able to accept your gifts of real estate or tangible personal property.

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Residuary Bequests

Through a residuary bequest, Northridge receives all or a percentage of the remainder of the estate after specific amounts bequeathed to other beneficiaries have been distributed and estate-related expenses have been paid.

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Testamentary Trusts

A testamentary charitable remainder trust is created through a will and can provide income for a family member or friend. Northridge receives the remainder after either a specified number of years or the trust beneficiary dies. Alternatively, by providing payments first to Northridge for a number of years, a testamentary lead trust can be used to pass assets to heirs with significant tax advantages to the estate.

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

 

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