We are always available to provide you with further information and suggestions on gifts that fit with your lifestyle and philanthropic goals. Please call Kelli Wilson at 828-733-4305 or email us at info@crossnoreschool.org
Give stocks that have increased greatly in value, particularly those producing a low yield. If you have owned them longer than one year, you can deduct the full fair market value.
Securities
Bequests
Many people include us in their estate plans. A bequest of either a specific amount or a percentage of your estate is easy and helps to insure our future of helping children.
Bank Accounts & CDs
Name us as the "payable-on-death beneficiary" of your bank accounts or certificates of deposit. You own the assets for your lifetime and have them available for your use. Upon your death, the assets pass directly to us without going through probate.
Gift Annuity
This is a simple contract between you and The Crossnore School. In exchange for a gift, the School pays you a fixed dollar amount for your lifetime, based on your age. You will receive a guaranteed income, which is partially tax-free, and the School knows it will have the funds to help children in the future. Many people use maturing certificates of deposit to fund annuities. You will get a higher rate of return and significant tax savings.d
401(k),403(b) and IRAs
You can name the Crossnore School has a beneficiary of your retirement plans. The funds are available to you during your retirement. Upon your death, the School receives either a specific amount or percent of the remainder. By naming the School as a beneficiary, you can avoid estate taxes and income taxes for your heirs while providing hope and healing for our children.
Real Estate
If you own property that is not mortgaged, has appreciated in value, and you no longer need or use, you can give it to the Crossnore School. We will either use the property or sell it and use the proceeds to serve children in need. You will receive a tax deduction based on the value of the property.