Support Prep

LEGACY SOCIETY

... Leaving a Legacy for Future Generations …

In legal terminology, legacy is a gift of money or property left by a donor in his/her Last Will and Testament.  A planned gift allows the donor to make a final gift, many times of a much more generous size than may be possible during his/her lifetime.  Such gifts are sometimes the most meaningful endorsements of the benefits and values associated with Jackson Preparatory School.

Becoming a member of the Legacy Society demonstrates solid commitment.  This is a donor who values the legacy, supports the mission, and in doing so, understands the importance of endowing the future.  He/she joins our Legacy Society, having named Jackson Preparatory School Foundation, Inc. as a beneficiary in his/her Last Will or Trust or by naming the Foundation as owner of personal property or a new or existing life insurance policy.

The following donors have documented a planned gift and joined our Legacy Society:

Anonymous

Jean and Jack Carlisle
Melanie and Mike Dowell

Barbara Fortenberry Hederman
The Estate of Zach T. Hederman
Laurie and Tony Huffman
Tish and Haden Hughes
Sara Beth Jordan
Leila and Sam, ’72, Lane
Dr. and Mrs. J. O. Manning
Len and Sally Martin
Jonelle and Gus Primos
Melissa Skelton
Janet Clare Smith
Tricia, ’72,  and Alan, ’72, Walters
D. Richard Younce, Jr., ’85

 

We make a living by what we get; we make a life by what we give. – Churchill

Planned Gifts

Through a planned gift to benefit the future of the school, you may experience the joy of making the maximum gift at the minimum cost.  Leave a legacy and maintain the tradition of excellence for future generations at Jackson Prep.  Let us help you find the perfect tax-wise gift.

Bequest

• Donate money, property, or a share of your estate residue through your will
• Can either be outright or contingent on heir survivorship

Living or Testamentary Trust

• Create a trust that will provide payments to you or a relative for life and then part or all of the remainder to Jackson Prep
• Provide for heirs first and Jackson Prep thereafter

Charitable Lead Trust

• Fund a trust that provides payments to Jackson Prep for a term of years and then pays the remainder to family members
• Benefit Prep and pass principal to family with reduced estate or gift taxes

Life Insurance

• Name Jackson Prep as the primary or contingent beneficiary
• Contribute either a new policy or allocate a portion of an existing policy

Qualified Retirement Plan

• Name Jackson Prep as the primary or contingent beneficiary
• Avoid twofold taxation (income and estate taxes) on distributions after your lifetime

Life Estate Agreement

• Deed your personal residence to Jackson Prep
• Retain life use
• Avoid the complications and delay of selling your property and secure current income tax savings

Gifts That Pay You Back

These plans ensure you (and even a survivor) payments for life as well as substantial tax savings.  You can convert low-yielding assets into a higher income stream.  You transfer assets to the plan now, and Jackson Prep will receive the remainder after the beneficiary’s lifetime.

Charitable Remainder Trust

• Fund with cash, securities, or other assets
• Receive payments of a fixed dollar amount or a fixed percentage of trust assets annually

Charitable Gift Annuity

• Fund with cash or other assets
• Receive fixed payments for life without investment worries




You are invited to become a member of Jackson Preparatory School’s Legacy Society. Through a planned gift to benefit the future of the school, you may experience the joy of making the maximum gift at the minimum cost. Leave a legacy and maintain the tradition of excellence for future generations at Jackson Prep. Let us help you find the perfect tax-wise gift.

For more information

Contact:
Ryan Sherman, Director of Annual Giving
601-939-8611 ext. 252

Jackson Preparatory School Foundation, Inc.
P.O. Box 4940
Jackson, MS 39296-4940
(601) 932-8106
Fax: (601) 932-5305

JACKSON PREPARATORY SCHOOL
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