How to Give
How to make a gift to Avon Old Farm’s School
A gift designated in your will or trust making Avon Old Farms the beneficiary of your asset.
A donor who is at least 70 ½ can make a rollover directly from his or her IRA to Avon, allowing you to make a donation of up to $100,000 and avoid taxation on the distribution.
Gifts of Retirement Assets
You can designate Avon Old Farms as beneficiary of a retirement account such as an IRA, 401K, or Keogh, saving your estate up to 80% in taxes. With the enactment of the SECURE Act in January of 2020, non-spousal heirs are required to withdraw all of the assets of an IRA within ten years. Depending on the level of assets within your IRA this can have significant tax implications to your heirs. Please consult your financial planner for advice to minimize your tax obligations and ensure your estate is managed effectively.
Charitable Trusts and Annuities
These are vehicles that can provide you or your heirs a fixed income over a period of time and make a transformative contribution to Avon Old Farms.
Please contact Sarah Wallace in the Alumni and Development Office so we can assist with successfully implementing your bequest intentions.