Planned Giving

Burr and Burton has a time-honored tradition of gift planning. Joseph Burr and then Josiah Burton provided the necessary funding for the school's founding. Many alumni, parents and friends have followed in their footsteps since by remembering the school in their own planning.

Today, Burr and Burton offers a number of creative gift planning options for those wishing to maximize the efficiency of their charitable support of the school. Whether it be helping donors establish a simple bequest, life income gifts, charitable trusts to benefit heirs, or gifts of illiquid property, we wish to help alumni, parents and friends of all ages to realize their charitable and financial goals.

A Note about Gifts from IRAs
The Pension Protection Act of 2006 makes it possible for you to make gifts directly from your standard IRA to Burr and Burton without negative tax implications.

Under this new temporary legislation, if you are 70 1/2 or older, you may give up to $100,000 from your standard IRA directly to Burr and Burton and avoid federal tax consequences. Because these gifts are paid directly from your plan administrator to Burr and Burton, the amount you give no longer has to be reported as taxable income. These gifts were permitted through December 31, 2009, and the deadline is expected to be extended to 2010.

Most important, you can make the gift now and see the benefits of your thoughtful planning at work supporting our students.

Read our most recent Planned Giving newsletter.

Examples of bequest language.