Leaving a Legacy
Beyond supporting Hyde through one’s lifetime, there are opportunities to leave a legacy that continues the support of Hyde’s unique character education mission. Through a bequest or other planned giving options, alumni, alumni parents and friends can make a statement about what matters most in their lives by including Hyde in their estate plans.

After reviewing the opportunities listed, you can request further information about any of the planned giving options. We can assist you in making a statement about how you valued the Hyde process during your lifetime, and how you would like to continue giving the gift of Hyde.

To explore further how to leave a legacy and thereby join the Sumner Hawley Society, you can review giving opportunities such as those listed below.

Planned Giving Options

Charitable Gift Annuity (CGA)
In exchange for cash or securities, Hyde School will pay the donor or a loved one a fixed amount annually for the rest of his/her life or the lives of two annuitants.

Most donors can expect payout rates from approximately 6 percent to 9.7 percent annually. You can even support the initiatives of Hyde by designating 80 percent of the earning income to you and 20 percent to Hyde!

A minimum contribution of $25,000 must be made in order for a Charitable Gift Annuity to be established at Hyde.

Charitable Lead Trust (CLT)
Do you own a piece of income-generating property, such as an apartment building or office building?

Can you forgo the earnings from the property or another asset to fund a special gift to Hyde School?

A Donor can make a gift over a period of years, or over a lifetime by creating a Charitable Lead Trust. Earnings go to Hyde and when the Trust terminates, the assets revert back to the donor or to a named beneficiary or loved ones, such as grandchildren.

Charitable Remainder Trust (CRT)
Would you or a loved one like to receive a fixed annual income for life and help support the initiatives of Hyde? By creating an irrevocable Charitable Remainder Trust, you can receive annual income until death when the corpus of the Trust is distributed to Hyde School. You can even support the initiatives of Hyde now by designating 80 percent of the earnings income to you and 20 percent to Hyde!

Gifts of Life Insurance
Charitable gifts of life insurance can either be the gift of an existing policy, naming Hyde as the beneficiary under that existing policy, or a cash gift to Hyde to enable it to purchase or pay the premiums on a life insurance policy.

If you choose to use the vehicle of your life insurance policy for a contribution, it is recommended that you discuss such a gift with a tax advisor, because the income tax rules can be complex. It is, however, well-worth investigating this straightforward and satisfying way to make a substantial gift from existing life insurance policies if heirs are provided for and the policy is no longer needed.

Gifts of Property
Do you have a vacation home in Florida or California that you rarely use? Do you have a cottage in Maine that you have owned for a long time but don’t think your children will ever use it?

The real estate market has remained active while the stock market has ridden a roller coaster. Real estate might represent a perfect gift to Hyde because the sale of appreciated real estate often leads to capital gains taxes, real estate agent and attorney fees, etc. Many of these taxes can be avoided by involving a non-profit organization in your plans. Some donors might even choose to occupy a property for life, with the asset becoming valuable to Hyde School upon death.