Planned Giving

A gift through your will or your estate plans is also known as a bequest. You may make a bequest to Derby Academy for a specific dollar amount or a percentage of your estate and have the option to designate your bequest for general use or restrict its use for a specific purpose (depending upon the size and scope of your gift). 

Alumni, parents, and friends are encouraged to call Derby’s Advancement Office before including any type of bequest restriction to ensure the use of the gift.

One of the easiest and most flexible ways to make a planned gift is through a beneficiary designation. This simply means naming Derby Academy as a beneficiary of a retirement account, donor-advised fund, life insurance policy, or bank or brokerage account. Because it is straightforward to arrange and can offer meaningful tax advantages, many donors find this to be an appealing option.

To get started, request a change-of-beneficiary form from your plan administrator or download one from your provider’s website. You can then designate Derby Academy and indicate the percentage you would like to direct to the school. Once the form has been submitted, we invite you to let us know of your intentions so we may thank you properly and ensure your gift is used in a way that reflects your wishes.

Do you want to make a gift to Derby but also worry about having enough income to support yourself and your loved ones? Life-income gifts such as gift annuities and charitable remainder trusts can provide donors with an income stream, significant tax savings, and the satisfaction of providing Derby Academy with invaluable and enduring resources.