Retirement Plans
Ask your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form.
Designate and Donate — Introduction
You can support our mission without reducing your income or diminishing your savings.
Think about using assets that can be transferred to Philips Academy of NC without legal expense. You may have bank investments, retirement, insurance, stock, or mutual-fund accounts that you can use to accomplish your charitable goals. All of these assets can be transferred by completing a P.O.D. (Payable on Death) or T.O.D. (Transfer on Death) form. Some companies also call these beneficiary designation forms. This completed form tells the account custodian what to do with the account after your passing.
You can name Philips Academy in your long-term plans today without a negative impact on cash flow or lifestyle. Keep it simple and savvy. Ask your bank for a P.O.D. form. Ask your retirement plan, investment account or insurance company for a T.O.D. form. Designate and donate with any of these assets. It takes less than five minutes of your time.
Stocks and Investments Fund Accounts
Ask your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form.
United States Savings Bonds
Gift savings bonds to your favorite charity, and save your heirs from excess taxation.
Life Insurance
Ask your plan custodian for a T.O.D. form, sometimes called a beneficiary designation form.
Bank Accounts
Ask for a P.O.D. form, and have what's left in checking or savings transferred to charity.
Jointly Held Accounts
You may have a loved one as a joint account owner. You can still designate and donate.
Gifts of Artwork and Personal Property
Easy assets you can donate that will not affect cash flow, with little or no legal expense.
Making a legacy gift to Philips Academy doesn’t take great wealth—just a sincere desire to have a positive impact on the lives of children with developmental disabilities. All gifts, large and small, are important to us and are very much appreciated.
By planning a legacy gift through a bequest in your will or a gift in your estate plan, you help ensure that Philips Academy will continue and that future generations of students will have access to a Real Learning for Real Life education.
If you’ve already included Philips Academy in your will or estate plan, let us know! We’d love to officially welcome you to the legacy society. However, should you wish to remain anonymous we are happy to honor that request.