Planned Giving

 
 
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MEMORIAL FUNDS - Some of our alumni and community members have chosen to set up a memorial fund in honor of their loved ones that have passed away. If you would like to set up a memorial fund to honor a loved one, we would be honored to help create a legacy donation in their name that will give back to our Noble children for generations. Email us at info@noblepsfoundation.org about setting up a Memorial Fund. Donors can give online or via the mail.

 
 
 

GIFTS OF STOCKS AND BONDS - Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the Noble Public Schools Foundation. There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

Benefits of gifts of stocks and bonds

  • Avoid paying capital gains tax on the sale of appreciated stock

  • Receive a charitable income tax deduction

  • Further our mission today

How to make a gift of stocks and bonds

  • By electronic transfer - Please contact us at info@noblepsfoundation.org for instructions on how you can transfer stock or bonds from your brokerage or investment account to Noble Public Schools Foundation.

  • By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail. Our address is PO Box 1111, Noble OK 73068.

GIFTS OF REAL ESTATE - Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Noble Public Schools Foundation. Contact us at info@noblepsfoundation.org to discuss gifts of real estate.

Benefits of gifts of real estate

  • Avoid paying capital gains tax on the sale of the real estate

  • Receive a charitable income tax deduction based on the value of the gift

  • Leave a lasting legacy to Noble Public Schools Foundation

How to make a gift of real estate

  • Your real property may be given to Noble Public Schools Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to Noble Public Schools Foundation. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

ADDITIONAL CONSIDERATIONS

  • Mortgaged Property - Please let us know if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.

  • Difficult Property Gifts - Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of real estate. Please check with us before making a gift of real estate so we can explain our gift acceptance policies.

  • Capital Gains Tax - Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.

GIFTS OF RETIREMENT ASSETS - Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to Noble Public Schools Foundation. If you are like most people, you probably will not use all of your retirement assets during your lifetime. Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to Noble Public Schools Foundation. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets. You can make a gift of your unused retirement assets to help further our mission. Contact us at info@noblepsfoundation.org to discuss gifts of retirement assets. Please let us know if you have already included Oklahoma City Community Foundation as a beneficiary of your retirement assets. We would like to thank you and recognize you for your gift.

Benefits of gifts of retirement assets

  • Avoid potential estate tax on retirement assets

  • Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis

  • Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets

  • To leave your retirement assets to Noble Public Schools Foundation, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate Noble Public Schools Foundation as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

GIFTS OF INSURANCE - A gift of your life insurance policy is an excellent way to make a gift to Noble Public Schools Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Noble Public Schools Foundation. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults. Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift. Contact us at info@noblepsfoundation.org to discuss gifts of insurance.

Benefits of gifts of life insurance

  • Receive a charitable income tax deduction

  • If Noble Public Schools Foundation retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums

  • If Noble Public Schools Foundation cashes in the policy, you will be able to see firsthand how your gift supports our charitable work

  • If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work

How to make a gift of life insurance

  • To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Noble Public Schools Foundation as the beneficiary of your policy.

PLAN YOUR WILL - our investment partners at Oklahoma City Community Foundation have developed a will planning program. The Online Wills Planner is designed to help you gather the information your attorney will need to plan for your future. CLICK HERE TO ACCESS THE OCCF WILL PLANNING PROGRAM. Please let us know if you have already named us as a beneficiary of your will. We would like to thank you and recognize you for your gift.

FREE WILLS GUIDE - Are you ready to plan your will or trust? We would like to give you access to a FREE Wills Guide from our investment partners at Oklahoma City Community Foundation. This helpful information may enable you to successfully plan your estate and avoid an accidental disinheritance. You may also ask a question in the comments section. Then plan to use our Wills Guide to record your family information and your estate distribution plans. CLICK HERE TO ACCESS OCCF FREE WILLS GUIDE.

Contact us at info@noblepsfoundation.org to discuss your wishes to include Noble Public Schools Foundation in your will.