By endowing a scholarship, you can create a lasting legacy for students. By endowing a scholarship, you can accomplish this, see immediate benefits of your gifts, and take an income tax deduction.
A scholarship of $25,000 with a 5% rate of return will provide $1,250 per year to the fund. You may add to it over time. If you make a cash gift during life, usually, you can take a charitable deduction of up to 50% of your adjusted gross income, each year that you give.
When you endow a scholarship now, we can thank you for it and you can see your gift in action. You may name the scholarship, meet the students, faculty and create specific guidelines. (Ex: need based; merit based)
A donation to Briarwood/Tuttle, which we invest along with our other endowments, each year a portion of the income from the invested money will be used to support our mission in your honor.
1. Contact Linda Peters by phone (832) 775-9556, or email firstname.lastname@example.org
2. Seek the advice of your financial or legal advisor
3. If you include Briarwood/Tuttle in your plans, please use our legal name and Federal Tax IN number.
Legal Name: The Briarwood School
Address: 12207 Whittington Drive. Houston, TX. 77077
Federal Tax ID Number: 81-4638450
“The greatest gift is the knowledge that you’ve made a difference for students now and in the future. Scholarship endowments create a gift that will last a lifetime.”