I was struck by the timelessness of this place, of this service; by the beauty of of its traditions; and by the importance of recognizing the lasting quality of all that NCS offers.

Hilary Holman Shaw ’87, Current Parent and Cornerstone Society member

Plan a Gift Now & Build Toward the Future

National Cathedral School is the object of affection for hundreds of alumnae, parents and friends. Many people are under the misconception that making a "major gift" to the school is impossible when thinking of their financial security and that of their heirs. What you may discover with a planned gift is that:
  • Your giving capacity is much more than originally thought, and your impact far more substantial.
  • You may provide for yourself, your partner, or your children and grandchildren while also supporting the school’s future.
  • You may create a significant legacy for both your heirs and NCS.
Over the years, NCS has received more than $6 million in the form of bequests and planned gifts from individuals who have benefitted from many tax and philanthropic advantages.

If you have already included NCS in your estate plans, or if you are considering this option, please contact NCS. We would like to welcome you as a member of the Cornerstone Society. Your commitment to the future of NCS should be rightly and appropriately acknowledged.

Your gift can have a lasting, beneficial impact on National Cathedral School. We urge you to browse our selection of tax-wise planned gifts, then review your personal estate planning objectives with your legal and financial advisors (please see our Disclosure Statement below).

List of 8 items.

  • About Beneficiaries, Retirement, & IRA Plans

    Retirement Accounts: Designate NCS as a Beneficiary
    Retirement plans are the simplest, most tax-efficient way for alumnae, parents, and friends to make a generous investments in the school’s future.  Individuals can designate NCS as a beneficiary of retirement plans, including individual retirement accounts (IRAs), 401(k), profit-sharing, Keogh, and 403(b) plans.  NCS would appreciate notification in writing designating the school as a beneficiary of any retirement fund.  The assets will be acknowledged and recognized for the market value.  Benefits designated to NCS will not incur any income, excise, or estate tax.

    Life Beneficiaries: An Easy Way to Make a Gift of Life Insurance
    Alumnae and friends of NCS can make a substantial contribution to the school’s future through life insurance.  Either individuals or couples can designate the school as the owner and sole beneficiary of a life insurance policy.  If NCS becomes the sole owner and beneficiary of a paid policy, the donor is eligible to an immediate income tax deduction.  The value that is left to NCS will not incur any estate tax.  


    NCS will also accept partially paid policies or term policies if the school is designated as the owner and sole beneficiary, if the policies are transferred to NCS, and if the donors agree to continue making premium payments.  Donors paying annual premiums through the school may claim these payments as tax deductible.  

    When the policy matures, NCS will credit the surrender value or insurance proceeds as an outright gift.  Your decision to make NCS a life-insurance beneficiary will support the future of the school and its programs.
  • About Bequests

    Remember NCS in Your Estate
    Since the school’s founding, many alumnae, spouses, parents, grandparents and friends have generously included National Cathedral School in their wills and revocable trusts.  Provisions have included specific monetary gifts, percentages, residual values, and property. 


    Today, many alumnae and their families have followed suit by deciding to include NCS in their estate plans.  The procedure can lead to a significant gift with little or no cost during your lifetime.  Many schools with strong endowments have benefitted from this kind of long-term planning.  NCS is no exception.  More than one-third of the school’s endowment has come from bequests and other testamentary arrangements.

    Sample Language
    Specific Sum:
    “I give, devise and bequeath to National Cathedral School, Mount Saint Alban, Washington, DC 20016, the sum of $___ (or describe the specific property you intend to bequeath)." 

    A Percentage: 
    "I give, devise and bequeath to National Cathedral School, Mount Saint Alban, Washington, DC 20016, ___% of my estate, both real and personal property of whatever kind and wheresoever situated." 

    A Residual Remainder: 
    "I give, devise and bequeath to National Cathedral School, Mount Saint Alban, Washington, DC 20016, all (or __%) of the rest, residue and remainder of my estate, both real and personal property of whatever and wheresoever situated." 

    Contingent Bequest: 
    "If any of the above named beneficiaries should predecease me, I hereby bequeath his/her share of my estate to National Cathedral School, Mount Saint Alban, Washington, DC 20016.”
  • About Charitable Gift Annuity

    Consider an Annuity as a Gift & Receive Income
    The basics involve an alumna, parent, or friend of NCS to donate cash or marketable securities in exchange for a charitable gift annuity. The donor will receive an income tax deduction when the gift annuity is funded, as well as an agreement from NCS to provide fixed annual payments. Similar to commercial annuities, charitable gift annuities can become a source of supplemental income during retirement. When the annuity ceases, the remainder value goes to NCS, and it will support the future of the school and its programs. 


    Charitable gift annuities can be established immediately, or they can be deferred for a number of years as compatible with the donor's wishes.
  • About Charitable Lead Trust

    Preserve Assets, Reduce Taxes for Your Heirs & Provide for NCS Now
    A charitable lead trust operates in the reverse order of a charitable remainder trust. With a charitable lead trust, a donor contributes cash, securities, other assets, or a combination to establish an individually managed charitable trust. The lead trust provides annual income directly to NCS and its programs for several years. When the trust agreement ends, the trust’s principal reverts to the donor or to other designated beneficiaries, including grandchildren.


    The donor is eligible for an income tax-deduction when the trust is established, and the heirs of trust’s asset may reduce or eliminate their estate tax upon receipt.
  • About Charitable Remainder Trust

    Consider a Trust for Your Loved Ones & Make a Generous Gift

    Annuity Trust
    
    A charitable remainder annuity trust is a managed charitable trust that pays a donor an annual payment that is either fixed or based on a fixed percentage of the initial value of the trust’s assets. It can also pay additional loved ones. The duration of the trust is for life, twenty years, or a combination, depending on the terms. After these terms are satisfied or the income beneficiaries become deceased, the remainder value will be invested in a manner that supports the future of NCS and its programs.

    A donor cannot make additional contributions to a charitable remainder annuity trust after it has been established; however, a charitable remainder annuity trust can support more family members as income beneficiaries. The donor is eligible for an income tax deduction when the trust is established and pays no capital gain tax on assets that are used to create the trust agreement.

    Unitrust
    A charitable remainder unitrust provides income that is based on a fixed percentage of the trust’s assets as they are annually valued. A charitable remainder unitrust can provide annual income to multiple family members, and the duration is for life, twenty years, or a combination, depending on the terms. After these terms are satisfied or the income beneficiaries become deceased, the remainder value will be invested in a manner that supports the future of NCS and its programs.

    Income beneficiaries of the charitable remainder unitrust can contribute to the trust after it has been established. The donor receives an income tax deduction based on the value of trust when it is established and pays no capital gain on the assets that are used to create the trust agreement.
  • About Life Beneficiaries

    An Easy Way to Make a Gift of Life Insurance
    Alumnae and friends of NCS can make a substantial contribution to the school’s future through life insurance. Either individuals or couples can designate the school as the owner and sole beneficiary of a life insurance policy. If NCS becomes the sole owner and beneficiary of a paid policy, the donor is eligible to an immediate income tax deduction. The value that is left to NCS will not incur any estate tax.  


    NCS will also accept partially paid policies or term policies if the school is designated as the owner and sole beneficiary, if the policies are transferred to NCS, and if the donors agree to continue making premium payments. Donors paying annual premiums through the school may claim these payments as tax deductible.  

    When the policy matures, NCS will credit the surrender value or insurance proceeds as an outright gift. Your decision to make NCS a life-insurance beneficiary will support the future of the school and its programs.
  • About Retirement Accounts

    Designate NCS as a Beneficiary
    Retirement plans are the simplest, most tax-efficient way for alumnae, parents, and friends to make a generous investments in the school’s future. Individuals can designate NCS as a beneficiary of retirement plans, including individual retirement accounts (IRAs), 401(k), profit-sharing, Keogh, and 403(b) plans. NCS would appreciate notification in writing designating the school as a beneficiary of any retirement fund. The assets will be acknowledged and recognized for the market value. Benefits designated to NCS will not incur any income, excise, or estate tax.
  • Required Disclosures

    IRS Circular 230: In compliance with the requirements imposed by the IRS pursuant to Circular 230, NCS wishes to inform you of the following:

    (i) Any written tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code;
    (ii) This communication was written to support the promotion or marketing of the transactions or matters addressed herein; and
    (iii) A taxpayer should seek advice based on the taxpayer‘s particular circumstances from an independent tax advisor.

Cornerstone Society

Due to the unwavering support of Phoebe Hearst, a strong willed woman determined to financially invest in the future of girls’ education, the National Cathedral School for Girls opened its doors to 48 young women in October 1900. Since then, NCS has thrived, thanks to many alumnae, parents, trustees, and friends who have made the school a priority in their philanthropic plans.  
 
We would like to thank the members of our Cornerstone Society for continuing this legacy!
Anonymous
Edith Holiday &Terry Adamson
Lauren Adler ’85
Allison Glosser Aldrich ’87
Jennifer Andrus ’86
William & Gail Andrus
Helen Gill Arnold ’83
Sarah Whitehouse Atkins ’82
Madeline Austin ’17*
S. Baughman ’73
Virena Plamer Beaudette*
Llewellyn & James Bensfield
Anice Robertson Berthier ’22*
Joan Ellis & Anders Bjorgung
Zachariah Blackistone*
Louise e. Boyd ’18*
Carolyn Vinson Bou ’78
Nancy Proctor Bride ’59
Mary B. Bronaugh ’30*
Colette & Anthony Bruce
Nancy Brumbaugh ’49
Catherine Sheehan Bruno ’87
Barbara & Fulton Brylawski
William Busby*
Helen Burnham ’92
Marcia Webb Buxton ’61
Katherine Aires Byrnes ’88
Eloise Richberg Campbell ’44*
Diana Waterous Centorino ’70
Ruth Banks Clarke ’27*
Mary Parker Clements*
Sarah Clemmitt ’83
Margaret Chisholm ’47*
Shanti Conly
Joan Crandall ’58
Margaret Creel ’76
Keith Crudgington ’80
Jane L. Daly ’61
Harriett P. Dame*
Stephen & Joan Danzansky
Susan Graham Davidge*
Margaret Church Demme ’54
Diane Dickey ’62
Richard W. Dirksen *
Martha Brooks Donovan ’51
Katherine Earls ’96
Mary Horstick Eschweiler ’66
Mary Leith Ewing ’31*
Deborah G. Exel*
Nancy & Ronald Fletcher
Nancy Abbot Generelly ’48* 
Katrina Hamilton Gewirz ’85
Diana & Stephen Goldberg
Catherine Goodell ’68
Greta Granet
Harriet Beth Granet ’70*
Emily Graves ’77
Nora Gunneng ’69
Susan Gutchess ’68
Adele & Parker Harrell
David J. Hayes & Elizabeth Haile Hayes
Barbara Hill ’34*
Elizabeth Christenberry Holleman ’60
Tanya M. Holton ’85
Susan Eichelbaum Homestead ’55
Karen Slaughter Hoover ’68
Patricia D. Hughes*
Thomas H. Hyde*
Mary Ihde
Ed & Bonnie James
Daniel & Kathy Jamieson
Mary E. Johnston*
Blair Jones ’61
Jean McMillen Jones ’29*
Lisa L. Jones ‘93
Sarah Jones ’69
John & Melinda Kenney
George John Keto*
John Sumner Koch*
Pixie Allnutt Kubeck ’55
Janet Cooper Laisch
Elizabeth Adams Lasser ’78
Avice Stevens Lea ’46*
Deborah Lehman-Smith
Mary Key Lewis ’30*
Keith M. Lindgren
Deborah Principato Lindsey ’79
Dora Anne Little ’63
Aileen Boswell Carlson Lowry*
Jane Smallridge Luedde ’66
Helen Elizabeth Luke ’47
Mary Jane Luke ’44*
Caroline Jamison Lynch*
Jessie C. MacDonald*
Jennifer Porter MacKenzie ’82
Maralyn Elmore Marsteller ’80
Patricia Noble Mason ’62
Virginia Waterman McDonald ’60
Patricia DuBois McIsaac ’50
Peter & Margaret McLachlan
Sewell Freeman McLeod ’58
Helen Sterling Montgomery ’46
Elizabeth Shumate Morgan ’29*
Patricia Morris ’61
Marie-Louise Murville ’78
Mary Owens Naftzger ’58
Susan Dorrance Nightingale ’63
C.O. & Shelley North
Julia Foulke Oat ’41
Courtney Prettyman Paddock ’37*
Eleanor “Cissy” Patterson*
Margaret Struble Pazzetti ’33
Patrice Pitts ’75
Lloyd Leva Plaine ’65*
Jean Preer
Reenie Prettyman ’60
Caroline Freeland Raymond ’60
Gail Richardson
Rucha Robinson ’62
Wallace Ruckert*
Patricia Sagon ’67
Rosemary Morse Schofield ’40*
Evelyn Keenan Seely ’53
Hilary Holman Shaw ’87
Sharon Siegener ’61*
Ambler Bowie Slabe ’64
Jocelyn Arundel Sladen ’48
Eleanor Potts Snodgrass ’44*
Richard & Cathleen Snowdon
Susan P. Snowdon
Ann Denny Solodar ’58
Mary D. Spurgeon ’31*
Amanda Crawford Stifel ’92
Genevieve Ruffner Stirling ’48
Aline Munson Sullivan ’37*
Dinah S. Sunday ’69
Jane S. Tarbell ’28* 
Carol Cross Thompson ’59
Carol Ellis Thompson
Melesse Werkheiser Traylor ’56
Mrs. Walter Tuckerman 1904* 
Patricia Tyson ’57
Katherine Uehling ’33*
James Valiant*
Millicent Adams Vesper
Mary Madeville Voorhess ’19*
Louise W. Walters ’23*   
Teresa Allen Walters ’80
Carolyn Johnson Warner ’54
Wendy Weiger ’79
Emily A. Werheiser ’90   
Jill & Roger Witten
Janvier C. Young ’70
Lisa Zirkin ’59
* deceased