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Planned Giving

Planned gifts can provide long-lasting support for our organization while enjoying financial benefits for yourself.

Planned gifts at Severn School play a crucial role in ensuring the school’s long-term success and sustainability. All planned gifts, regardless of size, help secure a brighter future for the Severn School community. These contributions are directed towards the school’s general endowment fund. Donors can further align a planned gift by designating it towards a specific area of Severn’s endowed funds, such as: Financial Aid, Faculty Professional Development, Student Programs, and Diversity, Equity, and Inclusion. Let your “why” create a legacy and a testament to all that Severn School has given you and be part of all that Severn will be in the future!

Let’s talk about how a planned gift to Severn School can fit into your financial plan and charitable giving goals.

FOR MORE INFORMATION CONTACT:

List of 2 members.

Christina Fitch-LookFong

Development Office Assistant and Planned Giving Support
Shannon Howell

Director, Development

WHAT TO GIVE

Please contact us for more information.

BENEFICIARY ASSIGNMENT

Assignments are added by the donor through the institution holding the account. Examples of accounts with this option are: Banking accounts, Retirement accounts, Health Savings accounts (HSAs), Brokerage accounts, Life Insurance, and Charitable Remainder Trust.
BEQUESTS

A bequest is the act of giving assets through the provisions of a Will, Trust, or an Estate plan. Your attorney can help you include a bequest to Severn School in your estate plan. We can provide some basic sample bequest language to assist you and your attorney.
PERSONAL PROPERTY/REAL ESTATE GIFTS

The donor benefit can come in the form of an income tax deduction equal to the appraised fair market value of the property. A donor can use appreciated securities/stock, real estate, artwork, vehicles, or jewelry.
PLANNED ASSET GIFTS

These gifts provide cash to Severn School right away and would be allocated toward our Admiral Fund. Examples of this type of gift are:
Qualified Charitable Distributions (QCD) from an IRA, Donor Advised Fund (DAF), and Stock Gifts.

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Making a Will: Responsibilities of an Executor

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Waste, fraud, and abuse are prevalent issues in the news. Improperly closed or unclaimed estates have gained attention, especially after the U.S. Social Security Administration reported numerous records of citizens over age 100 without a date of death. To prevent these issues, two systems are in place: writing a Will and naming an executor or allowing assets to be absorbed by local state government if no Will is found. Ask yourself, "Do I want my life's remaining assets to go to my county government?"

Choosing an executor is crucial. Executors, typically named in the Will, manage the estate of the deceased, ensuring the wishes in the Will are honored. In Maryland, without a Will, intestate laws dictate the order of priority for serving as executor, the distribution of assets, and the appointment of a guardian for minor children. Without a Will, a probate case would be opened, and any funds or property would be absorbed by local and state government. If you don't want your estate to fund government projects, choosing an executor is even more important.

The role of an executor is significant, involving legal and financial responsibilities while managing grieving family members and honoring your Will. If you don't have someone to handle this duty, law firms offer estate administration services. Discussing this service in advance is beneficial. Sometimes, the chosen executor may decline, so listing multiple choices is wise.

Click here for a list of executor responsibilities. Sharing this with potential candidates will help them decide if they are right for the job and allow you to discuss potential issues.

SEVERN 1914 SOCIETY

The Severn 1914 Society recognizes those who have notified us that they have included Severn School in their estate plans. Making a deferred gift to Severn ensures that Severn will continue to educate our youth for generations to come. Thank you!

Have you included Severn in your Will, Trust, or Estate plans?

Let us know by clicking here.

*By filling out this confidential form, donors can remain anonymous but can choose how to connect to our current Severn community.

1914 Website Image

Friends:

Anonymous (7)

Capt. Robert N. Adrian Sr., USN (Ret)

Mr. & Mrs. Donald B. Allen

Steve & Sandy Ayers

Mrs. Betty C. Bannat

George Benson

Patricia R. Benson

Mr. John S. Bremer & Mrs. Gayle A. Bremer

Mr. J. Mayo Brown

Mr. Hammond S. Carr

Mr. Michael A. Cauley & Mrs. Beverly R. Cauley

Mrs. Barbara Cromwell

Mr. & Mrs. James W. Donnelly

Ms. Mary C. Egan

Charles J. & Dianne W. Feldman

Mr. & Mrs. Douglas H. Lagarde

Mrs. Jennifer L. Mann & Christopher Mann

Mr. E. Thomas Massey

Mr. Christopher R. McCleary

James and Wendy McIntyre

Mrs. Patricia S. McManus

Mr. & Mrs. Richard Raab in honor

of Lane Raab '68

Mary Kernan Salsich

Dr. Jay J. Stewart

Adger & Sandra Stokes

Mrs. Sophia Stone

Mrs. Anne Reeder Teel

Dr. Lesley A. Ward

The Whiteside Family

1924

Edward A Hannegan

1925

Mr. Robert Wigginton McCormick

1930

Dr. & Mrs. Bruce Scott Old

1935

BG James H. Keller, USA(Ret) '35

1936

CDR Edwin Malloy, Jr., USN (Ret)

1937

Mr. John Drew Betz '37

1938

Dr. Walter S. DeLany, Jr.

Mr. Harold A. Fisher

Mr. & Mrs. L. Warren Klauer

1947

CDR Frank A. Munroe, USN (Ret)

1949

Mr. Harold E. Slanker & Mrs. Betsey Slanker

Mr. George T. Cromwell, Jr.

Mr. Harold L. Walters, Jr.

1950

RADM Ted Walker, Jr.

LTC Jesse E. Blackwell, USA(Ret)

1951

Mr. Stephens F. Millard

1952

Mr. Nicholas Goldsborough

Anne & Jim Hogg

Mr. Thomas Jerrell "Jerry" Carter Jr.

1954

Mr. Anthony J. Schmidt Jr.

1955

Otis C. Gregg, Jr.

1956

Glendon and Palmer Jones

1960

Mr. Francis D. Wright III

1961

Mr. & Mrs. Bruce C. Burns

Mr. Robert E. Blaney

1962

John B. Hudson, Jr.

Paull H. Phillips

Francis E. Wilson, Jr.

1963

Mr. William A. Winston

Mr. John K. Hopkins

Mr. H. Craig Hubbard

1965

Edwin M. "Ned" Kesmodel & Matthew Gaffney

Judge Richard D. Bennett

1966

H. W. "Budd" Hickey

Craig C. Georgi

1967

CSM William P. Zimmerman IV, (Ret)

1968

Ray MacKown

1969

David Wright & Laury Bershad

1974

Wilson H. Phipps

Liz Mann Carlin

1975

Betty Waters Phipps

1977

Mr. Peter A.S. Pfeiffer

1978

Hon. Steven R. Schuh

1980

Lorraine D. Johnson

1982

Darren Burns

1981

Caroline Benson Tringali

1983

Mrs. Cristina Decker & Mr. Craig Decker

Ms. Alison Mylander Gregory

Ms. Wendy Jones

Mr. Stephen C. Rabbitt

1984

Mr. Michael K. DeStefano & Ms. Amalia A. Driver

1985

Ms. Jessica Hay McCarthy

Mr. Thomas L. Carter III & Mrs. Jennifer L. Carter

1987

Tara Frame Wicker & Richard Wicker

1988

Drew Burns

1990

Amy Stehl Bauer

1991

Andrew Bauer

IMPORTANT INFORMATION

Our Official Name:

Severn School Inc.

Our Address:

201 Water St. Severna Park, MD 21146

Our Organization is:

Registered as a charitable organization in the State of Maryland

Our IRS Status:

501c(3) non-profit organization

Our Federal Tax ID (EIN):

52-0591466

Our Tax Status:

Gifts and bequests are deductible from income tax and estate tax to the full extent of the law.

CONTACT US

Christina Fitch-LookFong

Phone: (410) 647-7701 ext. 2253

Email: c.fitchlookfong@severnschool.com

MY PLANNED GIFT

This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.