Discover the Benefits of Giving Wisely!

Planned gifts can provide income to Watkinson for years into the future while at the same time providing a benefit to the donor.  

In 1985 Arch and Barbara Woodruff designated Watkinson as the beneficiary of several planned gifts to secure both its short- and long-term financial security, two devoted friends of the school took action.  As the Woodruffs’ investment began to attract the notice and commitment of other donors, inspiring many to include Watkinson in their wills, it became clear that this kind of gift would continue to reverberate, growing stronger every year. The Woodruff Society members are investing in the potential of our students and our school. In great measure, it is the generosity and vision of these people who will help shape Watkinson’s future. By taking the important step of making a will and naming Watkinson as one of your beneficiaries, you can ensure that Watkinson’s uniquely valuable education will be available to generations of future students. 

The example of leadership
If you have made arrangements to leave a gift to Watkinson School in your estate plans or your will, please let us know. We’d like to include your name on the membership plaque on campus (if you wish) and let others know of your generous intentions. The leadership your example provides may encourage others to take the same important step. If you’d like information on the many ways to make an estate gift to the school in your will, contact Kristen Gordon at 860-231-6294 today.

Ways to become a member of the Woodruff Society

List of 7 items.

  • Bequests

    One of the easiest and most common ways for you to make a gift to us is through a bequest in your will. Bequests work particularly well for those who are unable to make an immediate outright gift, but would like to aid Watkinson in the future.
  • Charitable Lead Trusts

    Charitable lead trusts offer a way for you to support our programs and transfer substantial assets to beneficiaries with the potential for significantly lowered gift and estate taxes. Your heirs may actually receive a larger inheritance than they would through an outright bequest or accumulation trust. The school receives an immediate flow of income. With a charitable lead trust, you transfer property--such as real estate, securities, bonds, partnership interests, oil and gas properties, and the like--to a trust. The trust pays an annual amount (a fixed amount or a percentage of the trust principal as revalued annually) to us for a specified period. After this time, the property returns to you or a non-charitable beneficiary--usually a family member in the next or a succeeding generation. The property generally appreciates and is transferred with significantly reduced gift or estate taxes.
  • Charitable Remainder Trusts (Unitrusts and Annuity Trusts)

    A charitable remainder trust is a trust fund established when you transfer assets to a trustee for our benefit. As with other life income plans, you retain an income interest in the property and continue to receive the income from it for as long as you live, for your lifetime and that of another beneficiary, or for a fixed term of up to 20 years. Because we are given a remainder interest, you become eligible for substantial tax benefits. Where a charitable remainder annuity trust provides a fixed amount of income determined at the creation of the trust, the unitrust pays a percentage of the trust assets, as revalued annually.
  • Gift of Other Property/Tangible Personal Property

    This includes such items as works of art, antiques, books, gems and the like. You may, of course, give an item whether or not it has increased in value since you obtained it. Perhaps the greatest tax benefits come, however, when the donated object is what the Internal Revenue Service (IRS) considers long-term capital gain property. This simply means that the asset has appreciated in value and you have held it for a certain length of time. Each gift item must be evaluated on an individual basis to determine whether or not it is related to our tax-exempt mission.
  • Intangible Personal Property

    You may also make gifts of personal property that cannot be seen or touched. Such property includes copyrights, securities (discussed earlier), patents, contracts, promissory notes, royalties, trademarks and the like. Unlike tangible property, intangible personal property does not have to be scrutinized--for income tax purposes--for its relevance t our tax-exempt mission.
  • Life Insurance

    At some time, you may reach a point where life insurance no longer has the financial significance for your family that it once did. In that case, you may wish to make a gift of the policy to us. You may also name us as the beneficiary of your policy. Because the designation is not irrevocable, it cannot be counted for any immediate tax savings. However, at your death, your executor may take a federal estate tax charitable deduction for the entire amount.
  • Real Estate

    Almost any type of real property--a personal residence, a farm, a vacation home, a commercial building, or an undeveloped parcel of land--can be a gift. There are different options to make gifts of real estate (outright and other.) If the property is long-term capital gain property and given outright, you will generally avoid any tax on the gain, reduce your taxable estate by the value of the gift, and receive a charitable contribution deduction for 100 percent of the fair market value of the property.

We're Here to Help

If you have question or would like to discuss the possibility of becoming a member of the Woodruff Society, please contact Kristen Gordon, Director of Annual Fund and Alumni Relations at (860) 231-6294.

Woodruff Society Members

The following individuals have made provisions for Watkinson in their estate plans. Woodruff Society members are invested in the potential of our students and our school. In great measure, it is the generosity and vision of these people who will help shape Watkinson’s future.
 
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Terrence Ahearn ’88
Matt Andersson ’77 
Barbara Barron P’04, ’07 
Beverly and Jim Boyle P’96 
John W. Bracker and Rachel Countryman P’11, ’13
Donald and Dotty Budnick P’03, ’05 
Titus and Karalee Casazza P’92, ’97, ’97 
Phil Conserva ’91 
John Crosson and Christina Mainelli P'17, '20
John and Linda Del Negro P’86, ’95 
Wendie diCorcia ’72 
Alan R. and Carmen D. Dornan P’98 
Robert Dorting ’66 
Renee Letendre Edge ’90 and Christopher Edge
Alan Elstein '63 
Peter and Lisa Fishman P’07, ’12
Caren Foisie P'10, '16
Keith  Garner P’01
Hoyt ’54 and Sally K. Goodrich P’82, ’85
Paul Gossling ’69 
Mark and Bobbie Granato P’07 
Cammie Hart P’91, ’94 
Frederica Hoffman 
David Holdt P’99, ’07
Patricia and Earle Jackson P’05 
Rufus and Laraine Jones P’99
Doug and Cheryl Jourdan P'01, '10, '12
David and Janice Klein P’06
Richard Koza '76 
Wendy Kwalwasser (friend)
Tom Lagan ’77 
John and Marge Langeland (friend) 
Charlotte Lee P’86 
Peter and Penelope Lisi (friend)
Roger and Nadine Letendre P’90, ’91 
Jeff and Marcia Marsted (former faculty) 
Walter and Anne Mayo P’85 
Pam Musk ’81 
Jane Newman
Richard and Joan Palatine P’83, ’85 
Charles and Marilyn Pease P’80 
Jean Peelle (friend) 
Andrew Pinkes ’80 and
       Suzanne Batchelor Pinkes P'17
Rosario and Joanne Raia P’10 
Rod and Janice Reynolds P’96
Belle K. Ribicoff P’74
Jack Riege GP’98 
John Roche and Laura Dake Roche P'13
Jenna Rosario '01
Ronald B. and Judith D. Schlossberg P’91
Joan V. Shaikh P'06, '11
Richard M. and Cyral Sheldon P’01, ’04 
Joshua Stein and Nancy Stone P’09, ’11
Paul D. Tieger P’04, ’07 
Charley Todd (former Head of School) 
Andy Tully (former faculty) and Beth Mooney 
Mark Vollinger ’71 
Magrieta Willard P’95 
Donald K. and Jean N. Wilson P’85, ’88, ’91, ’94,
      ’96; GP’06, ’14 
Sandy Wood P’99, ’07