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Legacy Society

The Legacy Society recognizes those alumni, parents, grandparents, faculty, staff, and friends, who have informed the school of provisions made for Rossman in their estate plans. Planned gifts are a wonderful way to express your support of Rossman and ensure financial security for you and your loved ones, while also allowing Rossman to continue its excellence in education for generations of students. 

How do I join?

  1. Place a call to your lawyer.
  2. Your lawyer will make simple adjustments to your current will or estate plan.
  3. Place a call to Rossman to let us know.
  4. Welcome! You are now a member of the Rossman School Legacy Society!

Already mentioned Rossman in your will?

Thank you! Please let us know so we can include you as a member of our Legacy Society. If you have any questions, please contact Director of Development Cathleen Wyckoff at 314-434-5877, ext. 204.

Giving Options

Bequests

Naming Rossman as a beneficiary of your will can, when properly planned, reduce the rate at which your estate is taxed. You can make a charitable bequest of a specific dollar amount, a percentage of your estate or the remainder of your estate after planning to care for your family and friends.

Charitable Gift Annuity

Charitable gift annuities may be purchased with cash or appreciated securities. Charitable gift annuities provide a fixed life income, and the rate of payment may be relatively higher than can otherwise be obtained. You receive an immediate charitable income tax deduction and may gain relief from tax on capital gain. 

Charitable Lead Trust

This can allow you to pass wealth to your children or grandchildren with minimized or no taxation. A charitable lead trust provides payments to Rossman for a period that you determine. When the trust expires, the principal is returned to you or transferred to your heirs, possibly with significant tax savings.

Charitable Remainder Trust

A charitable remainder trust may be funded with cash or appreciated assets such as securities, real estate or other property. You and other beneficiaries can receive income for life or for a set number of years. You receive an immediate charitable income tax deduction, immediate income and relief from tax on capital gain. When the trust expires, the assets remaining in trust go to support the mission of Rossman School.

Gift of Retirement Assets

A unique and often overlooked way to make a charitable gift is to name Rossman a beneficiary of all or a portion of a retirement plan, such as an IRA, 401(k), 403(b), or other qualified retirement savings plan. Under current tax law, retirement assets that are bequeathed to heirs or individuals other than your spouse are often severely reduced by estate and income taxes. Rossman’s charitable status avoids the heavy taxes your heirs could incur if they receive your retirement assets.

How Planned Gifts Benefit You

Your financial goals will vary over the years. You may need to plan for retirement, provide for older family members, or support your children or grandchildren. You may provide for such goals while making a gift to Rossman. Here are some ways planned gifts can benefit you:

  •     Provide life time income payments for you
        or a loved one
  •     Offer various tax benefits
  •     Offer protection for the funds that you
        have saved
  •     Give you a way to support your own interests
        and Rossman’s students

How Planned Gifts Benefit Rossman School

  •     Secure Rossman’s fiscal health and advance
        strategic goals
  •     Minimize tuition increases
  •     Sustain our exemplary and programs;
  •     Provide excellence in education to current and 
        future generations of students

Legacy Society Members

We greatly appreciate these donors’ commitment. Their gifts will ensure that Rossman continues to provide excellence in education for generations of students.

Dalzell Schuyler Allen (’30)*
Hal C. Ball (’74)
J. Michael Cummings (’61)
David P. (’42) & Carol K. Gast
Ann Sedgwick Kloppenburg (’73)
Carol Lingle Mark (’47)
Mr. (’28) & Mrs. William R. Orthwein, Jr.*
Edith J. Spink*
Mr.* & Mrs. E. Louis Werner, Jr.
Douglas O. Winsby (’72)

* indicates deceased

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