Many of our donors support Andover Newton through outright gifts of cash or appreciated securities, but there is a growing awareness of another kind of giving that can be a part of your overall financial or estate plan. These planned gifts take the form of bequests, life income plans, real estate and life insurance gifts and are mutually beneficial to the School and the donor. The life income plans, such as Charitable Gift Annuities and Charitable Remainder Trusts, can provide income to the donor (and sometimes a beneficiary) for life or a term of years, and at the end of that time, the remainder will pass to the charity. Besides a lifetime income, there are other benefits to the donor. These include a charitable deduction for income tax purposes, reduced capital gains and estate taxes, and freedom from investment management responsibilities. They can be funded with cash, appreciated securities or closely held stock, mutual funds, retirement funds and real estate. When you make a planned gift or bequest to Andover Newton you will be invited to become a member of our Heritage Society.