From the Heart and the Head

calendarPlease consider supporting Groton this year. Each gift helps the School achieve its mission, to inspire lives of character, learning, leadership, and service, and helps bring that mission to more students. But there are practical reasons to give, too, and reasons to give now.

For those who file U.S. taxes, making a gift before December 31 may reduce your tax burden. If you make your gift with appreciated stocks, your tax advantage grows even further: you not only write off the entire current market value of the gift, you avoid paying capital gains taxes on the stock’s growth. When the market is strong, donors also may wish to lock in gains by using some appreciated stocks to create a Charitable Gift Annuity or Deferred Gift Annuity. This type of gift provides a secure, predictable income stream to you in retirement, and an immediate tax deduction for a portion of your gift.

For more information, please visit Groton’s web page on planned giving.

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