Capital & Endowment Giving
In addition to its annual giving programs, the Academy also seeks and receives gifts in support of specific capital projects, as well as gifts that help build its endowed funds. The Academy's endowment (approximately $35 million at June 30, 2011) is like a family's savings account. These funds are invested conservatively and annual income from the portfolio supports the operating budget.
The Southworth Society was created to recognize individuals who include Thayer Academy in their estate plan. These gifts range from simple bequests to planned gifts, structured according to the donor's individual needs and made during their lifetime, so they can see the benefits of their generosity to the Academy.
Charitable Gift Annuity
The charitable gift annuity is one of the oldest, simplest, and most popular planned giving vehicles. In return for a contribution to Thayer Academy, the donor receives a fixed income stream for life. Charitable gift annuities are easy for the donor to make and simple for Thayer to administer. In most cases, these gifts are established by a contribution of either cash or appreciated securities, and are documented with a single page agreement signed by an authorized representative of the school. Annuity payments are a direct obligation of Thayer Academy, unrelated to the investment performance of the endownment or any of its specific assets.
If you would like to discuss these opportunites in more detail, please contact Melissa Tuthill Forger '92, Director of Development (firstname.lastname@example.org / 781.380.0500).