By endowing a scholarship, you can create a lasting legacy for students. By endowing a scholarship, you can accomplish this, see immediate benefits of your gifts, and take an income tax deduction.
A scholarship of $25,000 with a 5% rate of return will provide $1,250 per year to the fund. You may add to it over time. If you make a cash gift during life, usually, you can take a charitable deduction of up to 50% of your adjusted gross income, each year that you give.
When you endow a scholarship now, we can thank you for it and you can see your gift in action. You may name the scholarship, meet the students, faculty and create specific guidelines. (Ex: need based; merit based)
A donation to Briarwood, which we invest along with our other endowments, each year a portion of the income from the invested money will be used to support our mission in your honor.
1. Contact Linda Peters by phone (832) 775-9556, or email firstname.lastname@example.org
2. Seek the advice of your financial or legal advisor
3. If you include Briarwood in your plans, please use our legal name and Federal Tax IN number.
Legal Name: The Briarwood School
Address: 12207 Whittington Drive. Houston, TX. 77077
Federal Tax ID Number: 81-4638450
“The greatest gift is the knowledge that you’ve made a difference for students now and in the future. Scholarship endowments create a gift that will last a lifetime.”