The Charles Keller III Society is named in honor of Charles Keller III ’53, who made the largest planned gift to Newman. This recognition society honors alumni, parents, grandparents, former parents and friends of Newman who have expressed their commitment to the mission of the School by naming the School as a beneficiary of a planned gift. Gifts to the Charles Keller III Society ensure that future generations will benefit from the Newman educational experience. Donors will also be able to continue their legacy of giving.
Making a charitable bequest may allow you to support Newman more significantly than you could during your lifetime. By making a gift in your will, either with a specific dollar amount, a percentage of your estate, or specific assets, you can shape the future of Newman by passing on a legacy to future generations. Moreover, your gift to Newman is free of federal estate tax, as well as inheritance tax in most states.
Other planned gifts may offer both immediate and future tax advantages while supporting Newman. There are several ways to structure a charitable trust which will provide income to you or your designee for life, or which will provide income to the School while you retain ownership. You may choose to name Newman as the beneficiary of an Individual Retirement Plan, and the funds will usually pass to Newman outside of probate and free of all taxes. A gift of life insurance affords you the opportunity to leverage premium payments into a substantial gift to the School. If you have already provided for Newman in your will or estate plans and would like to be recognized as a member of the Charles Keller III Society, or should you wish to be an unpublished or anonymous member, or if you are interested in learning more about these options, please contact Mary Hoffman, Director of Advancement, at 504.896.6425 or MaryHoffman@newmanschool.org
for more information.