Life Insurance Policies - Gifts of Life Insurance can be made through transfer of ownership or beneficiary designation. The donor is responsible for maintaining the value claimed for the donation. If ownership is transferred, any premiums due should be made through Rocky Hill School and will be credited to the donor as an Annual Gift. If premium payments are discontinued, Rocky Hill School will evaluate options for sale or continuation of the policy. (If the policy is a paid-up policy, the value of the gift for Rocky Hill School’s crediting and accounting purposes is the policy’s discontinued face value. If the policy is partially paid-up, the value of the gift for Rocky Hill School’s crediting and accounting purposes is the policy’s cash surrender value.)
Wills and Bequests - Leaving a legacy to the people and charitable institutions you believe in is one of the most important ways to ensure a loved ones continued care and support into the future. If you are interested in including Rocky Hill School in your estate plans with a specific bequest, or other deferred gift, you can be assured that you will be playing an important role in strengthening the School’s endowment, and /or supporting the programs you care about for future generations. An example of a simple bequest form is available for you to review and discuss with your attorney and/or financial advisors. You may also use this form if you would like to share your gift intentions with Rocky Hill School.
Other Deferred Gifts - There are also other ways to plan a deferred gift, such as retirement benefits or a charitable trust that pays you income. To discuss ways to establish a legacy that never stops giving to you, your beneficiaries, and/or Rocky Hill School, please e-mail Beth DeGerlia, Director of Development, or call 401-884-9070, ext.129.