Planned Giving

By making a planned or deferred gift you can create a legacy that lasts for generations.

Planned gifts offer numerous benefits that not only strengthen Far Hills Country Day School but also provide significant advantages to you and your family.

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Support Far Hills Country Day School

Sustainability: Your planned gift ensures the long-term sustainability of our school, allowing us to continue providing excellent education and enriching experiences for future generations.
Growth: Contributions from planned gifts can fund new programs, scholarships, and facilities, enhancing the educational environment for our students.
Impact: Your legacy can have a lasting impact, fostering the development of well-rounded, compassionate, and knowledgeable individuals who will make a difference in the world.

Financial Benefits for You and Your Family

Income for life

Certain planned giving options, such as charitable gift annuities or charitable remainder trusts, provide you with a steady income stream for life, often at a higher rate than traditional investments.

Estate Planning

Establishing a charitable trust can facilitate the tax-free transfer of assets to your heirs, reducing the tax burden on your estate and ensuring that your family retains more of their inheritance.

Tax Benefits

Planned gifts can offer substantial tax benefits. For instance, donating appreciated securities can help you avoid capital gains tax, while gifts of real estate may provide significant tax deductions.

Reduced Tax Liability

Planned gifts can help reduce your overall tax liability, allowing you to maximize the value of your estate for your beneficiaries.

Flexibility and Peace of Mind

Customization: Planned giving offers flexibility to tailor your gift to align with your financial goals and philanthropic vision. Whether through bequests, charitable trusts, or other vehicles, you can structure your gift in a way that suits your needs.
Legacy of Values: By including Far Hills Country Day School in your estate plans, you leave a legacy that reflects your values and commitment to education and community. This can inspire future generations to continue your philanthropic spirit.
Peace of Mind: Knowing that your planned gift is making a positive impact on the school and its students can provide you with a sense of fulfillment and peace of mind.

Bequests

Bequests can be complex and very specific language is necessary to ensure that your intentions are carried out correctly. Click below for sample language; you may also want to consult Far Hills and/or your legal council for assistance.

Bequests - General Purpose Language

Bequests - General Purposes Endowed Fund

I give and bequeath to Far Hills Country Day School, a New Jersey not-for-profit corporation, the sum of ____________ dollars (or all the rest, residue, remaining estate) to create an endowed fund (the “Fund”). The income from this fund shall be used for the general purposes of the School at the discretion of the Board of Trustees.

Far Hills Country Day School is hereby authorized to commingle this Fund, and any additions thereto with the general investment funds of the School, provided only that this Fund receives its credited pro rata share of net investment income in the same manner as the other pooled funds are credited with income.

If, as a result of changed conditions in the future, the income from the Fund shall not be needed for the original purpose(s) set forth above, then the School is authorized to redirect the income for such other purposes as nearly as possible akin to the original purpose as in its judgment will help advance the school’s mission and serve as a memorial to (name).

Bequests - Restricted Purpose

IMPORTANT NOTE: If you are interested in exploring restricting your gift, please contact the Office of Alumni and Development to be sure your intentions can be implemented within the Far Hills guidelines for accepting restricted gifts. For example, some restricted gifts require a minimum gift amount.

I give and bequeath to Far Hills Country Day School, a New Jersey not-for-profit corporation, the sum of __________ (or description of asset) for the following purpose: (state purpose). If at any time in the judgment of the Trustees of Far Hills Country Day School it is impossible or impracticable to carry out exactly the designated purpose, they shall determine an alternative purpose closest to the designated purpose.

The Mt. Kemble Society

The Mt. Kemble Society is Far Hills Country Day School’s program for honoring and thanking alumni and friends of Far Hills who have arranged a bequest or planned gift for the school. Anyone who notifies Far Hills that the school has been named as a beneficiary through his or her estate, or through a planned gift during his or her lifetime, is automatically enrolled as a member of the Society.

Founded in 2000, the Mt. Kemble Society honors the original name and founders of the school. Far Hills Country Day School was founded in 1929 as the Mt. Kemble School, located in Morristown, New Jersey enrolling a first class of six kindergarten children. As enrollment increased, the School moved to Bernardsville, and then to Far Hills and the Page House, a building still used by the school today. In 1944, the name of the School was changed from the Mt. Kemble School to Far Hills Country Day School.

Current members of the Mt. Kemble Society: *Deceased

Mr. Duncan S. Ellworth, Jr.*, Ms. Jayne Geiger, Mrs. Brooke Hollister Jellison, Mr. Frederick C. Mueller, Mr. L. Keith Reed, Mr. and Mrs. Paul D. Rust*, Mrs. Abbey Starr, Mr. Louis Starr*, Mr. Lambert F. Whetstone*, Mrs. Christine T. Whitman

By planning your gift, you can make a meaningful contribution to Far Hills Country Day School while also reaping significant personal and financial benefits. Your generosity will ensure that our school continues to thrive, nurturing and educating future leaders. For more information please contact Tom Evans, Director of Development at 908-766-0622 EXT 1424.

Keep Exploring

Ways to Give

Explore all the ways you can support Far Hills Country Day School

Far Hills Country Day School Teachers Engaging with one another

Philanthropy in Action

A cornerstone of Far Hills, see our philanthropy in action

A generous donor raises her paddle during a recent Far Hills Gala

Alumni

Learn more about our alumni and alumni programming

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