Frequently Asked Questions

• Can I create income with my gift?

  Yes! Choate Rosemary Hall has many plans for Gifts That Pay You Income. You can also provide income for a child, a grandchild, a parent, or a friend. That income can increase cash flow now and/or during retirement, pay for a college education, provide income for aging parents, or perhaps assist a loved one with special needs. You can also provide income to Choate Rosemary Hall by using a Charitable Lead Trust.

• I am unable to make a current gift, but I'd still like to support the School in the future. Any ideas?

  An easy and low-cost way to make a gift to Choate Rosemary Hall is to include the School in your will or revocable trust. Gifts by Will are a major source of endowment support for Choate. Each individual legacy contributes to our financial strength and ability to meet the needs of our students and their families. If you have not already done so, please consider putting Choate Rosemary Hall in your will or revocable trust. See our Bequest Language page for samples of how to do this. You can also designate Choate Rosemary Hall the beneficiary of Life Insurance, annuities, or Retirement-Plan Benefits.

• What asset should I use to make my gift?

  While cash or a check is a simple way to make a gift, you might want to consider the following:

  Gift Type	Possible Benefits
  Cash	Current income-tax deduction Generate income
  Appreciated securities, such as stocks, bonds, or mutual funds	Elimination or reduction of capital-gain tax Current income-tax deduction Generate income
  Make Choate Rosemary Hall the owner and beneficiary of life insurance or annuities	Income- and estate-tax savings

• Can I direct how Choate Rosemary Hall will use my gift?

  Most often the answer to this is “yes”!! Many donors direct that their gifts be used to fund programs, support specific departments, or remember a loved one. Please be sure to discuss this when you make your gift.

• How will Choate Rosemary Hall recognize my gift?

  As a donor who thoughtfully includes the School in your estate plan, you will become a permanent member of the Mary Atwater and William Gardner Choate Society . Of course, we will also honor any requests for gifts to be anonymous.

• Why should I consider a gift to Choate Rosemary Hall?

  Gifts are made for many different reasons. Often gifts are made:

  • To express gratitude for the education you received.
  • To honor a loved one.
  • To ensure Choate Rosemary Hall will remain a vibrant and strong place for today’s future students.
  • To help the School provide the very best education to our students, regardless of their finances.
  • To celebrate a special occasion.

Please contact the Gift Planning Office for more information.