Planned Giving

What is a Planned Gift? 

It is a simple and affordable way to make an impact. You can designate the Putnam City Schools Foundation as a beneficiary of a retirement, investment or bank account, as well as your life insurance policy. With a planned gift, you can support the causes you care about, continue to use your account as long as needed, simplify your planning and avoid expensive legal fees. Examples of planned gifts include: 

Wills
Revocable Living Trusts
Charitable Remainder Unitrust
Charitable Remainder Annuity Trusts
Charitable Gift Annuities

Who can help me set up a Planned Gift? 

To make your gift, contact the financial adviser who helps you with your retirement account or insurance policy. You may also contact the Oklahoma City Community Foundation at 405-235-5603 or visit their website here for additional planned giving information. If you do not have a financial adviser, or have questions about where to find one, you may contact the Putnam City Schools Foundation at 405-495-5200, ext. 1205. 

Questions for Your Financial Adviser

Is there a way to guarantee an income for me and give something to Putnam City Schools Foundation? 

Can I make changes to the gift if my circumstances change? 

What tax advantages can I reap by making a gift during my lifetime? 

Am I too young to consider a planned gift? 

Am I too old to consider a planned gift?

Sample Bequest Language

1. Bequest of a specific dollar amount
"I hereby give, devise and bequeath [dollars] to Putnam City Schools Foundation, a non-profit organization located at 5401 N.W. 40th Street, Oklahoma City, OK 73122, Federal Tax ID: 73-1309115, for Putnam City Schools Foundation's general use and purposes." 

2. Bequest of specific personal property
"I hereby give, devise and bequeath [description of property] to Putnam City Schools Foundation, a non-profit organization located at 5401 N.W. 40th Street, Oklahoma City, OK 73122, Federal Tax ID: 73-1309115, for Putnam City Schools Foundation's general use and purposes."

3. Bequest of specific real estate
"I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at [address or description of property] to Putnam City Schools Foundation, a non-profit organization located at 5401 N.W. 40th Street, Oklahoma City, OK 73122, Federal Tax ID: 73-1309115, for Putnam City Schools Foundation's general use and purposes."

4. Bequest of percentage of an estate
"I hereby give, devise and bequeath [percentage of your estate] to Putnam City Schools Foundation, a non-profit organization located at 5401 N.W. 40th Street, Oklahoma City, OK 73122, Federal Tax ID: 73-1309115, for Putnam City Schools Foundation's general use and purposes."