The Hillyer Society was created to recognize the generosity of donors who have included Calvert School in their estate plans. We invite you to become a part of the legacy established by Virgil M. Hillyer, Calvert's first Head Master, over 100 years ago.
While the most common donations Calvert receives are outright gifts of cash or securities that can be put to use immediately, there are times when donors prefer to conserve their assets to protect future financial needs. Calvert has excellent gift opportunities, known as planned gifts, which allow donors to make gifts to the School while retaining their assets or receiving income during their lifetime.
The simplest way to remember Calvert School in your estate plans is to include the School in your will. This can be done by simply adding the following paragraph to your will: I give, devise, and bequeath to Calvert School of Baltimore, Maryland, the sum of $_____ (or a percentage or a description of the specific asset), for the benefit of Calvert School and its general purposes.
A bequest can allow for an unrestricted gift, which allows Calvert to use the gift where the School feels that it is needed the most. Or, through your bequest, you can restrict your gift to be used for a specific purpose such as financial aid, faculty development or student programs. You may also do a combination of both unrestricted & restricted giving should you wish to only earmark a portion of your gift to be used for a specific purpose.
Charitable gift annuities allow you to make a gift of cash or property to Calvert School in exchange for fixed payments for your (or your beneficiary's) lifetime and a charitable tax deduction. This gift, which is secured by the assets of Calvert School, can provide income to supplement your retirement funds. Payments on your gift can begin as soon as you make your contribution or they may begin at a later date determined by you (a deferred gift annuity).
Charitable remainder trusts allow you to put a gift of cash or property into a trust that pays you income during your lifetime (or a fixed period of time up to 20 years). After your death, the trust is dissolved and the gift is given to Calvert School. In addition to the supplemental income during your lifetime, you also receive a charitable tax deduction in the year the trust is created. Additionally, capital gains are not incurred if the trust is created with appreciated securities.
You may also consider naming Calvert School as a beneficiary of your life insurance, IRA, 401K, or other retirement plans. You will receive a charitable tax deduction for the cash value of the plan/policy and Calvert School will receive the future proceeds from the policy.
Dr. & Mrs. Aristides C. Alevizatos The Estate of Mrs. Sara Hundley Bartlett ’37* Mrs. Geneva J. Boone* Mrs. Anne Kinsolving Brown ’18* Mrs. Caroline Lovelace Brown ’31* Mr. Wm. Polk Carey ’42 Mr. & Mrs. David S. Clapp ’81 Mr. & Mrs. Harvey R. Clapp III ’51 Mrs. Ann W. Dahl Mr. & Mrs. Richard B. Fulton, Jr. Miss Eliza C. Funk ’18* Mr. William M. Gardner, Jr. ’43 Mr. J. McHenry Gillet ’40* Mr. & Mrs. Curran W. Harvey, Jr. ’41 Mr. & Mrs. E. Robert Kent, Jr. Mr. & Mrs. Timothy L. Krongard ’76 Mr. & Mrs. Scott J. Liotta (Katherine Cole ’79) Mr. Clarence S. Lovelace ’34 Mr. & Mrs. John A. Luetkemeyer, Jr. ’53 Dr. & Mrs. Andrew D. Martire ’83 Mr. Albert H. Michaels, Jr. ’51 Mr. & Mrs. Decatur H. Miller ’44 Mrs. Elizabeth Schmeisser Nelson ’33* Mr. Richard F. Ober ’27 Mr. & Mrs. Francis G. Riggs ’51 Mrs. Marjory Bartlett Sanger ’32* Mrs. Virginia M. Schmidt Mrs. Katherine Van Sant Spalding ’39* Mr. & Mrs. Roger D. Stone (Florence Smith ’50) Mr. & Mrs. Charles L. Stout ’43* Mr. John L. Swope III ’51* Mrs. Elizabeth Slack Tibbits ’46* Mr. & Mrs. Michael M. Tinati Mrs. Barbara Miller Tompkins* Mrs. Jean Taliaferro Wagner ’47 Mrs. Gracia G. Whitridge* Mr. & Mrs. Bruce P. Wilson (Laura Meacham ’34*) Mr. & Mrs. Matthew W. Wyskiel III ’81
There are many other ways to remember Calvert School in your estate plans. For more information on these or other options, please contact: