Planned Giving

The Lantern Society

Among Fenn’s most committed and forward-thinking donors are those who provide for the School in their estate plans.  While receiving a bequest distribution is necessarily touched with sadness, we cherish these special gifts which reflect a donor’s deep and enduring love for Fenn.

The Lantern Society recognizes those generous individuals who have included The Fenn School in their estate plans with a bequest or planned gift.

Listed below are a few examples of how to include Fenn in your estate planning. If you are interested in learning more about The Lantern Society, please contact Jill Miller, Director of Advancement, at 978-318-3520.

Bequests 

A bequest is generally understood to be any gift made upon death pursuant to a provision in the donor’s will or revocable living trust instrument.  Bequests have historically been the most important kind of deferred gift, and they have contributed significantly to the building of institutional endowments.  The encouragement of bequests will be one of the highest priorities of Fenn.

Charitable Gift Annuities 

A charitable gift annuity is a contract between Fenn and the individual(s). Fenn agrees to pay the donor(s) a lifetime annuity in return for a gift of cash, securities, or other property.

Charitable Remainder Trusts 

A charitable remainder trust is a separately administered trust established by the donor. It provides for payments to the donor and/or other named beneficiary(ies) either for life or a term of years (not exceeding 20), whereupon the remaining trust assets are distributed to one or more charities.

Charitable Lead Trusts 

A charitable lead trust is a trust in which the income, or “lead” interest, is paid to Fenn for a period of time. When the trust terminates, the remaining principal is given to one or more non-charitable beneficiaries, who could be either the donor or family members.