PERSPECTIVES
on estate and gift planning
FOR MEMBERS AND PROSPECTIVE MEMBERS OF THE JOHN BURROUGHS SOCIETY
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PERSPECTIVESon estate and gift planning | |||||
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FOR MEMBERS AND PROSPECTIVE MEMBERS OF THE JOHN BURROUGHS SOCIETY | |||||
At one time or another, most of us have been touched by someone special in our lives. Often it takes years of reflection to fully understand the impact that someone has had on the course of our development. Was there a special friend, a classmate, a teacher, a parent or a grandparent who shaped your life in ways you didn't realize then? Perhaps it was a neighbor, an aunt or a colleague who asked a pivotal question or was there for you during an important time in your life. Did you ever really get a chance to say thank you or to let that person know what he or she means to you?
One of the most gratifying experiences a donor can have is giving a gift in honor or in memory of someone important to them. Burroughs is fortunate to have been asked many times to help families honor individuals and families through memorial gifts, named classrooms, scholarships and special endowment funds. These are lasting tributes to family and friends whose names and legacies will live on with Burroughs.
Alice Neville Seeburg '45 is fortunate to have both her parents memorialized at JBS.
Her father, Mark A. Neville (pictured above), taught English at Burroughs for more than
30 years and is remembered two ways. Members of
the Class of 1946 named an English classroom (room
209) in memory of Dr. Neville. Alice's brother, the late Mark Taylor Neville, was
a member of that class. In 1971, Ben
and Katherine Gladney Wells '36 gave an endowed chair in English in honor of
both Mark Neville and Martin Parry. (To the left is Rebecca Richardson, current
holder of the Neville-Parry Chair in English.) In addition, Dr. Neville's wife, Lucy Taylor Neville,
has been memorialized through an anonymous gift. Plaques for both Mark and Lucy
Neville hang in Room 209, forever memorializing this outstanding English teacher and
his devoted wife.
Burroughs has many ways to help you honor or memorialize someone. In this issue of Perspectives you will find ideas about how you can remember someone important to you and make a difference for the students of tomorrow.
Many people prefer the simplicity of writing a check in honor or memory of a family member, classmate or friend. When you make a memorial or tribute gift to Burroughs, we send a card announcing your thoughtfulness (but not including the amount of your gift) to the honoree, or to the family of the person who is memorialized. If a scholarship or special fund has been established in that person's name, your gift goes to that fund. If no special fund is established, your gift supports the school's memorial scholarship endowment fund. In the Reporter we recognize the person honored or memorialized, and the donor who has made this kind gesture.
Outright gifts are generally deductible in amounts up to 50% of your adjusted gross income (AGI). Gifts of appreciated assets or securities are generally deductible in amounts up to 30% of your AGI. You may benefit from significant tax savings by donating appreciated stock, mutual funds or other securities.
Most of us, given the chance, would like to think that we have made a lasting contribution to a better world. We'd like to leave a legacy that says "I was here... I made a difference ."
Leonard D. and Madeline H. Haertter Chair in Mathematics, John A. "Jack" Acker Faculty Award, Benjamin F. Rassieur Career Center, Ebet Rogers Hayes '59 Faculty Study Grant, Edwin McClellan Johnston Chair in Classics, Beverly Bowen von Wiese '44 Scholarship, Clara R. Fieselmann English Classroom, John D. Levy '35 Fund for Special Projects in History, Mark Neville-Martin Parry Chair in English, Henrietta J. Cornwell Scholarship, Donald O. Schnuck Classroom Wing and Tower Charles K. "Doc" Sibley Chair in Science, Holloway Woods '27 Athletic Area, Robert A. Sortland Chair in American Studies, Marie Ney Scholarship, The Edward W. Cissel Center, Joseph H. Roblee Scholarship, Fred B. Eiseman Science Laboratory, Lt. William T. Costen '81 Scholarship, Elmer F. Hirth Mathematics Classroom....
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| Leonard "Gov" Haertter | Clara Fieselmann |
Charles "Doc" Sibley |
Three of the many faculty members honored at Burroughs
Bequests and other gift plans can be ideal for making a significant gift to Burroughs -- one which can memorialize your own life or the life of someone close to you. By arrangement with the Development Office, you can establish a named scholarship, classroom or other special fund through your will, living trust or life insurance policy.
Nearly thirty years ago, Mrs. Helen F. Bonsack left a bequest to the school
which created and endowed the Little Gallery in memory of her son, Arthur A. Bonsack,
Jr. '31. The Bonsack Gallery now hosts five to six exhibits each year featuring local
and regional artists including painters, sculptors, weavers and photographers.
More recently, Ellen S. Loeffel, MD and Robert G. Loeffel, parents of Dr.
E. Dorinda Loeffel Shelley '58, established a special book acquisition fund for
the Howard A. Stamper Library through a bequest in their will. This fund is
endowed, and the income is used for purchasing new books on an annual basis.
Your estate may benefit if you plan ahead. Giving excess retirement
funds, pension plans, IRAs, bequests and/or life insurance policies may offer excellent
benefits such as eliminating or reducing estate taxes and inheritance taxes.
"I give to John Burroughs School, a non-profit educational institution located at 755 South Price Road, St. Louis, Missouri 63124 and incorporated under the laws of the State of Missouri, the sum of $_____________ (or the following described property or a designated percentage of my estate), to be used for its general educational purposes."
Note: If you would like to discuss designating your bequest as a memorial or tribute, please contact the Development Office for more information.
"Perspectives" is published by John Burroughs School. The ideas and information presented in "Perspectives" are not intended nor should be considered as legal advice. For further details, please call your financial advisor, attorney or tax professional, and then contact Jim Kemp at
John Burroughs School
755 South Price Road
St. Louis, Missouri 63124
314-993-4040, ext. 256
800-264-4045, ext. 256
JBS
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