Planned Giving

A Lasting Legacy for the Next Generation: The 1888 Society

Latin's Planned giving Society — The 1888 Society — recognizes the more than 100 individuals who have made the thoughtful decision of including Latin in their estate plans. We are deeply grateful for their commitment to our mission and our future.

Bequests, charitable trusts, gift annuities, and other planned giving arrangements continue to bolster the School’s financial sustainability and have great bearing on every aspect of the work and future of Latin.

Since its founding in 1888, Latin has provided its students with an unparalleled education rooted in excellence and passion. This one-of-a-kind education has only been possible because of the generosity of our donors.

As we look to the future of our school, legacy gifts through your will or trust is one of the best ways to safeguard our school and to support students for years to come.

As cherished parents, alumni, and friends of the Latin community, your values resonate deeply with the School’s mission. Through your generous philanthropy, you have the power to create a profound and lasting impact. Together, we can inspire future generations to dream big.

We invite you to invest in an education that changes lives. Forever.

“My husband and I have chosen to make a future gift and join the 1888 Society because we want to make sure that Latin remains financially strong for generations to come. We see this gift as a way to give back, since so many people helped make it possible for our children to have the world-class education they received at Latin.”
– Angela Dago

Setting up your Planned Gift

If you aren't sure where to begin the process of setting up a planned gift, here are some resources to get you started. We can also give you language if you’re interested in making a residual bequest (the “leftovers” of your estate) or a contingent gift (where Latin only gets the gift if certain circumstances occur.)

Set up a bequest

Bequests are actually simple. Simply fill in the blanks and pass along this language to your attorney to include in your will or living trust.

To Latin School of Chicago, Unrestricted:

“I give to The Latin School of Chicago, an Illinois not-for-profit corporation, Chicago, Illinois, the sum of $_____________________ (or ______________ percent of the remainder of my estate) to be used for the benefit of said School in such manner as the Trustees thereof may direct.”

To Latin School of Chicago for a particular purpose:

“I give to The Latin School of Chicago, an Illinois not-for-profit corporation, Chicago, Illinois, the sum of $______________ (or ______________ percent of the remainder of my estate) to be used by the school for support of __________________________________________.”

(Note: for designations to a particular purpose, please contact the School in advance to make certain your intentions can be honored.)

To establish an Endowed Fund

This example establishes a financial aid scholarship fund; but the same general format may be used to establish other endowed funds—for academic programs, teacher chairs, athletics, etc.

“I give to The Latin School of Chicago, an Illinois not-for-profit corporation, Chicago, Illinois, the sum of

$_______________ (or ______________ percent of the remainder of my estate) to establish a permanently endowed scholarship fund to be known as the ________________________ Scholarship Fund (could be any name you chose; the minimum amount for an endowed scholarship is $500,000). Income from this Fund, as determined under applicable The Latin School of Chicago policy, shall be used to provide financial aid for students at the School. ”

Your Membership

There are many ways in which your generosity can sustain Latin. We are here to help you design a gift that suits your philanthropic and financial goals—during your lifetime and after.

Some of your gift options include:

Making a gift to Latin in your will or trust
Establishing a charitable gift annuity or charitable remainder trust – gifts that provide lifetime payments
Designating the School as a beneficiary of your retirement plan assets, such as an IRA, 401(K) or 403(b)
Making a gift of life insurance or real estate
Designating Latin as a beneficiary of a bank account

Keep us in the loop!

We encourage you to contact us if you choose to make a bequest to Latin.

Get in touch!

If you believe in Latin’s mission and want to leave a lasting legacy for the next generation, please contact us. We would be delighted to collaborate with you and your advisor(s) to identify a gift that aligns with your circumstances and interests.

Contact

Latin School of Chicago
Development Office giving@latinschool.org
312.582.6040

A coeducational day school serving students JK-12

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