Leave a Lasting Legacy

Choosing to include Harding Charter Prep in your will or revocable trust signifies a commitment to our mission and a desire to make a meaningful impact on the lives of students for generations to come. Your foresight and generosity can pave the way for future success and help us continue providing exceptional educational opportunities.

Why Consider a Bequest?

A bequest to Harding Charter Prep is more than just a financial decision; it's a personal statement of your values and your hope for the future. Consider the benefits:

• Ease of Arrangement: Setting up a bequest is straightforward. With the help of your financial advisor or estate planner, you can include language in your will or trust specifying a gift be made to Harding Charter Prep as part of your estate plan.

• Flexibility and Control: Your assets remain in your control during your lifetime. You can bequeath a specific amount, a percentage of your estate, or a particular asset. You can also specify how you would like us to use your gift.

• Peace of Mind: Knowing that your gift will support future generations without affecting your finances during your lifetime can provide significant peace of mind. You can continue to live your life knowing you have planned for a lasting legacy.

• Adaptability: As your circumstances change, your bequest can be modified. Adjusting your will or trust is an easy way to ensure that your charitable intentions are met, even if your situation changes.

How to Proceed

1. Consult with Your Estate Planner or Attorney: Talk to your legal advisor about how to structure a bequest to Harding Charter Prep. They can help you understand the options and how they benefit both you and the school.

2. Decide on the Type and Amount of Your Gift: You can choose to leave a specific dollar amount, a percentage of your estate, or a specific asset. You can also designate your gift for general use or for a specific purpose that aligns with your interests.

3. Communicate Your Plans: Let us know of your intentions. This allows us to thank you and recognize you as part of our legacy society. It also helps us plan for the future.

Join Our Legacy Society

When you make a planned gift to Harding Charter Prep, you become a member of our Legacy Society, a group of forward-thinking supporters who have made a commitment to the future. Members receive special updates, invitations to events, and recognition in our publications, unless anonymity is preferred.

For more information about making a bequest or to discuss how your gift can be used, please contact our district office at (405)767-3003 ext. 803. We are grateful for your interest in supporting Harding Charter Prep and would be pleased to assist you in making your lasting mark on our community.

Make a Transformative Impact with a Residual Gift

Leaving a residual gift to Harding Charter Prep in your will or trust is a profound way to ensure your legacy of support continues, influencing the lives of students and shaping the future of education long after your lifetime. By choosing to leave a residual gift, you help us sustain and expand our mission-driven programs, making a lasting difference.

Understanding Residual Gifts

A residual gift involves allocating the remainder or a portion of your estate to Harding Charter Prep after other bequests, debts, and taxes have been fulfilled. This type of gift ensures that your loved ones are cared for first, with the residual amount then directed to support our cause.

Benefits of Residual Gifts

• Maximize Impact: As your estate is settled, residual gifts allow you to leave what is left after ensuring your family’s needs are met, potentially offering a larger contribution than might have been possible during your lifetime.
• Flexibility: You retain full use of your assets during your life. Your commitment does not affect your current financial situation or lifestyle but has a lasting impact on future generations.
• Adaptable to Changes: Life circumstances change, and so can your estate plans. A residual gift can be updated or modified to meet your changing needs and intentions.
• Tax Benefits: Your estate may receive a reduction in federal estate taxes by leaving a charitable gift.

Steps to Include a Residual Gift in Your Estate Plan

1. Consult Your Legal or Financial Advisor: Discuss how to include a residual gift to Harding Charter Prep in your will or trust. Your advisor can help ensure that your wishes are accurately documented.
2. Determine Your Gift’s Purpose: You can designate your residual gift to be used where the need is greatest or to support a specific program that matters most to you.
3. Inform Us of Your Decision: Sharing your intentions allows us to thank you and recognize you as part of our Legacy Society, which honors our most visionary supporters.

Join Our Legacy Society

Individuals who include Harding Charter Prep in their estate plans are invited to join our Legacy Society. This group of esteemed supporters receives exclusive updates, special recognitions, and invitations to events, reflecting our gratitude for your commitment to the future.

For further assistance or to discuss your legacy intentions, please contact our district office at (405)767-3003 ext. 803. We are here to help you achieve your philanthropic goals while ensuring your legacy endures through transformative educational experiences at Harding Charter Prep.

Support Our Mission with a Specific Gift

Naming Harding Charter Prep as a beneficiary of a specific amount or asset from your estate is a straightforward yet impactful way to contribute to our future. Your specific gift can provide essential support for our ongoing programs or can be directed towards a particular area of your interest within our school community.

Making a Specific Gift

A specific gift involves naming Harding Charter Prep as the beneficiary of a predetermined amount of money or a designated asset (such as stocks, bonds, or real estate) in your will or trust. This type of donation is one of the simplest forms of planned giving and can be made as follows:

Sample Language for Your Will or Trust: "I give and devise to Harding Charter Prep, located in Oklahoma City, OK, the sum of $________ (or describe the asset), to be used for its general support (or for the support of a specific fund or program)."

Benefits of Making a Specific Gift

• Simplicity: Adding a specific gift to your will or trust can usually be done with a simple amendment called a codicil; you don’t necessarily have to rewrite your current documents.
• Flexibility: You can specify the amount or asset that you feel comfortable donating, knowing that it will significantly benefit the school without impacting your finances during your lifetime.
• Tax Benefits: Specific gifts may reduce the amount of estate taxes your heirs might have to pay.
• Honor or Memorialize: A specific gift can be a meaningful way to honor or memorialize a loved one, linking their legacy or your own with the ongoing success of our students.

How to Proceed

1. Consult with Your Attorney or Financial Advisor: Discuss your desire to include a specific gift to Harding Charter Prep in your estate planning. They can help ensure that your gift is properly documented and fulfills your intentions.
2. Decide on the Purpose of Your Gift: You can direct your gift where it is needed most or to a particular program that aligns with your passions, such as scholarships, arts, or athletics.
3. Notify Us of Your Plans: Informing us about your decision allows us to express our gratitude and recognize you within our Legacy Society, unless you prefer to remain anonymous.

Join Our Legacy Society

By including a specific gift in your estate plan, you join a group of visionary supporters in our Legacy Society. Members receive special updates, recognition in our publications, and invitations to exclusive events, celebrating their commitment to the future of education at Harding Charter Prep.

For more information or to discuss the impact of your gift, please contact our district office at (405)767-3003 ext. 803. We appreciate your interest in supporting Harding Charter Prep and are here to assist you in leaving a lasting legacy that transforms lives.

Naming Harding Charter Prep as a Contingent Beneficiary

You can name Harding Charter Prep as a contingent beneficiary in your will or trust to ensure your legacy supports our mission, even if your primary bequests cannot be fulfilled. This means if your initially named beneficiary is not able to receive your gift, Harding Charter Prep will benefit, ensuring your generosity will still make a significant impact.

Sample Language for Your Will or Trust

"If [insert name] is not living at the time of my demise, I give and devise to Harding Charter Prep, located in Oklahoma City, OK, the sum of $_______ (or all or a percentage of the residue of my estate), to be used for its general support (or for the support of a specific fund or program)."

Why Consider Harding Charter Prep as a Contingent Beneficiary?

• Security: Ensures that your assets will be used meaningfully, supporting educational excellence in the event your primary beneficiaries are unable to accept your gift.
• Flexibility: Allows you to specify how your gift will be used, whether for general support to enhance various programs or directed towards a specific initiative that aligns with your values.
• Ease of Arrangement: Adding Harding Charter Prep as a contingent beneficiary can be easily arranged with an amendment to your will or trust, typically without needing to rewrite existing documents.
• Tax Benefits: Your estate may benefit from tax deductions based on the charitable nature of the bequest.

How to Proceed

1. Consult with Your Legal Advisor: Talk to your attorney about how to incorporate Harding Charter Prep as a contingent beneficiary in your estate planning. They can provide guidance to ensure your wishes are legally sound and effectively carried out.
2. Define the Purpose of Your Gift: Decide whether your gift should support a broad area of need or a specific program within Harding Charter Prep. This helps us utilize your gift according to your wishes.
3. Inform Us of Your Decision: Let us know about your plans to include us as a contingent beneficiary. This allows us to recognize and thank you for your future support, and it helps us plan for the long-term impact of your generosity.

Join Our Legacy Society

Naming Harding Charter Prep as a Beneficiary of Your Retirement Plan

Consider naming Harding Charter Prep as a beneficiary of your IRA or other qualified retirement benefits. This thoughtful approach allows you to achieve a charitable goal while potentially realizing significant tax advantages.

Why Name Harding Charter Prep as Your Beneficiary?

• Tax Efficiency: Assets in retirement accounts can be heavily taxed when passed to heirs, but by naming Harding Charter Prep as a beneficiary, the full value of the asset is transferred directly to our school, free of both estate and income taxes.
• Control: You maintain complete control over your retirement assets while you are alive. The designation only affects the asset after your passing, ensuring that your current financial security is not impacted.
• Ease of Process: Changing the beneficiary of your retirement plan is straightforward. Typically, it involves filling out a simple form provided by your plan administrator, with no need for attorney fees.

How to Make the Change

1. Request a Change-of-Beneficiary Form: Contact your plan administrator to request the necessary form to change the beneficiary of your retirement account.
2. Complete the Form: Indicate Harding Charter Prep as the beneficiary of a specified portion or the entirety of your retirement plan assets. You can choose to leave a specific amount or a percentage.
3. Return the Form: Once completed, return the form to your plan administrator to ensure your wishes are on record.
4. Notify Us: Inform Harding Charter Prep of your decision. This allows us to thank you and recognize your generous commitment to our mission. We can also provide you with any specific language you might need for your beneficiary designation.

Consult Your Tax Advisor

It is important to consult with your tax advisor to understand the specific tax benefits of making a gift from your retirement plan. They can help you evaluate how this decision fits into your overall financial and estate planning.

Join Our Legacy Society

By naming Harding Charter Prep as a beneficiary of your retirement plan, you become eligible for membership in our Legacy Society. This group honors and recognizes visionary supporters who have made commitments to ensure the future success of our students. As a member, you will receive updates on our progress, invitations to special events, and recognition in our publications.

For more information or assistance with your beneficiary designation, please contact our district office at (405)767-3003 ext. 803. We are here to help you with the process and to answer any questions you may have about supporting Harding Charter Prep in this meaningful way.

Harding Charter Preparatory School District's Legacy Society has been established to recognize individuals and families who have made or have provisions for future gifts to our schools. By becoming a member of this society, you are serving as an inspiration for others to make similar gifts to uphold the tradition of a rigorous, college preparatory education that began more than two decades ago in the heart of Oklahoma City.