Funding the Future of Woodworking
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Planned Giving

Through planned giving, you can make a significant contribution to the Friends of the Florida School of Woodwork, Inc. without compromising your current financial position. Some planned gifts can provide you with additional income. Many reduce your taxes. The greatest benefit, however, is knowing that you have strengthened the school’s ability to transmit the passion for craftsmanship to future generations.

Gifts that Ensure the School’s Future Bequests

You can leave a specific gift or a portion of your estate to the Friends of the Florida School of Woodwork in your will. In some cases, your estate could receive a reduction in federal and state income taxes.

Life Insurance
If you no longer have a need for the benefits, you can contribute your life insurance policy simply by naming the Friends of the Florida School of Woodwork as its owner, beneficiary, and/or partial beneficiary.

Retirement Plan
By naming the Friends of the Florida School of Woodwork as a beneficiary of your retirement plan you may eliminate double taxation, where both income and estate taxes would be levied on retirement plan assets left to your heirs. 

Gifts that Pay You Income

Charitable Remainder Trust
With a CRT you can place cash or property in a trust that benefits you and/or another person for life and receive immediate income tax benefits. After the deaths of all beneficiaries, the remaining principal is transferred to the Friends of the Florida School of Woodwork.

Charitable Lead Trust
Through a CLT you can place cash or property into a trust that benefits the Friends of the Florida School of Woodwork for a specific number of years. Once this period ends, the assets held by the trust are transferred to individuals whom you’ve named. In some cases you receive a substantial reduction in federal gift and estate taxes.

Real Estate and Appreciated Securities
Gifts of real estate or securities that have appreciated in value can provide you with significant tax advantages. You may be able to take a charitable income tax deduction for the full value of the gift and eliminate capital gains tax on the sale of the asset.


In making a planned gift, you can also decide how you would like to see it used on behalf of the school. Should it become an endowment that provides income to the school in perpetuity? Should it be spent outright to improve a particular program or facility? Or would you prefer to have the Board of Directors determine how your gift can best serve the school’s interests at the time it is received? Specific areas you might choose to support through endowment include:

Your investment in the Grant Fund will enable talented individuals, who could not otherwise afford tuition, to engage in life-changing, educational experiences.

Faculty Development
Your generosity to the Faculty fund will strengthen the school’s greatest resource—its ability to attract exceptional professional woodworkers from around the globe to its faculty.    

Your contribution to the Maintenance fund will keep our building and equipment in top-notch condition for future generations of students and instructors.  

To discuss a planned gift, we encourage you to contact Carl Johnson (