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          Tuition covers the basic operating expenses of our school. Donations to The Knights Annual Fund make it possible to do those things "above and beyond" which are critical to TKA's mission and excellence - and are tax-deductible!

          planned giving

          What is Planned Giving?

          Planned Giving is about preparing a gift for the future from which you also receive a financial benefit. Planned gifts, unlike cash donations, are typically made from assets in your estate, which means your disposable income is unaffected. These gifts often require help from your professional advisors as well as some advance planning.

          Bequests

           You can name TKA as the direct beneficiary of specific assets, or a portion of your estate, or of your residual estate after payment of other bequests. Bequests to the school are entirely free from federal estate tax and can, therefore, offer substantial estate tax savings. There is no limit on the amount you can leave to TKA through your will.

          If you wish to include TKA in your will or living trust, please use the following language after stating the nature of the gift:

          TKA, a non-profit corporation organized and existing under the laws of the State of California, with a current address of 562 Britton Ave. Sunnyvale, CA 94085-3841, and a federal tax identification number of 77-0287771.

          There is no limit on the amount you can leave to TKA through a retirement plan beneficiary designation.

          Life Insurance

          You can name the TKA as a beneficiary of a new or existing policy. You can assign TKA as the owner of a no longer needed paid-up or partially paid policy. You may also take out a new policy with TKA as the owner.

          Charitable Gift Annuities

          Charitable Gift Annuities are a simple way to give money to the school, receive a guaranteed income for life and take an immediate tax deduction

          Charitable Trusts

          Charitable Remainder Trust (CRT)

          With the typical charitable remainder trust, long-term appreciated securities are donated to a trust for the ultimate benefit of the school.

          Charitable Lead Trust (CLT)

          With the typical charitable lead trust, donors transfer assets into the trust for the life or lives of individuals or for a term of years with the TKA named as the income beneficiary.

          Real Estate Gifts

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          Retirement Plan Beneficiary

          You can name TKA as a partial or total beneficiary of your Retirement Plan. You can name TKA as a partial or total beneficiary of your Individual Retirement Account (IRA), pension plan, employer retirement plan. This type of gift to TKA is distributed outside of probate and is entirely free of both federal estate tax and income tax. There is no limit on the amount you can leave to TKA through a retirement plan beneficiary designation.

          Endowments

          An Endowment is a long-term investment in the school's future, and is considered "a stretch gift" which is normally larger than a Annual Fund donation, and can be paid over a period of a few years.

          For further information about these and other ways to donate to The King's Academy, contact Josephine Loy, Director of Annual Fund & Alumni Relations at (408) 481-9900 x4245.

          The King’s Academy

          562 N. Britton Avenue, Sunnyvale, California 94085
          Near Fair Oaks Ave. and Hwy 101

          (408) 481-9900

          Contact Us Driving Directions

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