Planned giving is the act of making a commitment to give to the Lahainaluna High School Foundation a gift, over time, or at death, as part of your overall estate and financial planning.
Planned gifts can be as simple as a bequest made in a will, or can be more involved, like a charitable gift annuity or charitable remainder trusts. Life insurance products, retirement plans, and financial service products, can all be used to provide gifts to the Foundation, in order to help support our mission.
Planned gifts can be assigned to be used in the same way immediate gifts are; either as unrestricted gifts, whereby the board decides on what projects or programs need the most help, as temporarily restricted gifts, whereby the gift can be designated to any number of destinations, such as a club or sports team. Restricted gifts can be designated to one of our endowments, we have several which are all managed by the Hawaii Community Foundation. The annual distribution from these endowments are used for general operating needs, Friends of the Library, or scholarships.
In 2014, the Foundation received a tremendous gift from a donor's bequest. It is a wonderful legacy for the donor and for us. The only disappointing part is that we didn't know it was coming and so we were unable to express our gratitude.
A planned gift that transforms our organization, or one of our programs is a wonderful way to express your philanthropy. Please let us know if you've included us in your estate planning, or please contact us to discuss how you might begin.