If you have a loved one who has been impacted by Phillips Academy, establishing a memorial or tribute gift is a meaningful way to honor them or celebrate a special occasion, such as a birthday, while supporting our mission. Your memorial or tribute gift will extend the legacy of your loved one and will make a difference.
An Example of How It Works
When Oscar's mother, Ruth, passed away, he knew he wanted to do something that would establish a lasting legacy for her. He remembered that during his mother's lifetime she was always moved by Andover's community outreach programs.
Oscar decided to make a gift to Andover to establish an endowed fund in Ruth's name using appreciated securities. Not only will his mother's legacy live on at Andover by providing annual support for the school’s outreach programs, but Oscar also qualified for a federal income tax charitable deduction and eliminated capital gains tax on the securities.