Your legacy at pba

We invite you to join Pacific Buddhist Academy’s Legacy Society to help ensure the schools success in perpetuity. While annual giving provides the school with momentum to make a difference, Legacy Society members give PBA the gift of long-term financial security. The Director of Advancement is available to work with you and your financial advisor or tax attorney to achieve your philanthropic goals.  

Join today by establishing a planned gift  to PBA. Communicate your arrangements by mailing the letter of intent linked below.

Join Today

What is a Legacy gift?

It is a gift of an asset given after you pass away.

Why have a Legacy Society?

Legacy gifts sometimes go unrecognized because they come at the end of a donor's  life. The  Legacy Society allows  us  to thank donors during their lifetime. You may choose to remain anonymous; however, your recognition can serve as an inspiration to others.

Who should Join?

Anyone can join. This is not just for the wealthy or for seniors. There is no minimum gift required, and no expectation of payment while you are living.

Legacy Society giving options

Whether you intend to provide an endowed scholarship, prepare an unrestricted gift, or plan for the future of a program special to you, the Legacy Society provides opportunities for you to make a profound impact. Below is our guide to common planned gifts. Please consult a financial professional about which options are best for you.

Description

Donor Benefits

 

bequests

Including PBA in your estate allows you to make a substantial gift without needing the income to do so now. You can designate a specific dollar amount, percentage, or the residual of your estate.

Consult our suggested language with a legal professional:

I hereby bequeath (%, $, or all of my residual estate amount) to the Pacific Buddhist Academy, a section 501(c)(3) public charity located at 1754 Lusitana Street, Honolulu, HI 96813, Federal Tax ID #04-3660909, to be used or disposed of as the Pacific Buddhist Academy in its sole discretion deems appropriate. Please contact [email protected] in order to process this request.

  • A charitable bequest is one of the easiest gifts to make
  • A charitable bequest can lower your taxable estate. You may be able to reduce the burden of taxes that your family is obligated to pay
  • Donors have flexibility in terms of structure using language such as "If (primary beneficiary) does not survive me, then I hereby bequeath (%, $, or all of my residual estate amount) to the Pacific Buddhist Academy..."
 

RETIREMENT PLAN BENEFICIARY

Naming PBA as the sole or partial beneficiary of your retirement plans such as your life insurance, IRA, or donor advised fund allows you to leave a legacy using something you already own.

  • Donors who aren't sure how they want to distribute their assets can list a charity as a revocable beneficiary, giving them flexibility if their financial situation changes
 

IRA CHARITABLE ROLLOVER

Make tax-free charitable gifts directly from your Individual Retirement Account. Beginning in the year you turn 70½, you can use your gift to satisfy all or part of your required minimum distribution. You pay no income taxes on your gift. The transfer generates neither taxable income nor a tax deduction.

  • Donors can reduce their annual income level helping to lower Medicare premiums and decrease the amount of Social Security that is subject to tax

Legacy Society gratitude

You play an instrumental role in the success of our school and we are grateful for your altruism and generosity. We want to recognize you as an esteemed Legacy Society member who brings an enduring new level of commitment to PBA.  We are pleased to extend our gratitude with the opportunities listed below.

  • Communicate your arrangements to us by June 30, 2025 to be recognized as a Founding Legacy Society Member throughout our school's publications

  • Invitations to exclusive Legacy Society events

  • An invitation to meet with the Director of Advancement, Head of School, and members of the PBA Board of Trustees to share thoughts on your visions for the school 
  • A framed certificate to acknowledge your generosity

Inquire here to learn more

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