Establish an endowment fund. For more details on this option, please see the endowment FAQs below. 

Give a blended gift – often, a current donation combined with a gift designed to be executed sometime in the future. 

Name the Plano ISD Education Foundation as a beneficiary from a donor-advised fund or gifts of appreciated stock. 

Name the Plano ISD Education Foundation as a beneficiary of a life insurance policy or retirement plan. 

Include the Plano ISD Education Foundation in your will or living trust. 

A restricted bequest directs assets to a specific purpose. A specific document will be created, specifying your wishes for the fund. This will ensure that your gift will only be used as you have specified.

If you make an unrestricted bequest, the Foundation can use it for programs or initiatives that the Board of Directors has deemed appropriate for the mission of the Foundation and support the greatest need.

An endowed bequest will provide income each year in perpetuity to carry out the designated purpose. This type of fund will have minimum requirements, and only the income will be used. Please see the FAQs below for more details. 

An expendable bequest will be used in their entirety over a specified period of time.

Bequests for unrestricted purpose: I hereby give, devise and bequest $_____________ dollars to the Plano ISD Education Foundation, a 501 (C) (3) organization, located in Plano, Texas at 2700 w. 15th St. Tax ID#75-2481906.  The Foundation may use these funds for general use and purpose.

Contact the Foundation for bequest language for restricted purposes. The Board of Directors and Sr. Executive Director will work closely with your financial planners, attorney etc. to ensure the gift is set up according to your wishes and your legacy will be handled according to your specifications. 

• Unrestricted Funds: support the current greatest needs of Plano ISD 
• Designated Funds: support a specific Plano ISD school, program or other designation. 

These invested gifts are managed to preserve and grow the principal, with only a portion of the annual earnings distributed. This allows the endowment to provide permanent support to the foundation. Endowment donors will receive an annual report noting their fund’s growth in market value, the amount distributed and how those distributions were utilized. All grants given from the endowment are reviewed by the Plano ISD Education Foundation Board of Directors’ Executive Committee and Finance Committee and approved by the executive director.

One-time or recurring donations can be made to one of the foundation’s existing endowments. These permanently endowed funds help provide long-term financial sustainability to the Plano ISD Education Foundation.