Mackintosh Academy is celebrating over 40 years of serving gifted learners. By contributing to an endowment your gift is preserved in perpetuity. In this way you are helping to ensure that future Mack students will have the same opportunity as today’s students to discover who they are and gain the skills they need to build their place in the world.

A planned gift may offer you a major opportunity to minimize federal and state taxes. Legacy gifts are popular estate-planning tools, as they offer a wide degree of flexibility and favorable tax benefits.

NO GIFT IS TOO SMALL. Almost anyone, regardless of means, can make a planned gift that will support Mackintosh Academy- Boulder into the future. Here are some ways you can maximize your impact:

• Gift in your will or revocable living trust
• Future gift of a life insurance policy
• Future gift of retirement plan assets
• Beneficiary of an IRA required minimum distribution
• Future gift of your savings account or CD

Why does Mack Boulder need contributions in addition to the tuition and fees

As with all independent schools, tuition alone does not over the total cost of education each student. Each year Mack Boulder asks for contributions from our community toward the annual fund to help close the gap between net tuition yield and operating expenses. As our program and people have grown, that gap has grown by hundreds of thousands of dollars. We have been fortunate that our fundraising has matched pace with this growth. Any additional funds that have been raised through auctions and impact giving have been restricted to major renovations and program growth.

What are endowment funds?

Created primarily from donations, endowment funds are monies typically held in long-term investments with the principal remaining untouched, allowing the funds to have greater impact over time. The money may be permanently restricted, temporarily restricted, or unrestricted in its use, based on the request and intent of the donor or, in the case of board designated funds, by a vote of the Board of Trustees.

What specific purpose will endowed funds be used for?

Our Quantum Capital Campaign is focused first on raising the first $2 million dollars of the $4 million needed to permanently endow our ten Mack Scholar seats. Quantum will also raise an additional $1 million to support our faculty, staff, and programming. Contributions to endowment will be preserved as principle, and Mack will direct part of yearly interest and dividend income to support Scholars, faculty, staff, and programming. By providing a permanent ongoing source of revenue, endowed funds help improve the ability of the administration and the Board of Trustees to plan for the long-term financial health of the school.

How will Mack Boulder endowment funds be managed?

Management of our endowment funds will fall to our Finance Committee of our Board of Trustees who will follow best practices of accounting and reporting, as established by the National Association of Independent Schools (NAIS), ACIS, and NBOA. Assets will be invested in a range of financial instruments to provide a predictable rate of return with a moderate amount of risk. Mack expects the funds to provide an average rate of return of 4-6% annually through capital appreciation, interest, and dividends.

By preparing for the future, we are providing a foundation that will allow Mack Boulder to continue as an extraordinary school community and leader in gifted and progressive education

When you’re ready to make a beneficiary gift to Mackintosh Academy- Boulder, please use our EIN number: 84-0747083. You may also download our Mack Boulder Planned Giving Form by clicking on the button to the left.

We are happy to answer questions or direct you to resources to learn more. Please contact Taylor Ogilvie, Business Manager, for assistance.