Naomi Haupert de Neufville Society

The Planned Giving Committee of Moravian Academy established the Naomi Haupert de Neufville Society to recognize those alumni and friends who have provided for a gift to the school in their estate plans through a life income arrangement or by donating an insurance policy. The Society exemplifies the importance of bequest provisions and other planned gifts for Moravian Academy as well as expresses our appreciation to those individuals who make a planned gift in support of our mission.

The society is named in honor of Naomi Haupert de Neufville Boyer who began her career teaching English, French and history at Moravian Seminary for Girls in 1936.  Miss Haupert became principal of the Seminary in 1940, continuing until 1950. In 1950, she married Dr. Albert de Neufville, a widower who had enrolled his daughter, Mely, in the Seminary two years earlier. Their daughter, Louise, was born in 1951. In 1958, Mrs. de Neufville resumed her career teaching French at Moravian Preparatory School where she taught until 1968.

She was a member of the Board of Trustees of Moravian Academy and was named an honorary alumna of the Seminary in 1965. Mely graduated from Moravian Seminary for Girls in 1956 and Louise graduated from Moravian Preparatory in 1969. The de Neufvilles were the first persons to establish a life income fund with Moravian Academy.

There are several types of planned giving vehicles that are beneficial to you, the donor, and the Academy.

Testamentary Gifts - Charitable gifts may be made outright to Moravian Academy by will.  Such gifts may either be outright on the death of the donor or in the form of a testamentary trust which makes the Academy an eventual beneficiary subsequent to the death of prior beneficiaries. These gifts will produce tax benefits for the estate of the deceased under federal and state laws. The gift may be a specific amount, a percentage of the estate, all or part of the residual or a contingent bequest if the primary intentions of the will cannot be met. 

Charitable Gift Annuities - A charitable gift annuity is a contract between the donor and Moravian Academy.  It differs in principle from a trust in that it is a legal obligation or debt of Moravian Academy. The donor transfers property in exchange for a fixed dollar payment for life.  Usually donors use cash or appreciated securities.   Donors can choose an immediate payment gift annuity or can defer payments for a period of time.  Moravian Academy uses the rates set by the American Council on Gift Annuities.  The donor must be at least 55 years old.  The minimum gift is $5,000.

Charitable Remainder Annuity Trust - The concept of all charitable remainder trusts involves a gift to a trust allowing the donor or his designee to receive a life interest and on his death the designated charity to receive the remaining assets of the trust. The annuity trust is one type of charitable remainder trust. It is a separately invested irrevocable trust that can be established with a minimum $25,000 gift. A donor receives lifetime distributions for himself, or perhaps for another beneficiary, at an agreed upon rate that remains unchanged, regardless of market fluctuation. This rate may never be less than five (5%) percent of the initial valuation of the trust assets. Additional gifts may not be made to an annuity Trust. However, there is no limit to the number of annuity trusts the donor may establish. Such a trust can be particularly beneficial if funded with appreciated property since the capital gain is forgiven.

Charitable Remainder Unitrust - A unitrust is a second type of charitable remainder trust, virtually identical to the charitable remainder annuity trust, except that instead of an annuity, the creator of the Trust retains the right to a percentage rate of return (not less than five percent). Unlike the annuity Trust, in a Unitrust, the amount paid to a donor is adjusted annually based upon the fair market value of the assets in the Unitrust. The Trust is irrevocable and is separately invested. A minimum gift of $25,000 is required. Additions of $1,000 or more may be made at any time. Income earned by the Trust above the determined pay-out is automatically added to the principal of the Trust.

Charitable Lead Trusts - Some donors have current income, which exceeds their personal financial requirements, but wish to hold on to their assets so that the assets may pass to their heirs on death or at some certain time in the future. Charitable lead trusts can accomplish this purpose and may provide substantial income and estate tax benefits. A charitable lead trust is in effect the exact opposite of a charitable remainder trust. In the remainder trust, the donor retains the income stream while the remainder interest is given to Moravian Academy. In the Charitable Lead Trust, the income stream is given to Moravian Academy, but the remainder passes to the beneficiaries of your choice. To create a Charitable Lead Trust, a donor simply places assets in a Trust for a period of years, with a specific amount or a fixed percentage of the fair market value to be paid to Moravian Academy in each of those years. The minimum gift to establish a Lead Trust is $50,000.

To learn more about planned gifts and the ways in which they can help you but also help the Academy, please contact:

Mr. Robert J. Zaiser, Director of Development

Moravian Academy

7 East Market Street

Bethlehem, PA 18018

610.868.4744 x291

bzaiser@moravianacademy.org