Nathaniel August '97

My family and I are gratified to be able to support Loomis Chaffee by designating the school a primary beneficiary of a trust we funded . I am very grateful for the education and experience I had at Loomis. In reflecting on my educational journey from nursery school through college, no time has been as academically transforming or as important to equipping me with foundational skills for long-term success as my years on the Island. I know that Loomis’ budget depends on many sources, including the generosity of its community of past and present families and alumni, to provide an exceptional education to its students. Our family is pleased to make a contribution in furtherance of the long-term success of the school.

We structured our gift to Loomis through a charitable lead annuity trust (CLAT), which allows the donor (or grantor in trust speak) to set aside assets that will be given to the school over time. In our case, this structure allowed us to achieve some of our charitable giving ambitions while also contributing to our other estate-planning goals and realizing near-term tax benefits.