the Annual Fund, which funds about 8% of our operating budget and is
spent each year, capital gifts generally support specific
initiatives—either facility improvements or endowment. Think of our
Annual Fund as our checking account, paying for day-to-day expenses, and capital gifts as a savings account for special projects and long-term
investment. Capital gifts allow PCD to think strategically beyond
immediate needs and plan for a secure and vibrant future. They can fund
new buildings and campus renovations, and they can add to the endowment
to fund faculty compensation, programs, and financial aid. A healthy
endowment can also give a school greater flexibility during challenging
economic times, so that its long-term health is not compromised. PCD's
endowment is managed by the RI Foundation and is invested for long-term
In 1999 the trustees of The Providence Country Day School established
the Gerald B. Woodruff Bequest Society in honor of the longtime
assistant head of school and all those individuals who followed his
example by naming PCD in their estate plans.
Mr. Woodruff served
the PCD community for 40 years—from 1929 until his retirement in
1969—as assistant head of school, an inspiring teacher, and a dedicated
coach. During his tenure, he had the foresight to establish an endowed
fund to support faculty salaries—a fund that continues to benefit our
teachers today. He also provided for the school with a bequest in his
will and set up a charitable gift annuity with PCD. Inspired by
Woodruff’s enduring contributions to the school, alumni, faculty,
parents, and friends have followed his example, naming PCD in their
estates and/or designing planned gifts that benefit both PCD and
The Woodruff Society represents PCD’s true
guardians—donors whose generosity will impact the health and vitality of
the school in profound and as yet unimagined ways. The legacies of
Woodruff Society members will help enrich the lives and shape the minds
of countless generations of PCD students, ensuring the school’s strength
in perpetuity. Planned gifts to PCD can reach farther and accomplish
more than gifts to larger institutions; they are able to make a
significant difference right away that truly reflects the donor’s wishes.
Planned giving expresses a deep and thoughtful commitment to PCD’s future; many
estate gifts support endowment and thus provide for the ongoing
sustainability of the school. Additionally, estate gifts are the result
of important planning by the donor, who can receive regular income and
significant tax benefits, or accomplish other financial goals as a
result. PCD’s Development Office, along with your financial advisor,
can help you distinguish between the various types of estate planning
vehicles and help you determine the best way to meet your financial
needs and objectives.
There is no minimum gift requirement to
establish membership, and all donors, whether through a bequest
provision or a life income arrangement, are automatically granted
membership in the Woodruff Society.
The attached document below
will introduce you to the basics of the most common types of planned
gifts. Please note that for each plan there are numerous options
available, allowing you to customize your plans and make sure that you
will be able to meet your needs as well as help meet the needs of the school.
Contributing to The Providence Country Day School in honor or memory of someone special in your life is a meaningful way to recognize an individual's importance to you while supporting the school.
Gifts in Honor
These contributions honor family members, friends, or colleagues—whether for milestones like birthdays, graduations, weddings, or anniversaries, or to recognize important work and relationships.
Gifts in Memory
These gifts celebrate the life of someone dear to you.