The task of ensuring Catholic High School’s future rests with those who invest in the school with a vision for tomorrow. Planned giving is a way to leave a lasting legacy of support for the school. There are many vehicles to make a planned gift, all of which provide their own opportunities and advantages for you and Catholic High School.
Planned gifts secure the future of Catholic High School. Making such a gift now ensures that future CHS students will have the same opportunities to succeed as do our current students. It’s an investment that goes a long way.
A planned gift made to Catholic High School, like most other gifts, can be restricted or unrestricted. Because of the uncertainty of the school’s future needs, donors often make their bequests unrestricted, in order to allow Catholic High School to utilize the funds where they are most needed. Catholic High School was founded on the belief that any student should be able to attend CHS. By making a planned gift, you are proactively planning for future students and their success.
Benefits of Making a Planned Gift
In addition to supporting the mission of Catholic High School, a planned gift can provide to you substantial tax advantages, especially on gifts of stocks and real estate. The total income, estate, and capital gains tax savings and the probate expense savings can come close to the amount transferred. The benefits include:
- An Income Tax Deduction
- Reduced Capital Gains Taxes
- Reduced Probate Costs and Estate Taxes
- Income for Life
Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of Catholic High School. A planned gift makes it possible for you, your loved ones, and Catholic High School to all benefit.
We want to be sure that we can fulfill your wishes. If you have any questions, please contact: Margie Alexander at 225.382.0593, or via email at firstname.lastname@example.org
Ways to Give
Some of the most common ways to make a gift to Catholic High School are to write a check, make a gift using a credit card, or donate online.
Stocks & Bonds
Giving appreciated stock that you have owned for more than one year is one of the most tax-advantaged ways to make charitable gifts. With careful planning, you can reduce your capital gains tax while supporting Catholic High School.
A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield you or your heirs from taxes while funding Catholic High School’s future.
Life insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members.
A gift of real estate allows you to preserve your cash assets, receive tax and income advantages and make a significant charitable gift to Catholic High School.