Spring Clarion 2010 - St. Mary's High School

Planned Giving
“They all ate and were satisfied. And when the leftover fragments were picked
up, they filled twelve wicker baskets.” Luke 9:17
Because of St. Mary’s High School, many of us have been blessed with a
faith-formed education that helped us build our careers, wealth, and most
importantly, families. As people of faith, we know the responsibility of
providing the same opportunities that we had for future generations. Please
reflect upon the blessings of your life and the value that St. Mary’s and Our
Lady had upon it. During our current economic situation it may be difficult
to give an outright cash donation for the Mission of St. Mary’s High School;
however, one way that you can show your gratitude and support, without
using present cash-flow, is through “planned giving.” This form of gift is critical
for the Mission of St. Mary’s and will transform future generations. Likewise,
a planned gift is a living legacy of your commitment to quality Catholic
education, and is a witness of your desire to be a good steward of the gifts
God has given you. A planned gift may have some financial tax benefits for
you and can add protection to your assets. Planned gifts and some of their
potential benefits include:
• Gift of real estate or residence – Immediate income tax deduction and
estate tax savings
• Gift Annuities – Immediate income tax deduction and reduction of capital
gains tax
• Investments – Tax deduction on current market value and avoid capital
gains tax
• Life Insurance – Tax deduction for premiums and estate tax savings
• IRA’s/Qualified Retirement Plans/US Savings Bonds – Income and estate
tax savings
• Charitable Remainder Trusts – Immediate income tax deduction and
reduction of capital gains tax
• Charitable Lead Trusts – Principal and accumulated income passes on to
beneficiaries
If you have any questions you can contact me, Joseph Divis, Associate Director
of Advancement, at 314-481-8400 x112. Thank you in advance for your prayerful
consideration of such a noble commitment to St. Mary’s.
advancement news
Clarion • Spring 2010 21