How will you be remembered?
Making an estate gift to
St. Catherine’s allows you to create
a lasting legacy benefitting Catholic education
for decades to come.
There are multiple ways to make a planned gift to SC.
Different types of gift vehicles allow donors to achieve a variety of goals, and our office is happy to answer any questions individuals may have.
Gifts of Annuities or Life Insurance
The proceeds of your annuity or life insurance policy allow St. Catherine’s to further our mission of educating students in an environment of Catholic and behavioral excellence.
How to Make a Gift of Life Insurance or Annuities
The Gift of Life Insurance or Annuities is as simple as contacting your life insurance or annuity provider and requesting a beneficiary designation form. Then, list either the Foundation or St. Catherine’s as the beneficiary of your policy, which allows us to bypass probate court. You can also call the Development Office to discuss establishing a new policy naming St. Catherine’s as the beneficiary, and how paying the premiums will positively impact your financial goals.
Gifts of Wills or Trusts
Through a partnership with your own qualified estate planning attorney, you can pass on your assets to either the Foundation or St. Catherine’s by naming the organization as a beneficiary in your will or trust.
How to Make a Gift through your Will or Trust
Contact your estate planning attorney to learn how to precisely indicate on your will or trust your wishes as to how your assets will be distributed.
Gifts of Retirement Accounts
Naming St. Catherine’s or the Foundation as the beneficiary of your retirement account, such as a 401(k), 403(b), IRA, pension or other tax-deferred plan, allows our mission of educating students and developing lifelong learners who are globally responsible citizens to thrive. As a charity, neither the school nor the Foundation is taxed upon receipt of a retirement account, unlike heirs. In addition, your tax-deferred planned gift may provide your estate and heirs with tax benefits such as saving on or avoiding income and estate tax.
How to Make a Gift of Retirement Accounts
Speak with your financial planner or retirement account custodian in order to complete paperwork which names St. Catherine’s or our Foundation as the beneficiary of your account. As the beneficiary of your gift, St. Catherine’s will not be taxed upon maturation of the gift and will receive the full value of the account.
Your gift will have a lasting impact on our school community. Therefore, both the Foundation and St. Catherine’s will happily work with you to discover the best way for you to leave a legacy.
Additionally, there are others ways for you to give such as:
· Cash Accounts
· Real Estate
· Charitable Remainder Trusts
· Mineral Rights
Contact the St. Catherine’s Development Office:
Anyone wishing to learn more about planned giving to the Foundation or St. Catherine’s should contact Sydney Prochazka, Director of Major and Planned Giving, directly at (262) 833-5516 or through the school’s main office at (262) 632-2785 ext. 449 or firstname.lastname@example.org.
Please let us know if you have already included St. Catherine’s or the Foundation as a beneficiary of your retirement assets. We would like to thank you and recognize you as a member of our Benedicta Bauer Society.
*This information is not intended as legal advice, and we strongly encourage you to speak to your own personal finance or tax advisor since choosing the best assets for both charity and loved ones are important gift considerations.
To start the discussion about planned giving, and to learn how such a gift could help you and your loved ones realize significant financial and tax benefits, please contact Sydney Prochazka, Director of Major and Planned Giving at (262) 833-5516.