You know you want to leave a legacy, but have you considered who will live that legacy? Let us help you realize a planned gift that will benefit the students of St. Francis Episcopal School for generations to come. Learn how to name St. Francis as a beneficiary of your will, why retirement plans result in the most tax-efficient bequest to charity, and about the various ways your legacy can make a lasting difference.
To get started, please contact your attorney or financial planner. To make your legacy gift to St. Francis, you can print and complete our Planned Giving Donor Form.
- Charitable Gift Annuity
- Retirement Funds
- Charitable Remainder Trust
- Life Estate Contract
- Charitable Lead Trust
- Pooled Income Fund
- Life Insurance
IRA, 401K—the IRA Rollover provision of the Pension Protection Act of 2006 allows a donor who has reached a defined age to exclude any IRA funds withdrawn and transferred to a charity from his or her income when filing a tax return for that year. The provision is applicable only to direct gifts of cash to charitable organizations (capped at $100,000 annually) from donors age 70 ½ or older. The charitable sector is working to get it made permanent and to extend it to a broader range of giving opportunities.
An agreement established by donors transferring a deed or real property to an organization while reserving for themselves and/or someone else the right to live on or use the property for life. Charitable deductions for life estate contracts are limited to properties that are either personal residences or farms.
A contract between an individual and an insurance company, providing a payment to the individual’s estate or to named beneficiaries (such as a spouse, children or grandchildren) at the individual’s death. Charities are also frequently named as beneficiary. By making a charity both the beneficiary and owner of the policy, a donor can make an immediate gift that will provide immediate or future funds for a charity or charities.