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Please visit our new
Planned Giving Page! |
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Gifts by Will (Bequest) |
This is the most common form of planned giving. A gift is given to the High School
by provisions made in the donor's will designating a dollar amount or percentage
of the estate. Bequests to Catholic High are free from federal estate tax and the
estate and inheritance taxes of most states. Bequests should be drawn and executed
with an attorney's advice. |
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Gifts through a Charitable Gift Annuity |
You make an irrevocable gift of cash or securities in the name of Lancaster Catholic
to the Diocese, and the Diocese agrees to pay you a guaranteed percentage of the
asset annually for life. A gift annuity can also have more than one income beneficiary.
The rate of return on a gift annuity is determined by the donor's age. |
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Gifts through a Charitable Remainder Trust |
You contribute assets, such as securities, while retaining the income for yourself,
or others, for life. A remainder gift permits you to take an income tax deduction
for a portion of the value of your gift. Your gift will be credited for the fair
market value of the contributed assets. |
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Gifts through a Life Insurance Policy or Retirement Fund
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You may assign Lancaster Catholic High School as beneficiary, co-beneficiary or
a secondary, remainder of residual beneficiary of your life insurance policy or
retirement fund. Annual Life insurance dividends also may be assigned to the High
School. When Catholic High is named as owner of a policy, the cash value of the
policy may be deducted on your income tax return.
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What Opportunities Does a Planned Gift Offer to Donors?
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- To make larger gifts during their lifetime than otherwise possible.
- To make a gift while assuring income for themselves, a spouse, a child or to others
for whom they wish to make provisions.
- To create a memorial in their name or in the name of others.
- To offer a tax benefit to the donor.
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For more information or to make a gift, please contact Zane G. Gizzi, Director of
Development and Alumni Affairs, at (717) 509-0313 or
email us. |