Ways to Give
Ways to Give
Ways to Give
There are several ways you can support a Catholic Education at St. Genevieve School:
There are several ways you can support a Catholic Education at St. Genevieve School:
Charitable Gift Annuity
Charitable Gift Annuity
By funding a charitable gift annuity, you can accomplish two very important objectives: Insuring that Catholic Education at St. Genevieve School will be available after your life, as well as receiving guaranteed fixed income for as long as you or a loved one live with an immediate charitable income tax deduction for a portion of the annuity as defined by tax law.
By funding a charitable gift annuity, you can accomplish two very important objectives: Insuring that Catholic Education at St. Genevieve School will be available after your life, as well as receiving guaranteed fixed income for as long as you or a loved one live with an immediate charitable income tax deduction for a portion of the annuity as defined by tax law.
Gifts from Retirement Plans
Gifts from Retirement Plans
Gifting assets accumulated through Retirement Plans can be a practical way to support a 501(c)(3) charity. Tax-free IRA Rollover up to $100,000 per year is now permitted by IRS and it counts toward your “Required Minimum Distribution” (RMD) if you are over age 70 1/2. Other retirement plan gifts may also qualify for “direct gifts from the plan to the charity”. You can consider a charitable gift using all or a part of your mandatory withdrawal amount (RMD).
Gifting assets accumulated through Retirement Plans can be a practical way to support a 501(c)(3) charity. Tax-free IRA Rollover up to $100,000 per year is now permitted by IRS and it counts toward your “Required Minimum Distribution” (RMD) if you are over age 70 1/2. Other retirement plan gifts may also qualify for “direct gifts from the plan to the charity”. You can consider a charitable gift using all or a part of your mandatory withdrawal amount (RMD).
Life Insurance Gifts
Life Insurance Gifts
When you gift a life insurance policy to St. Genevieve School, you may be able to give a larger gift than you otherwise thought possible. You simply designate St. Genevieve School as the beneficiary on a new or existing policy, which allows you to take a tax deduction for the cost of your annual premiums, among other tax advantages. Your tax consultant can advise you.
When you gift a life insurance policy to St. Genevieve School, you may be able to give a larger gift than you otherwise thought possible. You simply designate St. Genevieve School as the beneficiary on a new or existing policy, which allows you to take a tax deduction for the cost of your annual premiums, among other tax advantages. Your tax consultant can advise you.
Gifts of Securities
Gifts of Securities
Gifts of securities require special handling, but these allow you to gift “appreciated” securities without your paying tax on the appreciation. Consult your tax advisor.
Gifts of securities require special handling, but these allow you to gift “appreciated” securities without your paying tax on the appreciation. Consult your tax advisor.
Bequest through Your Will or Living Trust
Bequest through Your Will or Living Trust
Recent changes in estate tax law may allow you to give more to charities now and in the future. After providing for your current beneficiaries, you may include a gift to St. Genevieve School in a specific amount, a percent of your estate, or a certain property.
Recent changes in estate tax law may allow you to give more to charities now and in the future. After providing for your current beneficiaries, you may include a gift to St. Genevieve School in a specific amount, a percent of your estate, or a certain property.
Gifts of Cash
Gifts of Cash
The St. Genevieve School Annual Fund solicits financial help each year for special upgrades to technology advancements, academic advancements, and facilities upgrades. Cash or checks can be made payable to St. Genevieve School.
The St. Genevieve School Annual Fund solicits financial help each year for special upgrades to technology advancements, academic advancements, and facilities upgrades. Cash or checks can be made payable to St. Genevieve School.
Did you know that you can redirect your PA tax dollars to St. Genevieve? Contact Liz Sabato, Development Director (215-836-5644) or sgslsabato@stgene.org, if you are interested in additional information
Did you know that you can redirect your PA tax dollars to St. Genevieve? Contact Liz Sabato, Development Director (215-836-5644) or sgslsabato@stgene.org, if you are interested in additional information