PLEASE CLICK THE FOLLOWING LINK FOR PLANNED GIFTS TO ST. MARY'S ACADEMY: http://www.stmaryspdx.org/plannedgiving
Establishing Your Legacy at St. Mary’s Academy with a Planned Gift
As a member of
the St. Mary’s Academy community, you are already part of a group of
people who care deeply about providing an extraordinary education to
extraordinary young women.
St. Mary’s students and alumnae
continue their extraordinary achievements through higher education and
advance to leadership roles in business, medicine, science, education,
government and the arts. Many St. Mary’s alumnae serve as Peace Corps
volunteers and make major contributions to countless fields of study.
We are a community of achievers and as
such, we set high goals for ourselves, including that of establishing a
meaningful and lasting legacy.
What will your legacy be?
Mother Marie Rose Heritage Society
The Mother Marie
Rose Heritage Society was established to honor and recognize those
individuals who have named St. Mary’s Academy in their wills or who
provide for the future financial strength of St. Mary’s Academy through
planned gifts. Their example encourages others to do the same.
Becoming a member of the Mother Marie Rose Heritage Society is simple.
All we need is written notification that St. Mary’s Academy is in your
estate plans. Making such a commitment leaves a lasting legacy that
will ensure St. Mary’s tradition of excellence and achievement for
If you are not yet a part of the
Heritage Society, please consider including your name by making a simple
provision in your will or trust, or adding St. Mary’s as a beneficiary
to an insurance policy or donor advised fund. Contact the Director
of Development for information. It’s an easy gift to make and it keeps
A bequest is a
meaningful commitment. A gift provided for St. Mary's Academy in your
will may be a percentage of your estate, the residual of the estate, a
certain item or a specific dollar amount. Naming St. Mary's Academy
as the beneficiary of your Retirement Plan Assets, such as an IRA,
allows you to support the School while addressing estate and income
taxes associated with these assets.
Charitable Gift Annuity
is a simple contract between you and a charitable organization that
pays you a fixed dollar amount (an annuity) for your lifetime and that
of another individual, if desired, based on your age(s) at the time of
Charitable Remainder Trust
may establish a remainder trust that provides either a fixed or
variable income for you and your family. Part of the trust qualifies
for an income tax deduction and at the death of the last beneficiary,
the assets of the trust are distributed to St. Mary’s Academy.
Charitable Lead or Income Trust
trust allows you to pass on assets to family members with significant
estate and gift tax savings while allowing the School to benefit from
the income for the duration of the trust.
Gifts of Life Insurance
A gift of life insurance may offer you significant tax benefits and provides you with two options. The
first is by retaining ownership of the policy but designating St.
Mary's Academy as the beneficiary, so that your estate will receive a
charitable deduction upon your death. The second is by transferring
ownership of an existing policy to the School, or purchasing a new
policy with St. Mary's Academy as owner and making ongoing gifts to the
school for the purpose of paying the premiums. This entitles you to
an income tax charitable deduction in an amount equal to the
replacement value of the policy donated at the time of the original
gift, as well as an income tax charitable deduction for the gifts which
pay the premiums.
Gifts of Real Estate
gift of real estate provides considerable tax benefits. You also have
the option of retaining the right to occupy the property for life or
even receive income it generates.
If you have
included St. Mary's Academy in your estate plan, or if you would like
more information about planned giving please contact Lisa Gray,
Director of Development at 503 721-7724 or email at Lisa.Gray@stmaryspdx.org.