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 future generations.

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 on giving!

Charitable Bequest

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

This 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 your gift.

Charitable Remainder Trust

You 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

This 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

A 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.