Each year, Teurlings Catholic High School Annual gifts provides our school with the greatest flexibility to fund critical and emerging needs. Teurlings Catholic values all philanthropic gifts of any amount. Each gift demonstrates your belief in Teurlings and sets an example for our students about the value of giving back to the community. CLICK HERE for more information.
Discover a powerful way to make a gift last forever while realizing tax benefits for your generosity.
Planned Giving is an effective way to have and impact on the future well-being of Teurlings Catholic High School. Individuals have many options available to them in making their estate plans such as bequests, charitable remainder trusts, charitable lead trusts or insurance policies.
When a member of our community makes a planned gift they automatically become a member of this very important group of supporters of the Bequest Society. Bequests, large and small, are a significant source of support for Teurlings Catholic High School. Simply stated, a bequest is the act of naming the school in your will. The School’s policy is for all realized bequests to be placed in the School’s endowment, unless otherwise specified by the donor.
If you’d like to play an important part in supporting Teurlings Catholic High School but feel now is not the time, you may be surprised to learn how life insurance can help fulfill your philanthropic goals and ease your financial concerns. You can name Teurlings Catholic High School as the sole beneficiary or one of the beneficiaries of a life insurance policy. The school would receive the benefit at the time of death of the donor.
Charitable Remainder Trust
If you own real estate or securities that have appreciated greatly over the years and you want to avoid paying the capital gains taxes you would incur when you sell, a Charitable Remainder Trust may be an attractive option for you.
Irrevocable Remainder Trust
Using your appreciated property or securities, set up an Irrevocable Remainder Trust with your attorney or financial planner and name Teurlings Catholic High School as the beneficiary. The Trust, which is not subject to tax, sells property or securities, reinvests the proceeds and makes specified annual payments to you or other designated individuals for a specified period of time. At the end of that period, the remaining funds in the Trust go to the School.
Charitable Lead Trust
A Charitable Lead Trust is essentially the reverse of a Charitable Remainder Trust. You would transfer your appreciated property or securities to an Irrevocable Trust, but with this type of investment the School receives the annual income interest payments for a specified period of time or your lifetime. At the end of that period, the remaining funds return to you or your designated beneficiary.
Teurlings Catholic High School highly recommends that you consult with your financial advisor while considering your estate plans.
For details contact:
Amos J. Batiste, Jr.
Director of Institutional Advancement
Questions? Comments? Concerns? Click here.