GIVING » PLANNED GIVING

PLANNED GIVING

Meet your personal financial goals while making a difference for the next generation of Spartans.

BENEFICIARY
DESIGNATIONS 

A beneficiary designation gift is a simple and affordable way to make a gift to support our cause. You can designate our organization as a beneficiary of a retirement, investment or bank account or your life insurance policy.
 
 
 
Giving

BENEFITS OF A BENEFICIARY
DESIGNATION GIFT 

  • Support the causes that you care about
  • Continue to use your account as long as you need to
  • Simplify your planning and avoid expensive legal fees
  • Reduce the burden of taxes on your family
  • Receive an estate tax charitable deduction

IRA CHARITABLE ROLLOVER

An IRA rollover allows people age 70½ and older to help support our organization by making a gift directly from their IRA.
 
BENEFITS OF AN IRA CHARITABLE ROLLOVER
Avoid taxes on transfers of up to $100,000 from your IRA to our organization Satisfy your required minimum distribution (RMD) for the year Reduce your taxable income, even if you do not itemize deductions Make a gift that is not subject to the deduction limits on charitable gifts

ABOUT BEQUESTS

You may be looking for a way to make a significant gift to help further our mission. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways that you can support Damien High School.
 
WHAT ARE THE BENEFITS OF MAKING A BEQUEST?
  • You leave a lasting legacy to be remembered
  • You lessen the burden of taxes on your family
  • You may receive estate tax savings
  • Help further the work and mission of our organization
 
BEQUEST LANGUAGE

In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Damien High School in your estate plan. We have provided some basic bequest language to assist you and your attorney.

 

I hereby give, devise and bequeath ___________(The official title for designating a gift to Damien) is: The Roman Catholic Archbishop, A Corporation Sole for the Benefit of: Damien High School (specific designation: e.g. Athletic Department, Scholarship, etc.). Federal Tax ID #95-2044453
 
 
 
 

 

LET US HELP YOU WITH YOUR GIFT PLAN

If you need assistance with legal or financial advisor recommendations contact Frederik Wilkens,
Director of Development at wilkens@damien-hs.edu or call 909.596.1946 ext. 270.
 
 
MORE OPTIONS ON HOW TO GIVE
CHARITABLE GIFT ANNUITY
You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.
CHARITABLE REMAINDER UNITRUST
You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years.
CHARITABLE REMAINDER ANNUITY TRUST
You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
CHARITABLE LEAD TRUST
You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings.
SALE AND UNITRUST
You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life.
GIVE IT TWICE TRUST
You provide your children with a stream of income while making a gift to charity.
LIFE ESTATE RESERVED
You give your property to our organization but retain the right to use the property during your life.