One if the most effective and strategic ways to support Notre Dame Prep is through a planned gift. The benefits include tax-savings, increased income, and providing for your heirs while achieving philanthropic goals. Here are a few examples of planned giving opportunities
Securities and mutual funds that have been held for more than one year are a popular way to make a charitable gift. When you donate securities to NDP, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent. Please contact Maria Aldrich at NDP for the DTC # and transfer instructions
Will or Bequest
A bequest intention is an easy way to have an impact on NDP and to help achieve philanthropic goals.
Charitable IRA Rollover
Individuals ages 70 ½ can transfer up to $100,000 annually from their IRA accounts directly to charity without having to recognize the distribution as income.
Charitable Gift Annuities or Charitable Remainder Trust
When you transfer your cash or appreciated securities to establish a Charitable Gift Annuity or Charitable Remainder Trust, you will be paid fixed income for life at the rate based on your age. You will receive a tax saving charitable deduction and avoid capital gains taxes.
Charitable Lead Trust
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
Real estate and personal property
When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction. You avoid paying capital gains tax.
For more information about planned gift opportunities, please contact Maria Aldrich at 480-634-8247.