WAYS TO CONTRIBUTE TO STUDENTS OF BENEDICTINE HIGH SCHOOL
Below are various ways that you can continue to support the success of the students of Benedictine High School. Without a sense of Caring there can be no sense of Community. The most direct and impactful way to support Benedictine High School is through participation in the Annual Fund. The Annual Fund aids in academic programming, athletic and extracurricular improvements, and most importantly, scholarships awarded to current and future Men of Benedictine. To make a gift to the Annual Fund, please click here.
GIFTS OF CASH
Cash contributions may be made by check, money order or credit card through one gift or installments. If you or your spouse work for a company that matches gifts to secondary schools, your contributions can have double the impact. Your human resource offices typically can provide you information on match opportunities.
GIFTS OF SECURITIES
These can be extremely advantageous. Appreciated securities contribution values are determined by the average fair market value of the stock on the date the gift is transferred, provided the securities were owned for more than one year. Additionally, the donor incurs no capital gains tax on direct transfer of securities to Benedictine. Note, as a general rule, it is more advantageous to sell the depreciated securities and donate the proceeds to charity. For more information on how to make a transfer of stock, please contact Chris Lorber at lo****@cb**.edu or 216-421-2080 ext. 246.
COMPANY MATCHING GIFTS
Matching gift programs allow you to double, and in some cases triple your gift to Benedictine High School. Please contact your employer to see what matching gifts may be available.
GIFTS OF REAL ESTATE
Gifts of real estate may provide a convenient way to support the school. Such gifts may be contributed outright as a deferred gift; here the donor can gift their home while retaining life tenancy. Note that some gifts of property may require approval of the Benedictine Gift Acceptance Committee, and the donor will be asked to provide a qualified appraisal for property gifts valued at $5,000 or more plus a Phase 1 environmental survey for gifts of real estate, both at the donor’s expense.
Many of the planned giving opportunities available to donors are listed below. Planned gifts are usually larger and made during a donor’s lifetime, or estate contributions that donors may make through wills, trusts, gift annuities,
insurance policies or gift arrangements.
OTHER OPTIONS ARE:
- Charitable Gift Annuities
- Charitable Remainder Trusts (either Unitrusts or Annuity Trusts)
- Charitable Lead Trusts
- Marketable Securities
- Gifts of Property
- Real Estate
- Intangible Personal Property
- Life Insurance
- Gifts of Will