Easy Planning Options

Bequest from Your Will or Living Trust – You can easily make a charitable gift of a specific dollar amount, percentage of your estate/trust, a certain asset or make The Catholic Foundation for the benefit of Mary Immaculate School a “residual beneficiary.” In addition to a very generous charitable gift, your trust or estate receives an estate tax deduction as well. Click the “Sample Bequest Language” icon on this page for more information on bequests and specific wording options that may be appropriate for your will or trust.

Beneficiary Designation from a Retirement Plan – By designating The Catholic Foundation for the benefit of Mary Immaculate Catholic School as a beneficiary of your IRA or retirement plan, you support our work and avoid both estate and income tax. All that is required is to name “The Catholic Foundation for the benefit of The Mary Immaculate Catholic School Endowment Fund or The MIS Tuition Assistance Fund” as beneficiary for a portion or all of your IRA or qualified retirement plan.

Charitable Gift of a Life Insurance Policy – You can assign whole life insurance policies and name “The Catholic Foundation for the benefit of the Mary Immaculate Catholic School Endowment Fund or The MIS Tuition Assistance Fund” as beneficiary. In return for your generosity, in most cases you receive a tax deduction for the premiums you have paid on the policy.