Planned Gifts

By including St. Francis School in your will, living trust, or as a beneficiary of a retirement plan or life insurance policy, you receive benefits in addition to tax savings and retention of your assets. The St. Francis School Legacy Society recognizes donors who include St. Francis School in their estate plans. If you would like more information or have questions, please contact Mark Matzek, St. Francis School Administrator at 715-273-4391 or [email protected].
 

Bequests By Will

If you would like to help secure the future of St. Francis School at no cost today, consider planning a gift in your legal will. A bequest is an excellent way to provide for St. Francis School while retaining assets during your lifetime.

Charitable Remainder Trusts

There are a variety of charitable trust options that may benefit the future of St. Francis School. One example is a Charitable Remainder Trust (CRT), into which you make a gift of cash or other assets. From the investment of your gift, the trust provides an income to you and/or a designated beneficiary for your lifetime or for a set term of up to 20 years.

You are entitled to a charitable deduction for a portion of the value of your gift into the trust. After your estate is settled, the remainder of your trust is distributed to St. Francis School. You financial planner can help you determine what type of charitable trust may be beneficial to you. 

Beneficiary Designations

St. Francis School can be named as a beneficiary for assets such as retirement plans, commercial annuities, and life insurance policies. Your gift will support the students of St. Francis School and enable your heirs to avoid tax on policy proceeds at the time your estate is settled. 

To name St. Francis School as a beneficiary, complete the appropriate plan or policy forms, or contact your financial planner for guidance on how to best structure your designation. 

IRA Charitable Rollovers

An IRA Charitable Rollover is a popular charitable option for anyone 70 ½ years or older, allowing for gifts of up to $100,000 annually (or up to $200,000 for a married couple). 

Also known as a qualified charitable distribution (QCD), this gift option provides a tax benefit when donations are made directly from your IRA to St. Francis School. Your gift can potentially reduce annual income level, Medicare premiums, and amount of Social Security subject to tax.

Contact your IRA provider to request a donation be made directly to St. Francis School. Note: Some financial institutions do not include donor name with IRA gifts. Please call or email us to let us know that you have made an IRA donation to St. Francis School.

Charitable Gift Annuities

By donating an irrevocable gift of $10,000 or more, you may enter into an agreement with St. Francis School and receive a life-long fixed income, which is guaranteed regardless of market fluctuation. 

Charitable Gift Annuities (CGA) rates are generally higher than CDs or Money Market Funds, and a portion of your CGA income is tax-exempt. CGAs are most ideal for those 70+ years of age.