Leave a Legacy
Stewardship is a way of life,
rooted in our faith in God’s abundant love, grace, and provision. It is our
expression of thankfulness and acknowledges God’s ultimate gift of His Son for
We are called to use the gifts God
has given us –our talents, resources, and lives—to feed His sheep and to
further His kingdom.
There are many ways to make a
gift. Some have left bequests of their wills, leaving cash, securities, and
real estate. Others have made their gifts from insurance policies, IRAs, or
retirement plans. Whatever the vehicle, each has pathway creates a lasting
legacy of thankfulness.
By combining your philanthropic
giving with tax and other financial strategies, you can play a critical role in
the transformational work of Saint Anne beyond your lifetime.
Like so many who have come before
us, we hope that you will consider including Saint Anne in your estate or
financial plans and help sustain our mission for generations to come.
Long-Term Giving Options
Bequest and Wills
Making a planned gift
today through your Last Will and Testament or other estate plan. You can
leave the Saint Anne a specific dollar amount, a specific asset, a percentage
of your residual estate or any other gift.
Types of bequests include:
- Specific bequests indicate the amount of cash, securities or another asset you wish to leave for Saint Anne. Or it can indicate a specific percentage of the total value of your estate.
- Residuary bequests leave the remaining portion of your estate (or a percentage of the total) after all other bequests have been satisfied.
- You can make Saint Anne the recipient of a contingency bequest, which takes into account the possibility of a change in your beneficiary’s circumstances.
contribute to Saint Anne through your retirement plan. Certain retirement
plans, including IRAs, 401k and 403b plans, allow
you to defer paying taxes until you withdraw income during retirement. However,
after your death these accounts are often exposed to significant taxes.
you might find it beneficial to contribute all or part of these funds to Saint Anne
while leaving other assets to your heirs. Simply name Saint Anne as a beneficiary of your
retirement plan. You will retain control of the plan during your lifetime, and
you can change your beneficiary at any time if your circumstances change.
Charitable Trusts or Donor Advised Funds
trust is a way to achieve your current and long-term financial, estate and
philanthropic goals. A donor makes an irrevocable transfer of cash, stock, real
estate or other assets to a trust which produces income for the donor or other
beneficiary, for a fixed period of time of up to twenty years or until the
donor or other beneficiary dies.
A donor-advised fund is a charitable-giving
tool that allows you to make an irrevocable contribution to an individual
donor-advised fund, for which they get an immediate tax deduction. Over
time, you can make direct grant requests to Saint Anne.
Bank Accounts, Securities and Certificate of Deposit
A way to make a planned gift to
Saint Anne is by designating it the recipient of a bank account or security. You can instruct any financial institution in
which you have an account or the holder of a security to designate your asset in
a transfer on death or payable on death form. The asset will be transferred upon your death directly to Saint Anne.
Life Insurance Policies
Saint Anne welcomes philanthropic
support through gifts of life insurance policies when the policies are paid in
full and Saint Anne is named as the owner and irrevocable beneficiary of the
You can name Saint Anne as the
primary or contingent beneficiary of an existing or new life insurance policy.
Although a current income tax deduction is not available, it will result in a
federal estate tax deduction for the full amount of the proceeds payable to the
charity, regardless of policy size. Or you can make an assignment or gift of a
life insurance policy that you currently own or donate a new life insurance
policy, approaches which allow a current income tax deduction.