K. Giving » Ways to Give

Ways to Give

Stocks/Securities or Real Property

Gifts of stock or real property may result in a significant tax benefit for donors, while directly supporting St. Mary’s Academy.

 

Gifts of Life Insurance

To receive a deduction for donating a life insurance policy that you may no longer need, it is necessary to designate St. Mary’s Academy as both the owner and beneficiary of the policy. The school can also be named as a beneficiary of a company pension, an IRA, Keogh, or tax-sheltered annuity.

 

Bequests

A bequest is usually the simplest kind of planned gift. Estate taxes may be reduced by identifying St. Mary’s Academy in your will. It is important to identify the full corporate name of the institution: St. Mary’s Academy of Los Angeles. If circumstances change, the bequest can be altered by the donor.

 

Memorial Gifts

Often gifts, especially for student scholarships, are given to honor the memory of a parent, an alumna, or a friend. We would be pleased to discuss ways of giving that may appeal to you to honor your loved one.

 

Endowment

An endowment is a permanent fund that is restricted and of which the principal is preserved. Contributions to St. Mary's Endowment Fund are invested and a determined percent of the portfolio is used for purposes restricted by the endowment fund. Thus, the endowment becomes a gift that lives forever and helps the school maintain affordability by providing revenue to subsidize the operating budget.

 

Please contact our Development Director, Danese Bardot at 310.674.8470 ext. 209

or dbardot@smabelles.org for further information.