(gifts through a will or living trust)

A gift given to Mater Dei that is identified in a will or a living trust is considered a bequest. This gift helps provide funding for the future of the school and is the simplest type of planned gift to establish. Your gift can either be a specific dollar amount, a percentage of your estate, or a gift after other bequests have been distributed.

With the uncertain economic times, establishing a bequest can help you be more certain about your current available cash and be certain that you are helping provide for Mater Dei's future.

We recommend that you contact an attorney to help establish a will or trust. If you name Mater Dei High School as a beneficiary, we need you to submit this information in writing to the Office of Institutional Advancement.

Many individuals and families have accumulated sizable assets in their IRAs. You can easily indicate Mater Dei High School as the death beneficiary for your IRA, and this simple transaction does not require involvement of an attorney. When an IRA is passed on to children or other family members, ordinary income taxes and estate taxes often devour the majority of an IRA's benefits. By naming Mater Dei as the death beneficiary, these taxes are avoided.

An endowment is a donation to Mater Dei High School that is invested to provide ongoing income for the school. The gifts contributed to an endowment are considered the "corpus" or "principal" and remain untouched. Mater Dei receives an annual distribution from the interest income to support the school. Endowments can be named to honor or memorialize a family or loved one and can be designated for a specific purpose, i.e., tuition assistance, technology, athletics, science, etc.

The investments are professionally managed and adhere to a policy that is consistent with the teachings of the Catholic Church. An endowment is a gift that continues to benefit the school for perpetuity. A minimum $5,000 gift must be given to establish an endowment. Many colleges and other organizations are able to provide significant annual income through their endowments.

A Charitable Gift Annuity is a great way to provide fixed income for up to two people and allows individuals to leave a substantial legacy to Mater Dei.

Here is how a Charitable Gift Annuity works:

You make an irrevocable gift to Mater Dei of $10,000 or more and receive a charitable deduction for a portion of your gift.
You receive income for the rest of your life based on a predetermined percentage of your gift. A portion of your gift is tax-free.

Your fixed payment is based on your age and is determined when you make your charitable gift. One or two individuals (beneficiaries) can be named as recipients for the fixed income. If there is a particular aspect of the school you want to support with your gift, you can make this distinction.

Life insurance allows you to make small contributions that accumulate to significant value. Naming Mater Dei High School as the beneficiary and/or owner a life insurance policy allows you to make a marvelous gift without disturbing other assets and losing income.

Through a gift of stock, you are entitled to significant tax savings by giving appreciated securities.

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Questions? Contact contact Mallory Hertel, Director of Advancement, at mhertel@evdio.org or 812-421-5727, Ext. 405.