Strategic Use of Your Assets

Appreciated Securities
The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. 
 
  • You transfer securities to Mater Dei.  
  • MD sells your securities and uses the proceeds for its programs.
  • You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
  • You pay no capital gains tax on the securities you donate.
  • You can direct your gift to a specific fund or purpose.
  • You have the satisfaction of making a significant gift now or funding a life income gift that benefits Mater Dei later.
 
CLICK HERE for our stock transfer instructions. 
 
Make Mater Dei a Beneficiary of Your IRA

You may also consider making a charitable bequest of part or all of your IRA to Mater Dei. By making Mater Dei the beneficiary of your IRA, you eliminate the potential for double taxation (federal estate and income taxes) that your heirs may face if they were named beneficiary of this asset.

 

Key Benefits of Making Mater Dei a Beneficiary of Your IRA:

100% of your IRA assets goes to a charitable purpose that is important to you, and your estate can avoid taxation of up to 60 percent of your IRA assets by eliminating estate and income taxes on these assets. Mater Dei will keep 100 percent of the IRA assets and will invest in the Monarch Legacy Endowment Fund to support need-based financial aid for years to come. 

 

By transferring your IRA to Mater Dei directly upon your death, your estate may claim a charitable estate tax deduction. Neither your estate nor your heirs will have to report any taxable income from the distribution.

 

By eliminating estate and income taxes of your IRA assets, an IRA bequest is one of the most tax efficient ways to fund a charitable gift from your estate.The best way to make a gift of your IRA assets is to name your Mater Dei as the beneficiary on your IRA beneficiary designation forms. To designate Mater Dei as a beneficiary of your IRA, simply contact your plan custodian who will provide you with the IRA beneficiary designation forms to make this bequest.

 
Personal Property

Donate books, artwork, or equipment and secure an income tax deduction.

 

  • You transfer a painting, antiques, collectibles or other personal property to Mater Dei.
  • Mater Dei may elect to hold the property and display or use it in the furtherance of its mission. Mater Dei may elect to sell the property at some point in the future and use the proceeds for its programs.
  • You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
  • You can have the satisfaction of making a significant gift now to Mater Dei without adversely affecting your cash flow.
 
Real Estate

Want to make a big gift to Mater Dei High School's Monarch Legacy Endowment Fund without touching your bank account? Consider giving us real estate. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give us appreciated property you have held longer than one year, you get a federal income tax charitable deduction. You avoid paying capital gains tax. And you no longer have to deal with that property's maintenance costs, property taxes or insurance.

Another benefit: You don't have to hassle with selling the real estate. You can deed the property directly to Mater Dei High School or ask your attorney to add a few sentences in your will or trust agreement. You can give real estate to Mater Dei High School in the following ways:

 

  • An outright gift 
  • Through your will or living trust 
  • Retained life estate
  • Deferred charitable gift annuity
  • Bargain sale