Legacy Giving
A donation to the Mater Dei Monarch Foundation from your estate plans supports a life-changing place to call home for students today and in the future.
With this type of donation, you can also:
Give without affecting your income
Provide yourself added income
Protect your heirs
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Miss Kathleen Kelly '94 Director of Alumni & Legacy Relations(714) 540-8570
FOR PROFESSIONAL ADVISORS
We understand that gifts to charities such as Mater Dei High School can be an important part of your clients' overall financial and estate plans. That is why we are committed to working with you to ensure that your clients find the charitable arrangements that best meet their needs. We believe that charitable planning is a process that ideally involves the donor, professional advisors and our gift planning staff—all working together to arrange the best gift possible. In your work as a professional advisor, you value professionalism, integrity and honesty, taking the utmost care when serving your clients. As a nonprofit organization, we share your values and take the same care when it comes to helping our donors plan charitable gifts to Mater Dei High School.
ANNUITIES AND CHARITABLE TRUSTS
Charitable Gift Annuities
When you are looking for ways to help Mater Dei High School, you shouldn't feel like you are choosing between your philanthropic goals and financial security. One gift that allows you to support Mater Dei High School's work while receiving fixed payments for life is a charitable gift annuity.
Not only does this gift provide you with regular payments and allow us to further our work, but when you create a charitable gift annuity with Mater Dei High School you can receive a variety of tax benefits, including a federal income tax charitable deduction.
You can use the following assets to fund a charitable gift annuity:
- Cash
- Appreciated Securities
- Closely Held Stock
- Real Estate
- Tangible Personal Property
Charitable Remainder Trust
If you have built up a sizeable estate and are also looking for ways to receive reliable payments, you may want to look into the advantages of setting up a charitable remainder trust.
Benefits of a charitable remainder trust include:
- A partial charitable income tax deduction
- Potential for increased income
- Up-front capital gains tax avoidance
There are two ways to receive payments with charitable remainder trusts. The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments. Or the unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.
Charitable Lead Trust
If you want to benefit from the tax savings that result from supporting Mater Dei High School, yet you don't want to give up any assets that you'd like your family to receive someday, you should consider a charitable lead trust.
There are two ways charitable lead trusts make payments. A charitable lead annuity trust pays a fixed amount each year to Mater Dei High School and is more attractive when interest rates are low. A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to Mater Dei High School go up as well.
BEQUESTS AND LIFE INSURANCE
Bequests
By including a bequest to Mater Dei High School in your will or living trust, you are ensuring that we can continue our mission for years to come. Your gift also entitles your estate to an unlimited federal estate tax charitable deduction. You can use the following assets to fund a bequest:
- Cash
- Appreciated Securities
- Real Estate
- Tangible Personal Property
- Closely Held Stock
CLICK HERE for suggested bequest language
Beneficiary Designations
Passionate about supporting Mater Dei High School's Monarch Legacy Endowment Fund with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name Mater Dei High School as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want. You can name Mater Dei as the beneficiary of the following assets:
- Retirement Plan Assets
- Life Insurance
- Commercial Annuities
- Bank Accounts, Certificates of Deposit or Brokerage Accounts
Gifts of Life Insurance
The benefits of giving a policy you no longer need to Mater Dei are:
- You transfer ownership of a paid-up life insurance policy to Mater Dei.
- Mater Dei cashes the policy now, or maintains it and receives the death benefit later.
- You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
- You gain the satisfaction of making a significant gift to Mater Dei without adversely affecting your cash flow.
GIFTS OF STOCK, RETIREMENT ASSETS, PERSONAL PROPERTY & REAL ESTATE
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.
Did You Know?
When you turn 70 1/2, the IRS requires you to take a minimum taxable amount annually from your tax-sheltered accounts (like an IRA) called a Required Minimum Distribution (RMD). If you're in the fortunate position of not needing your distribution, did you know you can satisfy your RMD through a qualified charitable distribution (up to $100,000) to an eligible charity?
Deadline: You must take your FIRST RMD by April 1 of the year after you turn 70 1/2. After that, the annual RMD deadline is December 31. For questions or further instructions about how to support MD through a gift of your RMD, please contact an Advancement Giving Team member.
OTHER WAYS TO GIVE
Endowed Gifts
You have the power to help safeguard the future of Mater Dei High School's Monarch Legacy Endowment Fund by making an endowed gift. Your gift is an investment in our future, helping us grow and thrive for years to come. You can designate a specific program, department, or activity that will benefit from your generosity.
Memorial & Tribute Gifts
If you have a friend or family member whose life has been touched by Mater Dei High School, consider making a gift to us in his or her name.
DONOR ADVISED FUNDS (DAF)
In return, you receive an immediate federal income tax charitable deduction at the time you contribute to the account, and the power to make recommendations on which charities to support whenever you want. You centralize your giving and record-keeping in one location. And maybe best of all, you can start a legacy of giving by letting your children help decide which grants to recommend.
JOSEF'S LEGACY GUILD
Anonymous (5)
Brian '66 & Carol Lee Brady
Raul '72* & Teresa '72 Briseno
Julia Romero Brooks '85
Mike Brosius '69
Bill Brown '69
Wilma Burnett*
Rose Calienni*
Gilbert & Jacki Cisneros Foundation
Joseph Conway, Sr.*
Carol Chapman Cox '65
Dennis V. Dietl '59
Josef D'Heygers*
Charles Dobson '59
Mary Ann Duderstadt '64
Richard & Candice Emsiek
Mike & Katherine Gerdis
Bernice Heffernan*
Dave '56* & Sandy Huarte
John Huarte '61
Julia Inman '84
Kathleen Kelly '94
Barbara Mis Kelly, Parent: 96, 99, 03
Michael & Lisa Knott
Gordon & Gail Lee*
Ronald & Patricia L'Heureux
William* & Willa Dean Lyon Family
Tom & Dorothy McCarthy
Peter* & Mary Muth*
Catherine Ott*
Thomas & Deborah Pavlik
Ken & Carol* Petersen
Robert Preston '66
Don Russell
The Saavedra Family
Mark Schley '63
Dolores Serna*
Monica Solis '83
Frank Suryan
Jerry Tardie '60*
Craig Thornburgh*
Charles Thomas '62
Ann Travis DVM '61
Dave '61* & Mary Utick
Robert Warren '85
Michael Watkins
Robert Webber '59
Ward Family Foundation: Catherine & George Ward
John & Leslie* Widera
Mike '75 & Angela Wintheiser
Mary Jane Wojtkiewicz '74
*In Memoriam