You have the power to make a gift to Holy Family that will have a lasting impact on our students. Planned gifts support the school while also providing tax and income benefits to you and your family. We encourage you to consult with your attorney, financial advisor, or tax professional before making a gift to HFCS.
With a Planned Gift you can:
- Make a larger charitable gift than you thought possible.
- Take care of the financial needs of your family first.
- Provide inheritances for your heirs at a lower tax cost.
- Reduce your income tax and even avoid capital gains taxes.
- Diversify your investment portfolio.
- Increase income and effective rate of return.
- Leave a legacy without giving up assets.
Find the best Planned Gift to meet your goals:
A cash donation is the simplest and easiest way to make a gift. A cash gift generally provides you with a charitable income tax deduction, subject to limitations, which means savings on your tax return.
A gift of appreciated securities, including stocks or bonds, is another easy way to benefit HFCS. This type of gift allows you to avoid paying capital gains tax and receive a charitable income tax deduction.
Designating HFCS as the beneficiary of your retirement assets, such as your IRA, 401k, 403b, pension or other tax deferred plan, is an excellent way to give because, as a charity, HFCS is not taxed upon receiving the gift. We’ll benefit from the full value of your gift, and you will receive an estate tax charitable deduction.
If you no longer need your life insurance policy or it will no longer benefit your survivors, consider gifting it to HFCS. You can also designate the school as the beneficiary of your life insurance policy when you pass away. Either way, you will receive an estate tax deduction, respectively, for your gift.
Donating your appreciated real property (such as your home, vacation property, vacant land, farmland or ranch or commercial property) to HFCS can make a great gift. You will avoid paying capital gains tax and receive a charitable income tax deduction.