Ways to Give
There are many creative ways to make a tax-deductible donation:
An outright gift is a one-time gift made in the form of cash, check, credit card payment, or securities. Gifts can be made securely on-line or can be mailed to the school at:Saint John's Catholic PrepAdvancement Office
3989 Buckeystown PikeP.O. Box 909Buckeystown, MD 21717
Pledge payments may be made monthly, quarterly, or semi-annually - between July 1st and June 30th. Monthly statements can be mailed or credit/debit cards can be charged in the manner requested by the donor. For Example: You may choose to pledge $1,000 by making an initial payment and setting up a pledge payment plan that fits your personal budget to pay off the remaining balance.
Many companies offer a matching gift program which is an easy way to double your gift. Please check with your Human Resources department to determine if your company has a matching gift program and maximize your impact of giving to SJCP.
Securities and Real Estate
Popular alternatives to cash are gifts of appreciated property, such as securities and real estate. Such gifts generate a double tax benefit. In addition to receiving a charitable income-tax deduction for the full fair-market value of the property, the donor escapes any potential tax on the capital-gain element in the property. If you would like to make a stock transfer, please contact Maggie Ballantyne, Advancement and Communications Specialist 301-662-4210 for the schools routing and account number.
Other Gifts / Planned Gifts
Other ways of giving include Charitable Lead Trusts, Charitable Remainder Unitrusts, Gift Annuities, Gifts Under Your Will, Living Trusts, or Gifts named through Estate or Retirement Plans.
Planned gifts are an important way donors can protect their assets and make an important impact on the future of Saint John's. Please consult with a financial advisor before making planned gift commitments. There are many planned giving arrangements that include the following:
Charitable Remainder Unitrust (CRUT): This type of charitable trust provides an annual straight percentage payout that is based on the fair market value of the assets valued annually. Therefore the payout will increase or decrease based on the appreciation or depreciation of the market value. A CRUT can accept additions to the trust at any time.
Charitable Remainder Annuity Trust (CRAT): This type of charitable trust provides an annual payout based on the market value of the assets as of the date the trust is established. Therefore, this payout will remain constant over time. Also, a CRAT can only be funded at the time of acquisition and cannot accept additions to the trust after the initial contribution.
Charitable Lead Annuity Trust (CLAT): A charitable lead annuity trust must have a fixed dollar amount distributed at least as often as annually. It does not have to state a dollar amount, but can be based on a percentage of the assets as valued at the inception of the trust. A guaranteed annuity need not be the same dollar amount each year. As long as the annuity payments are determinable from the outset, the annuity may vary. What is not permitted is an annuity formula that will produce a variable annuity tied to a fluctuating index.
Charitable Lead Unitrust (CLUT): A unitrust interest is a payment equal to a fixed percentage of the net fair market value of the trust property, determined annually and distributed not less often than once a year. Unlike a charitable remainder net income trust, there can be no reduction in the unitrust payout from a lead trust if annual trust income is less than the unitrust interest.
Charitable Gift Annuity: A charitable gift annuity is a contractual arrangement between the donor and the school. The donor transfers money or property to the school in exchange for a promise to pay an annuity to the donor and/or another named beneficiary for a specified period of time.