Planned giving is easily defined as making the decision now to make a future gift to Nouvel Catholic Central. It is a way of proclaiming your faith in our mission of educating Catholic students and making a difference in the lives of future students. Give back for all you received and establish your legacy with the next generation attending Nouvel Catholic Central.
There are a number of ways to make a planned gift.
This is a gift that does not affect your lifetime cash flow. This gift can be a specific amount, a percentage amount or a remainder amount. Assets remain under your control and you can modify your bequest at any time.
Your retirement plan may be worth more when donated to Nouvel Catholic Central. By designating a portion or all of your plan balance to us, you avoid the double taxation your heir would inherit. You can adjust your beneficiary(ies) at any time should your circumstances change.
By transferring ownership of a life insurance policy, you receive gift credit and an immediate income tax deduction without adversely affecting your cash flow. Or perhaps make an investment in a new policy and name Nouvel Catholic Central the owner and beneficiary.
Charitable gift annuities are a very popular life income gift vehicle. In exchange for your irrevocable lifetime gift of cash, stocks, or bonds, you receive fixed payments for the rest of your life and tax benefits.
Assets of any kind are welcome and usually garner large tax benefits. Gift your house, live there for life and receive an income tax deduction. Avoid paying capital gains tax with some of these types of gifts.
For any planned gifts, it is highly recommended you consult with a tax professional to make the gift that best fits your needs.