A Lasting Impact

Benedictine’s Founder’s Society and Saint Gertrude’s Fidelis Heritage Society have been established to recognize individuals and families who made provisions for future gifts through their estate plans. By becoming a member of this society, you are serving as an inspiration for others to make similar gifts to uphold the traditions of a Benedictine and Saint Gertrude education. We are very grateful for their commitment to our missions and for ensuring the continued success of both schools through their planned gifts.

Benedictine’s Founder’s Society

Dr. and Mrs. Elmore J. Becker, Jr. ’80 Mr. and Mrs. Herman J. Beckstoffer, Jr. ’56 Mr. and Mrs. W. Vincent Benedetti ’77 Mr. and Mrs. James B. Birindelli ’57 Mr. and Mrs. Paul S. Bliley, Jr. ’67 Mr. James W. Boehling ’42 Mr. Jonathan Carl Bogese ’99 Mr. and Mrs. Frank B. Bracken, Jr. ’66 Mr. and Mrs. Richard M. Caravati ’60 Mr. Frank D. Carpin ’56 Mr. and Mrs. Scott F. Coffield ’67 Mr. and Mrs. David S. DeLaney ’74 Mr. and Mrs. Steven C. DeLaney ’72 Mr. and Mrs. W. Barry Gibrall ’64 Mr. and Mrs. Michael Jarrett Mr. Richard G. Lawrence, II ’79 Mr. William A. Nash, II ’72 Mr. John E. Reardon ’47 Coach and Mrs. Robert J. Ross ’55 Mr. R. Michael Valentine ’89 Mr. Frank J. Wallmeyer ’59 and Mrs. Mary T. B. Wallmeyer ’61 Mr. and Mrs. Joseph G. Wallmeyer ’65 Mr. and Mrs. Joseph C. Woodie, Sr. Mr. and Mrs. Frank J. Wyatt, Jr. ’44

Saint Gertrude’s Fidelis Heritage Society

Kathleen Burke Barrett ’65 Brenda Collins Blackard ’73 Joseph W. Bliley, Jr. † Tom and Mary Virginia Kelley Bliley ’49 Charles and Michelle Krajl Bowen ’77 Frvank D. Carpin Edward J. Clarke † Joyce Pusey Clement ’49 † JoAnne Wade Draucker ’66 Andrew M. Dreelin III † J. Dennis Farrell, Jr. † Lisa C. Fusco William F. Holzgrefe † Helen Golden Jenkins † Carol Layton ’82 † Stephen and Wendy Northup Mac and Karen Stumpf Nuckols ’68 † Robert and Alice Bucker Ross ’56 Edward O. † and Jacqueline S. Santucci † Don and Pat Seitz Frank J.† and Madelyn Wolfe Stumpf ’40 Helen Vaughan † Dick and Susan Walker Mary T. Bickerstaff Wallmeyer ’61 Leo J. Wellhouse, Jr. † Patrick and Katherine Wellhouse White ’73

† This cross denotes thse who have passed away since making this gift.

Planned Giving

Planned giving allows you to make charitable gifts now or after your lifetime while enjoying financial benefits for yourself and your loved ones.

Unlike cash donations, these gifts are typically made from assets rather than from disposable income, and may come to fruition upon your death or during your lifetime.

While some planned gifts provide a life-long income to the donor, others use estate and tax planning techniques to provide for charity and other heirs in ways that maximize the gift and/or minimize its impact on the donor’s estate.

Thus, by definition, a planned gift is any major gift, made during one’s lifetime or at death as part of a donor’s overall financial or estate plan.

Whether a donor uses cash, appreciated securities/stock, real estate, artwork, partnership interests, personal property, life insurance, a retirement plan, etc., the benefits of funding a planned gift can make this type of charitable giving very attractive and beneficial to both the donor and Saint Gertrude High School.

Three Types of Planned Gifts

• Outright gifts that use appreciated assets as a substitute for cash (e.g. stocks whose value has risen since purchase) • Gifts that return income or other financial benefits to the donor in return for the contribution (e.g. a charitable remainder trust) • Gifts payable upon the donor’s death (e.g. life insurance policy)

There are many other types of planned gifts..

Tax Benefits of Planned Gifts

Donors who contribute appreciated property, like securities, receive a charitable deduction for the full market value of the asset, and pay no capital gains tax on the transfer.

Donors who establish a life-income gift receive a tax deduction for the full, fair market value of the assets contributed, minus the present value of the income interest retained; if they fund their gift with appreciated property, they pay no upfront capital gains tax on the transfer.

Gifts payable to charity upon the donor’s death, like a bequest or a beneficiary designation in a life insurance policy or retirement account, do not generate a lifetime income tax deduction for the donor, but they are exempt from estate tax.

Consult your financial advisor or attorney before making a planned gift. For additional information about planned giving options that can provide financial benefits to you and your heirs, please visit our websites at benedictinecollegeprep.org or saintgertrude.org, or contact Michelle S. Schroeter at 804.708.9605 or mschroeter@benedictineschools.org.