RCS Gift Giving Opportunities
Outright Gift Transfer assets to Roanoke Catholic School for investment with the income designated for the school.
Bequests Bequests offer an excellent opportunity for you to make
a significant gift to Roanoke Catholic. You may designate in your will
a specific bequest amount or a percentage of your estate, or you may
name the school as the remainder beneficiary of your estate.
Life Insurance Make Roanoke Catholic the beneficiary of an
existing life insurance policy, or you may purchase a new policy for
the benefit of Roanoke Catholic. Insurance policies can be written so
that you will have both an income tax deduction for the premiums you
pay and an estate tax deduction for the proceeds of the policy. Roanoke
Catholic School staff will gladly provide you with additional
information about this unique gift.
Real Estate Give your home, farm, or other property to Roanoke
Catholic and retain the right to live in your home for the rest of your
life. Such a gift provides an immediate substantial charitable tax
deduction determined by the market value of your property and by your
age at the time of the gift.
Charitable Remainder Trust Place money, securities or property
in a charitable trust for Roanoke Catholic and receive an annual income
for life. The donor may designate the school to be the beneficiary. The
donor receives an immediate substantial charitable tax deduction
determined by the market value of the assets placed in the trust and
the donor age at the time of the gift. Such a charitable trust may have
the form of either an Annuity Trust which provides a fixed income each
year or a Unitrust which provides income annually at an agreed upon
percent of the value of the assets at the time of the annual payment.
Gift Annuity A gift annuity can provide you with a guaranteed
income for life and the assurance that the remainder will be used as
you direct. Gift annuity agreements contain standard annuity rates
which vary with the donor's age. Confidential information will be
prepared at your request.
