Planned Giving

Join the St. Ignatius Legacy Society!

Members of the St. Ignatius Legacy Society are those people who have made a Planned Gift(deferred gift) to St. Ignatius Parish or School.

For more information on the St. Ignatius Legacy Society, contact Lindsay Hutchisson at hutchissonl@stignatius.org or 251-445-6719.

What is Planned Giving?

Planned giving is fining way to make a charitable gift during one’s lifetime or at death as part of a donor’s overall financial and or estate planning. Whether a donor uses cash, appreciated securities/stock, the income from the sale of 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 to both donor and charity.

Planned gifts require thoughts and preparation for the future and, often, help from your financial advisor. Unlike cash gifts to an annual fund, a planned gift is typically made from assets in your estate rather than one’s discretionary income, and typically come to fruition upon ones death.

How to Give?

One of the easiest ways to give is to leave a bequest. You do this by designating St. Ignatius Parish, or School, as a beneficiary of your asset by will, trust or beneficiary designation form.

Gifts of Retirement Assets

Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to

our organization.

Gift Options

St. Ignatius School Endowment

Children’s Memorial Scholarship Fund

St. Ignatius Parish Memorials

What are the tax benefits of planned gifts?

Donors can contribute appreciated property, like securities or real estate, 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.