You can fund unmet scholarship needs while earning an income from your gift.
You can learn more about these special opportunities in our free brochure, Gifts that Pay You Income, and other complimentary planning resources. These resources are just a click away!
Charitable Gift Annuities
Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through Catholic Education Arizona’s Changing Lives with Legacy Division.
How it works:
- You donate cash or appreciated securities worth $20,000 or more to Catholic Education Arizona’s Changing Lives with Legacy Division. In return, you and/or another beneficiary will receive fixed payments for life.
- Your payment rate is based on your age (payments start at age 55 or later) and will never change.
- A portion of your payments will be tax-free.
- The older you are — or the longer you defer starting your payment — the higher your payments will be.
Benefits to you include:
- Lifetime payments that will never change.
- Capital gains tax savings when you fund your CGA using appreciated stock.
- You are eligible for an immediate charitable income tax deduction.
- Your gift passes to Changing Lives with Legacy outside of the estate process.
- You create your legacy of providing a Catholic education to underserved families.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.
How it works:
- You transfer cash or an appreciated asset* into an irrevocable trust.
- The trustee then sells the asset, paying no capital gains tax, and reinvests the proceeds.
- For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
- After your lifetime, the remaining principal is used to support the mission of Catholic Education Arizona.
Benefits to you include:
- You receive income for life for you or your heirs.
- You receive a charitable income tax credit for the charitable portion of the trust.
- You create your legacy of strengthening families.
*While donating real estate is the most common way to fund a charitable trust, a wide variety of assets can be used, including cash, appreciated publicly traded or closely held stock, as well as oil, gas or mineral interests.
See Your Impact
I would like to thank those from the bottom of my heart, thank you for making this a possibility for my family. I prayed every day for God to protect Dylan and our family and provide him with a Catholic education.
-The Brennan Family
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!