You can help underserved families in the Diocese of Phoenix with Catholic education. What’s more, you can also enjoy tax benefits from these gifts now, or you can establish a future gift that will pass tax benefits along to your loved ones.
You can learn more about these special opportunities in our free brochure, Tax Savvy Ways to Make an Impact, and other complimentary planning resources. These resources are just a click away!
Stocks and Securities
When you give stock or securities (stock, bonds, mutual funds), you may be eligible for a double tax benefit: 1) You receive an income tax deduction for the full, present, fair market value of the assets, and 2) you may altogether avoid capital gains tax on the appreciation of the assets. This is one of the easiest gifts to give and one of the most effective in helping you achieve your philanthropic goals.
Retirement Assets
A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield you or your heirs from taxes while funding the mission of Catholic Education Arizona.
Life Insurance
Transfer ownership now:
To make an impact on our mission today, irrevocably designate Catholic Education Arizona’s Changing Lives with Legacy Division as the owner and beneficiary of an existing life insurance policy. If you have paid up your policy, you will receive an immediate income tax deduction based on the policy value.
If you have not yet paid your policy, you will make cash contributions to Changing Lives with Legacy to cover future premium payments. For any continuing premium payments you make, you will receive a charitable deduction in the year of the payment.
Name us as a beneficiary:
You can name Catholic Education Arizona’s Changing Lives with Legacy Division as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Catholic Education Arizona will receive the proceeds of your policy when you pass away. You can change your beneficiary at any time.
This gift is easy to arrange — simply request a beneficiary designation form from your plan administrator.
Personal Property
A gift of artwork, coins, antiques, or other personal property can be an excellent way to support the mission of Catholic Education Arizona. The tax benefits of the gift depend on whether the Changing Lives with Legacy division can use the property in a manner related to its mission. Contact us to learn more about this type of gift — we would be happy to help you find the option that best fits your philanthropic goals.
From a Supporter Like You
Joan Baird’s dedication to education has driven her to support the mission of Catholic Education Arizona through various avenues, including Arizona Tax Credit Contributions and donations to the Changing Lives with Legacy Division. Joan’s philanthropic efforts aim to provide underserved families with the educational opportunities she values so deeply, making a lasting impact on the community.
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!