The Academy's Advancement professionals are available to provide personal, confidential information on how gift planning may apply to you and your family.
List of 6 items.
Bequest a provision in your will / trust to provide a testamentary gift to SSA
Qualified Plan Asset Balances (IRA's, 401K, 403(b), Keogh etc.)
Life Insurance and Annuity Proceeds
Gifts that provide income: Planned Gifts
Lifetime transfers of cash, stocks, bonds, mutual funds or real estate with income retained for life or a term of years to one or more beneficiaries
Gift the Property, Keep the Income
Charitable Remainder Unitrust Provides income for life or a term of years as specified by the donor. Payment to the donor is a stated percentage (e.g. 5%, 6%, 7%, etc.) of the net asset value in the trust as recalculated each year.
Charitable Remainder Annuity Trust Same as charitable remainder unitrust except the payment to the donor is fixed as a stated percentage (minimum of 5%) of the appraised value of the asset initially placed in trust and does not fluctuate.
Gift the Income, Keep the Property
Charitable Lead Trust The donor transfers assets to a charitable lead trust that then pays a fixed percentage of trust assets to the SSA Endowment Fund for either a set number of years or the lifetime of the donor.
Gift of Personal Residence with Life Estate Retained
The donor signs a life estate agreement giving title of his/her personal or vacation residence to the SSA Endowment Fund while retaining the right to its use for the remainder of their lifetime. At the time that the agreement is made, an income tax deduction for the present value of this future charitable gift is available to the donor.
You may contact the Advancement Office at 985-892-2540 ext. 109, or firstname.lastname@example.org for more information.
St. Scholastica Academy is a Catholic, all-girls, college-preparatory high school located in Covington, Louisiana. Founded in 1903, SSA perpetuates the Benedictine tradition of balancing prayer, work, study, and community in developing adolescent girls into Christian women grounded in the Gospel values of the Catholic faith. St. Scholastica Academy is a Catholic girls high school of the Archdiocese of New Orleans. As such it admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities available to students at its schools. It does not discriminate on the basis of race, color, national and ethnic origin in administration of educational policies, admissions policies, scholarship and loan programs, or athletic and other school-administered programs.